Company Iridium Communications Inc.

Equities

IRDM

US46269C1027

Wireless Telecommunications Services

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
31.37 USD +5.66% Intraday chart for Iridium Communications Inc. +14.49% -23.79%

Business Summary

Iridium Communications Inc. is a commercial provider of communications services. The Company is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. It utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. It serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.

Number of employees: 763

Sales per Business

USD in Million2022Weight2023Weight Delta
Service - Commercial
60.5 %
429 59.5 % 478 60.5 % +11.60%
Service - Government
13.4 %
106 14.7 % 106 13.4 % 0.00%
Subscriber Equipment
13.3 %
135 18.7 % 105 13.3 % -21.96%
Engineering and Support Services
12.8 %
52 7.2 % 101 12.8 % +96.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
54.6 %
375 52.0 % 431 54.6 % +15.16%
Other Countries
45.4 %
346 48.0 % 359 45.4 % +3.72%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 09-09-28
Chairman 68 08-01-31
Director of Finance/CFO 66 10-03-31
Chief Operating Officer 55 19-02-10
Chief Tech/Sci/R&D Officer - 22-01-04
Chief Tech/Sci/R&D Officer - 21-06-16
Investor Relations Contact - -
Corporate Officer/Principal 55 08-03-31
Sales & Marketing 60 12-11-30
General Counsel 56 08-04-30

Members of the board

Members of the board TitleAgeSince
Director of Finance/CFO 66 10-03-31
Director/Board Member 87 09-08-31
Director/Board Member 53 21-03-08
Chief Executive Officer 66 09-09-28
Chairman 68 08-01-31
Director/Board Member 68 08-01-31
Director/Board Member 78 15-04-30
Director/Board Member 57 22-05-16
Director/Board Member 72 11-12-05
Chief Operating Officer 55 19-02-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 121,428,519 108,471,262 ( 89.33 %) 0 89.33 %

Shareholders

NameEquities%Valuation
BAMCO, Inc.
11.47 %
14,045,775 11.47 % 367 M $
Vanguard Fiduciary Trust Co.
9.599 %
11,753,337 9.599 % 307 M $
BlackRock Advisors LLC
8.841 %
10,825,632 8.841 % 283 M $
10,432,489 8.520 % 273 M $
Capital Research & Management Co. (International Investors)
6.046 %
7,403,313 6.046 % 194 M $
4,290,627 3.504 % 112 M $
Van Berkom & Associates, Inc.
2.234 %
2,735,294 2.234 % 72 M $
Silver Heights Capital Management, Inc. (Canada)
2.169 %
2,656,227 2.169 % 69 M $
ARK Investment Management LLC
2.101 %
2,573,180 2.101 % 67 M $
ClearBridge Investments LLC
1.851 %
2,266,706 1.851 % 59 M $

Company contact information

Iridium Communications, Inc.

1750 Tysons Boulevard Suite 1400

22102, McLean

+703 287 7400

http://www.iridium.com
address Iridium Communications Inc.(IRDM)

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NameCategory and Sector
Specialty Telecommunications
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