IRIDIUM COMMUNICATIONS INC.

(IRDM)
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Delayed Nasdaq  -  05/27 04:00:00 pm EDT
38.71 USD   +5.30%
06:44aIRIDIUM COMMUNICATIONS : General Dynamics Mission Systems and Iridium Awarded $324 Million Ground Control and Operations Contract by the Space Development Agency - Form 8-K
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06:25aIRIDIUM COMMUNICATIONS INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
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03:26aGeneral Dynamics, Iridium Secure $324 Million Ground Operations Contract by the Space Development Agency
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Iridium Communications Inc. Announces Partnership with Canadian Coast Guard

08/04/2021 | 08:01am EDT

Iridium Communications Inc. announced that the Canadian Coast Guard has adopted Iridium Certus connectivity with support from Iridium partner MetOcean Telematics. The Coast Guard deployed dozens of Iridium Certus™ Thales VesseLINK™ 700 terminals on its vessels, including icebreakers, to contribute to reliable internet connectivity as crew members deliver programs and services to ensure the safety of mariners in Canadian waters and protect Canada's marine environment. Iridium Certus delivers weather-resilient and completely global coverage, ensuring dependable connectivity in the high Arctic where the Coast Guard serves. The Canadian Coast Guard responds to marine search and rescue and environmental incidents, provides icebreaking and aids to navigation services, and ensures waterways are safe and accessible for business year-round including in the Arctic during the operational season from June to November. While on duty in the high Arctic, the Iridium® network supports Coast Guard ships' and crew members' ability to stay in touch with headquarters. Iridium Certus connectivity also supports the Coast Guard's general safety with access to navigational data and weather reports, which is a large improvement from historical solutions. The only communications network providing reliable coverage to the polar regions, Iridium enables critical communications and safety services for anyone traveling through the world's most dangerous-to-navigate regions. Unique in the satellite industry, Iridium Certus delivers the fastest L-band speeds in the world – even at the poles – and is the only broadband service that provides truly global, weather-resilient coverage for on-the-move internet and high-quality voice access. As an L-band network, Iridium is also uniquely positioned to provide safety services, including those for the Global Maritime Distress and Safety System (GMDSS), which Iridium launched in December 2020.


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All news about IRIDIUM COMMUNICATIONS INC.
06:44aIRIDIUM COMMUNICATIONS : General Dynamics Mission Systems and Iridium Awarded $324 Million..
PU
06:25aIRIDIUM COMMUNICATIONS INC. : Regulation FD Disclosure, Financial Statements and Exhibits ..
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03:26aGeneral Dynamics, Iridium Secure $324 Million Ground Operations Contract by the Space D..
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05/26General Dynamics Mission Systems and Iridium Awarded $324 Million Ground Control and Op..
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Analyst Recommendations on IRIDIUM COMMUNICATIONS INC.
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Financials (USD)
Sales 2022 677 M - -
Net income 2022 9,53 M - -
Net Debt 2022 1 280 M - -
P/E ratio 2022 602x
Yield 2022 -
Capitalization 4 955 M 4 955 M -
EV / Sales 2022 9,20x
EV / Sales 2023 8,80x
Nbr of Employees 540
Free-Float 89,9%
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Mean consensus BUY
Number of Analysts 6
Last Close Price 38,71 $
Average target price 51,20 $
Spread / Average Target 32,3%
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Managers and Directors
Matthew J. Desch Chief Executive Officer & Director
Thomas J. Fitzpatrick Chief Financial & Administrative Officer, Director
Robert H. Niehaus Director
Gregory Pelton Chief Technical Officer
Manjula Sriram Chief Information Officer & Vice President
Sector and Competitors