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Communication Services - Telecommunications Services - NASDAQ - US
$ 28.31
-4.52 %
$ 3.22 B
Market Cap
30.44
P/E
1. INTRINSIC VALUE

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway.[ Read More ]

The intrinsic value of one IRDM stock under the base case scenario is HIDDEN Compared to the current market price of 28.3 USD, Iridium Communications Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IRDM

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FINANCIALS
791 M REVENUE
9.67%
81.6 M OPERATING INCOME
6.45%
15.4 M NET INCOME
76.74%
315 M OPERATING CASH FLOW
-8.65%
-83.5 M INVESTING CASH FLOW
31.15%
-327 M FINANCING CASH FLOW
12.78%
213 M REVENUE
5.82%
54.9 M OPERATING INCOME
25.67%
24.4 M NET INCOME
-24.40%
119 M OPERATING CASH FLOW
46.25%
-18.6 M INVESTING CASH FLOW
84.88%
-3.31 M FINANCING CASH FLOW
95.16%
Balance Sheet Decomposition Iridium Communications Inc.
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Current Assets 271 M
Cash & Short-Term Investments 71.9 M
Receivables 91.7 M
Other Current Assets 107 M
Non-Current Assets 2.39 B
Long-Term Investments 67.1 M
PP&E 2.2 B
Other Non-Current Assets 128 M
Current Liabilities 132 M
Accounts Payable 28.7 M
Short-Term Debt 15 M
Other Current Liabilities 87.9 M
Non-Current Liabilities 1.64 B
Long-Term Debt 1.48 B
Other Non-Current Liabilities 161 M
EFFICIENCY
Earnings Waterfall Iridium Communications Inc.
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Revenue 791 M
Cost Of Revenue 225 M
Gross Profit 566 M
Operating Expenses 484 M
Operating Income 81.6 M
Other Expenses 66.2 M
Net Income 15.4 M
RATIOS
71.53% GROSS MARGIN
71.53%
10.32% OPERATING MARGIN
10.32%
1.95% NET MARGIN
1.95%
1.74% ROE
1.74%
0.58% ROA
0.58%
-15.60% ROIC
-15.60%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Iridium Communications Inc.
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Net Income 15.4 M
Depreciation & Amortization 320 M
Capital Expenditures -73.5 M
Stock-Based Compensation 57.5 M
Change in Working Capital -56.7 M
Others 11.6 M
Free Cash Flow 241 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Iridium Communications Inc.
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IRDM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.46% DIVIDEND YIELD
0.14 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Iridium Communications Inc.
image
Sold
0-3 MONTHS
1.26 M USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
108 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.04 M USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 04, 2024
Sell 130 K USD
McBride Suzanne E.
CHIEF OPERATIONS OFFICER
- 4420
29.48 USD
3 weeks ago
Oct 23, 2024
Sell 1.13 M USD
NIEHAUS ROBERT H
Director
- 38355
29.39 USD
8 months ago
Mar 06, 2024
Sell 108 K USD
Harman Jane L.
Director
- 3798
28.41 USD
11 months ago
Nov 20, 2023
Bought 1.04 M USD
DESCH MATTHEW J
Chief Executive Officer
+ 28000
37.01 USD
1 year ago
May 03, 2023
Sell 1.8 M USD
Hartin Bryan J.
EVP-Sales and Marketing
- 27835
64.8 USD
1 year ago
May 01, 2023
Sell 2.82 M USD
NIEHAUS ROBERT H
Director
- 44432
63.49 USD
1 year ago
May 01, 2023
Sell 732 K USD
NIEHAUS ROBERT H
Director
- 11344
64.49 USD
1 year ago
Apr 25, 2023
Sell 537 K USD
Hartin Bryan J.
EVP-Sales and Marketing
- 8129
66.01 USD
1 year ago
Mar 16, 2023
Sell 456 K USD
McBride Suzanne E.
Chief Operations Officer
- 7512
60.73 USD
1 year ago
Mar 14, 2023
Sell 276 K USD
WEST BARRY
Director
- 4564
60.5 USD
1 year ago
Mar 13, 2023
Sell 5.76 M USD
Scheimreif Scott
EVP-Government Programs
- 96348
59.79 USD
1 year ago
Mar 03, 2023
Sell 124 K USD
McBride Suzanne E.
Chief Operations Officer
- 2000
61.85 USD
1 year ago
Mar 02, 2023
Sell 283 K USD
McBride Suzanne E.
Chief Operations Officer
- 4669
60.65 USD
1 year ago
Feb 27, 2023
Sell 612 K USD
Canfield Thomas C
Director
- 10036
61.03 USD
1 year ago
Feb 22, 2023
Sell 6.29 M USD
DESCH MATTHEW J
Chief Executive Officer
- 100058
62.82 USD
1 year ago
Feb 22, 2023
Sell 11.6 K USD
FITZPATRICK THOMAS
Chief Financial Officer
- 181
64 USD
1 year ago
Feb 22, 2023
Sell 685 K USD
WEST BARRY
Director
- 10900
62.88 USD
1 year ago
Feb 22, 2023
Sell 1.99 M USD
NIEHAUS ROBERT H
Director
- 31776
62.75 USD
1 year ago
Feb 22, 2023
Sell 204 K USD
NIEHAUS ROBERT H
Director
- 3224
63.29 USD
1 year ago
Feb 23, 2023
Sell 2.19 M USD
NIEHAUS ROBERT H
Director
- 34800
62.84 USD
1 year ago
Feb 23, 2023
Sell 12.7 K USD
NIEHAUS ROBERT H
Director
- 200
63.31 USD
1 year ago
Feb 22, 2023
Sell 120 K USD
Morgan Kathleen A.
Chief Legal Officer
- 1920
62.59 USD
1 year ago
Feb 22, 2023
Sell 200 K USD
Morgan Kathleen A.
Chief Legal Officer
- 3149
63.49 USD
1 year ago
Feb 22, 2023
Sell 206 K USD
Schliemann Henrik O.
Director
- 3272
62.95 USD
1 year ago
Feb 22, 2023
Sell 78.3 K USD
Schliemann Henrik O.
Director
- 1228
63.73 USD
1 year ago
Jan 12, 2023
Sell 1.81 M USD
DESCH MATTHEW J
Chief Executive Officer
- 30067
60.07 USD
1 year ago
Jan 09, 2023
Sell 168 K USD
DESCH MATTHEW J
Chief Executive Officer
- 2800
59.99 USD
1 year ago
Jan 10, 2023
Sell 2.09 M USD
DESCH MATTHEW J
Chief Executive Officer
- 34838
60.1 USD
1 year ago
Jan 11, 2023
Sell 535 K USD
DESCH MATTHEW J
Chief Executive Officer
- 8922
59.99 USD
1 year ago
Jan 05, 2023
Sell 1.22 M USD
DESCH MATTHEW J
Chief Executive Officer
- 22433
54.3 USD
1 year ago
Jan 06, 2023
Sell 552 K USD
DESCH MATTHEW J
Chief Executive Officer
- 9208
59.96 USD
1 year ago
Jan 05, 2023
Sell 2.24 K USD
Kapalka Timothy
CAO Iridium Satellite LLC
- 40
56 USD
1 year ago
Jan 06, 2023
Sell 65.9 K USD
Kapalka Timothy
CAO Iridium Satellite LLC
- 1176
56 USD
1 year ago
Jan 03, 2023
Sell 1.18 M USD
DESCH MATTHEW J
Chief Executive Officer
- 21769
54.24 USD
1 year ago
Jan 04, 2023
Sell 543 K USD
DESCH MATTHEW J
Chief Executive Officer
- 10049
54.04 USD
1 year ago
Jan 03, 2023
Sell 142 K USD
Kapalka Timothy
CAO Iridium Satellite LLC
- 2636
54 USD
1 year ago
Jan 03, 2023
Sell 1.48 M USD
Rush Parker William
Director
- 27363
54 USD
2 years ago
Nov 04, 2022
Sell 5.2 K USD
DESCH MATTHEW J
Chief Executive Officer
- 100
51.95 USD
2 years ago
Nov 07, 2022
Sell 645 K USD
DESCH MATTHEW J
Chief Executive Officer
- 12353
52.21 USD
2 years ago
Nov 07, 2022
Sell 328 K USD
Kapalka Timothy
CAO Iridium Satellite LLC
- 6250
52.5 USD
2 years ago
Nov 01, 2022
Sell 3.2 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 61619
52 USD
2 years ago
Nov 01, 2022
Sell 156 K USD
Morgan Kathleen A.
Chief Legal Officer
- 3000
52 USD
2 years ago
Nov 01, 2022
Sell 1.06 M USD
DESCH MATTHEW J
Chief Executive Officer
- 20477
51.97 USD
2 years ago
Nov 02, 2022
Sell 945 K USD
DESCH MATTHEW J
Chief Executive Officer
- 18151
52.08 USD
2 years ago
Nov 01, 2022
Sell 1.42 M USD
Rush Parker William
Director
- 27363
52 USD
2 years ago
Oct 31, 2022
Sell 122 K USD
Kapalka Timothy
CAO Iridium Satellite LLC
- 2382
51.25 USD
2 years ago
Oct 06, 2022
Sell 144 K USD
Morgan Kathleen A.
Chief Legal Officer
- 3000
48 USD
2 years ago
Aug 19, 2022
Sell 5.22 M USD
Krongard A B
Director
- 115000
45.39 USD
2 years ago
Aug 15, 2022
Sell 350 K USD
McBride Suzanne E.
Chief Operations Officer
- 7500
46.68 USD
2 years ago
Aug 05, 2022
Sell 78.1 K USD
DESCH MATTHEW J
Chief Executive Officer
- 1723
45.35 USD
2 years ago
Aug 03, 2022
Sell 876 K USD
NIEHAUS ROBERT H
director:
- 19461
45.01 USD
2 years ago
Aug 03, 2022
Sell 480 K USD
NIEHAUS ROBERT H
Director
- 10539
45.51 USD
2 years ago
Aug 02, 2022
Sell 621 K USD
Hartin Bryan J.
EVP-Sales and Marketing
- 13799
45 USD
2 years ago
Jul 29, 2022
Sell 132 K USD
WEST BARRY
director:
- 3002
44.03 USD
2 years ago
Jul 28, 2022
Sell 132 K USD
Morgan Kathleen A.
Chief Legal Officer
- 3000
44 USD
2 years ago
Mar 08, 2022
Sell 119 K USD
PFEIFFER STEVEN B
director:
- 3002
39.6 USD
2 years ago
Feb 25, 2022
Sell 117 K USD
Schliemann Henrik O.
Director
- 3000
38.95 USD
3 years ago
Sep 07, 2021
Sell 101 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 2112
48 USD
3 years ago
Aug 30, 2021
Sell 95.2 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 2070
46 USD
3 years ago
Aug 24, 2021
Sell 19 M USD
Baralonco Ltd
10 percent owner
- 500000
38 USD
3 years ago
Aug 05, 2021
Sell 17.6 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 400
44 USD
3 years ago
Aug 02, 2021
Sell 1.23 M USD
NIEHAUS ROBERT H
Director
- 29311
42.09 USD
3 years ago
Jul 29, 2021
Sell 804 K USD
Hartin Bryan J.
EVP-Sales and Marketing
- 19596
41.02 USD
3 years ago
Jul 28, 2021
Sell 1.33 M USD
McBride Suzanne E.
Chief Operations Officer
- 32553
40.89 USD
3 years ago
Jul 26, 2021
Sell 79.4 K USD
Hartin Bryan J.
EVP-Sales and Marketing
- 1925
41.25 USD
3 years ago
Jun 07, 2021
Bought 96.9 K USD
FRAZIER LEON ANTHONY
Director
+ 2600
37.26 USD
3 years ago
Mar 18, 2021
Sell 405 K USD
WEST BARRY
Director
- 10000
40.5 USD
3 years ago
Mar 11, 2021
Sell 2.74 M USD
Scheimreif Scott
EVP-Government Programs
- 65737
41.65 USD
3 years ago
Mar 11, 2021
Sell 16.1 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 383
41.99 USD
3 years ago
Mar 01, 2021
Sell 123 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 3125
39.26 USD
3 years ago
Feb 19, 2021
Sell 382 K USD
Canfield Thomas C
Director
- 8127
46.96 USD
3 years ago
Feb 17, 2021
Sell 917 K USD
NIEHAUS ROBERT H
Director
- 19202
47.78 USD
3 years ago
Feb 17, 2021
Sell 1.49 M USD
NIEHAUS ROBERT H
Director
- 30798
48.46 USD
3 years ago
Feb 17, 2021
Sell 575 K USD
McBride Suzanne E.
Chief Operations Officer
- 12000
47.95 USD
3 years ago
Feb 17, 2021
Sell 159 K USD
Hartin Bryan J.
EVP-Sales and Marketing
- 3238
49 USD
3 years ago
Feb 18, 2021
Sell 2.8 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 60001
46.59 USD
3 years ago
Feb 17, 2021
Sell 1.21 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 25395
47.79 USD
3 years ago
Feb 17, 2021
Sell 2.19 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 45195
48.44 USD
3 years ago
Feb 18, 2021
Sell 5.23 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 110589
47.26 USD
3 years ago
Feb 17, 2021
Sell 29.5 K USD
FITZPATRICK THOMAS
Chief Financial Officer
- 600
49.22 USD
3 years ago
Feb 18, 2021
Sell 3 M USD
DESCH MATTHEW J
Chief Executive Officer
- 62087
48.32 USD
3 years ago
Dec 22, 2020
Sell 2.86 M USD
DESCH MATTHEW J
Chief Executive Officer
- 75000
38.11 USD
3 years ago
Dec 09, 2020
Sell 2.27 M USD
DESCH MATTHEW J
Chief Executive Officer
- 65133
34.9 USD
3 years ago
Dec 04, 2020
Sell 1.52 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 44648
34 USD
3 years ago
Dec 04, 2020
Sell 374 K USD
DESCH MATTHEW J
Chief Executive Officer
- 10865
34.41 USD
3 years ago
Dec 07, 2020
Sell 649 K USD
DESCH MATTHEW J
Chief Executive Officer
- 18598
34.9 USD
3 years ago
Dec 07, 2020
Sell 1.6 M USD
DESCH MATTHEW J
Chief Executive Officer
- 46247
34.64 USD
3 years ago
Dec 07, 2020
Sell 108 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 3125
34.4 USD
3 years ago
Dec 04, 2020
Sell 4.03 M USD
Scheimreif Scott
EVP-Government Programs
- 117778
34.25 USD
3 years ago
Dec 01, 2020
Sell 1.55 M USD
DESCH MATTHEW J
Chief Executive Officer
- 46956
33.04 USD
3 years ago
Nov 24, 2020
Sell 6.58 K USD
DESCH MATTHEW J
Chief Executive Officer
- 200
32.91 USD
3 years ago
Nov 27, 2020
Sell 198 K USD
DESCH MATTHEW J
Chief Executive Officer
- 6029
32.91 USD
4 years ago
Nov 16, 2020
Sell 2.49 M USD
FITZPATRICK THOMAS
Chief Financial Officer
- 77714
32 USD
4 years ago
Oct 20, 2020
Sell 591 K USD
FITZPATRICK THOMAS
Chief Financial Officer
- 19694
30 USD
4 years ago
Oct 20, 2020
Sell 615 K USD
Scheimreif Scott
EVP-Government Programs
- 20507
30 USD
4 years ago
Oct 20, 2020
Sell 2.76 M USD
DESCH MATTHEW J
Chief Executive Officer
- 92069
30 USD
4 years ago
Sep 01, 2020
Sell 87.2 K USD
Kapalka Timothy
VP Iridium Satellite LLC
- 3125
27.92 USD
4 years ago
Aug 11, 2020
Sell 852 K USD
FITZPATRICK THOMAS
Chief Financial Officer
- 28620
29.76 USD
4 years ago
Aug 10, 2020
Sell 8.43 K USD
Scheimreif Scott
EVP-Government Programs
- 281
30 USD
4 years ago
Aug 07, 2020
Sell 62.5 K USD
FITZPATRICK THOMAS
Chief Financial Officer
- 2100
29.76 USD
4 years ago
Aug 10, 2020
Sell 947 K USD
FITZPATRICK THOMAS
Chief Financial Officer
- 31757
29.82 USD
7. News
Eutelsat to Deliver IRDM's Certus & STL Services to US Government Iridium Communications Inc. IRDM and Eutelsat Group's EUTLF subsidiary Eutelsat America Corp. and OneWeb Technologies Inc. (“EACOWT”) recently inked a partnership whereby EACOWT will deliver Iridium Certus and Iridium Satellite Time and Location (STL) services to U.S. government clients. These services will be available to the government through the IRDM's U.S. Space Force's Proliferated Low Earth Orbit (P-LEO) contracts and OneWeb Technologies. zacks.com - 3 weeks ago
Eutelsat America Corp. and OneWeb Technologies to offer Iridium Certus and STL® Services to the U.S. Government HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Eutelsat America Corp. and OneWeb Technologies Inc (EACOWT), operating in combination as a wholly owned independent U.S. proxy company and subsidiary of Eutelsat Group, today announced a partnership agreement with Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, to provide Iridium Certus® and Iridium® Satellite Time and Location (STL®) services to U.S. government customers. EACOWT will now offer an enhanced GNSS-resilient Low Earth Orbit (LEO) Ku-Band/L-band solution by adding Iridium Certus and Iridium STL services to its portfolio of government services. prnewswire.com - 3 weeks ago
Iridium's Q3 Earnings Beat on Higher Revenues, Stock Soars 11% With strong revenue growth in commercial service and government engineering units and an expanding subscriber base, IRDM delivers impressive Q3 performance. zacks.com - 4 weeks ago
Iridium Communications Inc. (IRDM) Q3 2024 Earnings Call Transcript Iridium Communications Inc (NASDAQ:IRDM ) Q3 2024 Results Conference Call October 17, 2024 8:30 AM ET Company Participants Ken Levy - Vice President, Investor Relations Matt Desch - Chief Executive Officer of Iridium Communications Inc. Tom Fitzpatrick - CFO Vincent O'Neill - Senior Vice President of Finance Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Edison Yu - Deutsche Bank Walter Piecyk - LightShed Ventures Hamed Khorsand - BWS Chris Quilty - Quilty Space Louis DiPalma - William Blair Operator Good day and welcome to the Iridium's 2024 third quarter earnings call. All participants will be in listen-only mode. seekingalpha.com - 1 month ago
Iridium & GDMS Secure $491.6M SDA Contract: IRDM Stock to Gain? Iridium Communications Inc. IRDM and General Dynamics Mission Systems (“GDMS”) have jointly received a $491.6 million contract modification from the Space Development Agency (“SDA”) for its Ground Management and Integration (GMI) program, which supports the Proliferated Warfighter Space Architecture (PWSA). Iridium's share of this total is valued at $239 million over five years. zacks.com - 1 month ago
Here's What Key Metrics Tell Us About Iridium (IRDM) Q3 Earnings The headline numbers for Iridium (IRDM) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 month ago
Iridium Communications (IRDM) Q3 Earnings and Revenues Surpass Estimates Iridium Communications (IRDM) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to loss of $0.01 per share a year ago. zacks.com - 1 month ago
Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook MCLEAN, Va. , Oct. 17, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the third quarter of 2024 and updated its full-year 2024 outlook. prnewswire.com - 1 month ago
Space Development Agency Award Continues Iridium's Commercial Innovation Delivery Strategy for Government MCLEAN, Va. , Oct. 15, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced the Space Development Agency (SDA) has awarded the General Dynamics Mission Systems (GDMS) and Iridium team a $491.6 million contract modification in support of its Ground Management and Integration (GMI) program for the Proliferated Warfighter Space Architecture (PWSA). prnewswire.com - 1 month ago
Iridium Partners With Nordic Semiconductor for Global IoT Connectivity Iridium Communications Inc. IRDM has joined forces with Nordic Semiconductor to incorporate its Non-Terrestrial Networks (NTN) Direct service into Nordic's LTE-M/Narrowband Internet of Things (NB-IoT) modules and chipsets. This initiative aims to realize the vision of universal connectivity for global and extensive IoT applications. zacks.com - 1 month ago
Iridium Gearing Up to Report Q3 Earnings: Here's What to Expect Iridium's third-quarter performance is likely to have benefited from momentum in commercial service revenues and increasing subscriber base. zacks.com - 1 month ago
Iridium (IRDM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Get a deeper insight into the potential performance of Iridium (IRDM) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 1 month ago
8. Profile Summary

Iridium Communications Inc. IRDM

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COUNTRY US
INDUSTRY Telecommunications Services
MARKET CAP $ 3.22 B
Dividend Yield 0.46%
Description Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.
Contact 1750 Tysons Boulevard, McLean, VA, 22102 https://www.iridium.com
IPO Date March 20, 2008
Employees 760
Officers Mr. Thomas J. Fitzpatrick C.P.A. Chief Financial Officer, Chief Administrative Officer & Director Mr. Bryan J. Hartin Executive Vice President of Sales & Marketing Mr. Gregory Pelton Chief Technical Officer Ms. Manjula Sriram Vice President & Chief Information Officer Mr. Timothy Last Senior Vice President of Sales, Product Management and Customer Care Mr. Matthew J. Desch Chief Executive Officer & Director Ms. Suzanne E. McBride Chief Operating Officer & Director Ms. Kathleen A. Morgan Chief Legal Officer & Company Secretary Mr. Scott T. Scheimreif Executive Vice President of Government Programs Mr. Kenneth B. Levy Vice President of Investor Relations