Iridium Communications Inc (IRDM) Quote

management threw away their opportunity with this company when they decided to buy back shares. Still losing money and they try to act like a big success with extra cash to buy back? Who does that benefit?

Good news on their utilization of the L-Band. It's surprising that they don't mention the Y/Y increase in their subscription base.

Year over year, looking pretty good here. More subscriptions and a huge 7 year US military contract worth millions.

Lots of debts extinguished and ready for some profitability coming up in 2020.

News: $IRDM Iridium Announces Second-Quarter 2019 Results; Reaffirms 2019 Outlook

MCLEAN, Va. , July 23, 2019 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the second quarter of 2019 and affirmed its full-year 2019 outlook.  Net loss was $18.1 million , or $0.16 per diluted share, for the second quar...

Find out more Iridium Announces Second-Quarter 2019 Results; Reaffirms 2019 Outlook

News: $IRDM Iridium Communications, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / July 23, 2019 / Iridium Communications, Inc. (NASDAQ: IRDM ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 23, 2019 at 8:30 AM Eastern Time. To listen to the event live or access a replay of the call - visit ...

Find out more Iridium Communications, Inc. to Host Earnings Call

https://finance.yahoo.com/news/iridium-enhances-network-southern-hemisphere-120100619.html?.tsrc=rss This is one of the hottest stocks in the market today and for some strange reason it is one of the least talked about stocks. On any board, anywhere! GL

Dude. This is insane ..This stock could go to $100 easy

https://www.cnbc.com/2018/09/27/amazon-partners-with-iridium-for-aws-cloud-services-via-satellite.html

Satellite company partners with Bezos' AWS to bring internet connectivity to the 'whole planet'
Iridium is partnering with AWS to develop a satellite-based network called CloudConnect for Internet of Things (IoT) applications.
"Now that Amazon has put our language into the cloud platform, they can extend their applications to the satellite realm," Iridium CEO Matt Desch told CNBC.
The CloudConnect network will focus on "where cellular technologies aren't," Desch said.
Michael Sheetz | @thesheetztweetz
Published 2:18 PM ET Thu, 27 Sept 2018 Updated 9 Mins Ago
CNBC.com
A SpaceX Falcon 9 rocket lifts off carrying the NASA/German Research Centre for Geosciences GRACE Follow-On spacecraft from Space Launch Complex 4E at Vandenberg Air Force Base, California, U.S., May 22, 2018.
Bill Ingalls | Reuters
A SpaceX Falcon 9 rocket lifts off carrying the NASA/German Research Centre for Geosciences GRACE Follow-On spacecraft from Space Launch Complex 4E at Vandenberg Air Force Base, California, U.S., May 22, 2018.
Iridium Communications announced a partnership with Amazon Web Services this week, to develop a satellite-based network called CloudConnect for Internet of Things (IoT) applications.

"We're really covering the whole planet ... with terrestrial networks today it's still only 10 percent or 20 percent" of the Earth, Iridium CEO Matt Desch told CNBC on Thursday. "Everybody today can connect pretty easily with very little effort. Now that Amazon has put our language into the cloud platform, they can extend their applications to the satellite realm."

CloudConnect, which the company expects to launch in 2019, makes Iridium "the first, and only, satellite provider now connected to" Amazon Web Services, Desch said. The CloudConnect network will focus on "where cellular technologies aren't," Desch said, bringing the rest of the world within reach of AWS.

Amazon has been looking to hire people to work on "interconnecting space system networks," CNBC reported earlier this month. The company has never publicly discussed such a project.

Shares of Iridium rose 7.1 percent in trading, hitting an all-time high of $21.98 a share.

Iridium stock is up more than 80 percent this year


The company is nearly finished putting its Iridium NEXT constellation of 75 satellites into orbit. SpaceX is launching the $3 billion satellite network for Iridium, with the eighth and final launch happening later this year. Desch has called SpaceX "critical" to Iridium's commercial success, which is now the satellite company's sole launch provider.

Once online, Iridium NEXT will offer services such as higher broadband communications speeds and global airplane tracking. Iridium describes the IoT aspect of the network as a "catalyst for strong subscriber growth." Desch said the network hosts "about half a million" active devices, growing at a rate of about 20 percent per year for the last three years. With AWS onboard, Desch gave a very bullish estimates for his IoT services: "Easily this could expand to tens of millions of devices."

"We have the best bandwidth over anybody," Desch said. "Our network is super efficient at how it can manage these bytes of information."

Using the AWS, the most widespread cloud-computing service in the world, applications all speak the same "language," Desch said. It can take companies months or years to connect their applications into a new cloud suite, Desch explained, saying the IoT devices sometimes "talking in proprietary languages" or "they have to learn to talk from scratch." Add that to the 80 percent of the world where "it's still hard to connect things up" and one can see why CloudConnect will be optimized for connecting things very efficiently around the world," Desch said.

"We're talking things where a couple dollars can deliver really timely information in seconds from anywhere-to-anywhere in the planet," Desch said.

Desch expects CloudConnect to initially cater to large things like agricultural equipment or cargo ship in the open sea but said "it will move downwards into smaller and smaller vehicles, such as drones." Iridium is also looking at partnering with low-cost satellite companies like Myriota, Hiber and Fleet – as those will focus on a different range of IoT data.

"There are eight or 10 of these new networks that people want to develop with new satellites," Desch said. "We're more of the high end, when you've got to really get the data and it's got to be real time."

Don't forget this on Wednesday, June 13th.
http://investor.iridium.com/news-releases/news-release-details/iridium-present-william-blair-growth-stock-conference-0

This one is really on a tear,
Fletch

Hi folks.I am new here with a big interest in the future of satellite communications. Just purchased on the way up this morning. seems to have leveled out. SpaceX to launch 20 more in 2018.

Looking for a double here by eoy, at a minimum.

im here ahead of earnings 2morrow., bought a small pos

It could have been a contender......

So quiet- all I hear is crickets....I love so much about this company , at least the technical goal and the launch plan with tesla. A net of commumication and tracking all over the world. I see a potential $100 company - maybe much more. But only if they run it right. I HATE to see them scam the common shares and you can see that SOME Ones knew it - played it - and are beating it down and laughing all the way. I though Deutch was a straight-up guy and a good successful company was enough. i
I hate to see a great idea burn up from greed. cONVERT a MILLION shares when only half way through satellite deployment????? And it was a good idea, too....?? ??????

Launch from vandeberg scheduled for tonight. 10 more satellites with reused falcon 9. Will not attempt to land the falcon so dont think it is a failure. New falcons coming on line with greater reuse capability

Successful launch of reused rocket - IRDM launch is next and reuse works with the discounted cost.

Good earnings - good outlook - 52 week high this morning. IRDM is on the way to.....

they have a lot more investment to make before NEXT is fully implemented.

Why isn't the stock taking off? Pretty pathetic after a long time.

successful launch - soon to deploy 10 more satellites for Iridium NEXT

Launch of 10 more satellites scheduled for Monday morning at 5:37 PDT from Vandenberg.

what do you think potential is when all the satellites are up and running? Sat tracking of all commercial airliners? cell service anywhere, even if all local cell towers are destroyed? I wonder why IRDM didn't send sat phones to hurricane islands - tesla sent charging stations.

Buy the dips along the way to pay day 2019, demand coming

Launch of next 10 NEXT satellites was set for tomorrow, but now looks to be delayed until Monday 10/9. Don't expect a big uptick until they are all up and into operation but holding until it happens.

Read this - http://www.yippyinc.com/satellite-solutions

I think this company Yippy - YIPI may be more important than anyone can imagine to the future of satellite.

http://www.yippyinc.com/satellite-solutions

This is big league.

$IRDM..the largest tech refresh in space history.”....

https://blog.iridium.com/2017/06/25/iridium-and-spacex-a-partnership-launching-a-new-generation-of-space/

$IRDM per market 11.35 +0.60 (+5.58%) Iridium #Communications Inc.
#satellite

Thanks..$IRDM SpaceX Iridium NEXT satellite launch successful...
SpaceX lifted 10 Iridium NEXT satellites into orbit June 25 from Vandenberg Air Force Base in California with the company's Falcon 9 rocket, marking its second launch in three days.

https://www.yahoo.com/news/liftoff-spacex-nails-second-launch-210500945.html

Jan 2017
Iridium Next launch
http://www.spacex.com/news/2017/01/14/iridium-1-mission-photos

Successful spacex launch of iridium 2. Satellites deploy in 40 minutes.

$IRDM Sunday is target Launch..https://seekingalpha.com/symbol/IRDM?s=irdm

Three days to launch the NEXT 10 satellites.

$IRDM 11.45 +0.45 (+4.09%) Todays presentation replay link
Iridium Communications June 13, 2017

http://investor.iridium.com/events.cfm

$IRDM 11.24 #satellite launch target in two weeks aboard #SpacsX Falcon 9
https://www.iridium.com/network/iridiumnext #stocks

$IRDM Iridium presentation come up..http://investor.iridium.com/events.cfm
#communication #tranportation #satellite

$IRDM..JUNE 25, 2017 Target launch date Iridium NEXT...
https://www.fool.com/investing/2017/05/28/iridium-readies-for-second-round-satellite-launch.aspx?yptr=yahoo

$IRDM..TUES. JUNE 13,2017 webcast presentation 9:30 CT...
https://finance.yahoo.com/news/iridium-present-william-blair-growth-200100220.html

$IRDM..Trump lays out plan to privatize air traffic control system

https://finance.yahoo.com/news/trump-lays-plan-privatize-air-170900826.html

$IRDM Aireon LLC, a subsidiary of Iridium Communications....
#Stocks #airtrafficcontrol #Avation #Infrastructure

https://www.iridium.com/company/industryleadership/aireon

https://aireon.com/2017/04/26/federal-aviation-administration-aireon-announce-space-based-ads-b-nextgen-technology-flight-test-success/

https://aireon.com/2017/05/03/nav-canada-aireon-complete-successful-space-based-ads-b-flight-test/

Iridium Communications Inc.
https://www.iridium.com/network/iridiumnext
https://seekingalpha.com/symbol/IRDM/key-data

Aireon
In partnership with leading Air Navigation Service Providers (ANSPs) from around the world, like NAV CANADA, ENAV, the Irish Aviation Authority (IAA) and Naviair, as well as Iridium Communications, Aireon is set to revolutionize the global aviation industry. In 2018, Aireon will deploy a global satellite-based system capable of tracking and monitoring aircraft around the globe in real-time.

https://aireon.com/company/

How does Iridium NEXT plan to provide satellite tracking for aircraft? I think it will be the system that replaces radar tracking, but it won't be operating until next year.

$IRDM +0.275 (+2.74%) per market ?? Earning 4/27

Matthew Desch, $IRDM Iridium Communications CEO, speaks to CNBC's Morgan Brennan about SpaceX's recent launch of Iridium satellites into space, and the "ambitious...

http://video.cnbc.com/gallery/?video=3000584939

https://www.iridium.com/

http://finance.yahoo.com/quote/IRDM/key-statistics?p=IRDM

About Iridium

Iridium Communications Inc., incorporated on November 2 2007, is a satellite communications company that offers mobile voice and data communications services via satellite, and provides communications services offering true global coverage. The Company provides services to businesses, the United States and foreign governments, non-governmental organizations and consumers via its satellite network, which has over 70 in-orbit satellites with in orbit spares and related ground infrastructure. Its satellite network provides communications services to regions of the world, including remote land areas, open ocean, airways, the polar regions and regions where the telecommunications infrastructure has been affected by political conflicts or natural disasters. The Company utilizes mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. The Company sells its products and services to customers through a wholesale distribution network of approximately 75 service providers, approximately 200 value-added resellers (VARs) and over 45 value-added manufacturers (VAMs).

The Company's commercial end user base includes markets, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction and transportation. Ship crews and passengers use its services for ship-to-shore calling, as well as to send and receive e-mail and data files and to receive electronic media weather reports emergency bulletins and electronic charts. Shipping operators use its services to manage operations on board ships and to transmit data, such as course speed and fuel stock. Aviation end users use its services for air-to-ground telephony and data communications for position reporting, emergency tracking, weather information, electronic flight bag updates and fleet information. Commercial enterprises use its services to track assets in remote areas and provide telematics information, such as location and engine diagnostics.

The Company's voice and data products are used for various primary and backup communications solutions, including logistical, administrative, morale and welfare, tactical and emergency communications. In addition, the Company's products are installed in ground vehicles, ships, rotary and fixed-wing aircraft, and are used for command-and-control and situational awareness purposes. Its satellite network provides increased network security to the United Sates Department of Defense (DoD). The Company's lines of business include land mobile, machine to machine (M2M), maritime, aviation and government. Its commercial services include postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; M2M services; Iridium push-to-talk (PTT) service, and other services. Its M2M services are used for fleet management, fixed-asset monitoring, asset tracking, resource management, scientific data monitoring, and personal tracking devices and location-based services.

The Company's voice and data solutions include personnel tracking devices; asset tracking devices for equipment, vehicles and aircraft; beyond-line-of-sight aircraft communications applications; submarine communications applications; specialized communications solutions for high-value individuals, and specialized, secure, mobile communications and data devices for the military and intelligence community, such as secure satellite handsets. It offers a range of voice and data products, such as satellite handsets, which include Iridium 9555, Iridium Extreme and Iridium Extreme PTT; Iridium GO!, which is a personal connectivity device that connects to the Iridium network to create a wireless fidelity (Wi-Fi) hotspot, enabling the use of smartphones and tablets to make voice calls, send text messages and e-mails, post to social networking sites and use the mobile Web; voice and data modems, which include Iridium Core 9523 L-Band transceiver and 9522B L-Band transceiver; broadband data devices, and M2M data devices. In addition, the Company offers a selection of accessories for its devices, including batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors and charging units.

Postpaid Mobile Voice and Data Satellite Communications Services

The Company sells its mobile voice and data services to service providers and VARs offering such services to end users, either directly or indirectly through dealers, using various packaged solutions, such as monthly plans with differing price levels that vary depending upon expected usage. In exchange for these services, it typically charge service providers and VARs a monthly access fee per subscriber, as well as usage fees for airtime minutes used by their respective subscribers.

Prepaid Mobile Voice Satellite Communications Services

The Company offers mobile voice services to service providers and VARs through prepaid plans. Service providers and VARs pay it in advance for defined blocks of airtime minutes with expiration periods in various configurations, ranging from 30 days to two years. These services are then generally sold to subscribers in the form of prepaid scratch cards and e-vouchers that enable subscribers to use its services on a per-minute basis. Its distributors often offer prepaid voice services through fixed devices to subscribers in rural villages, at remote industrial, commercial and residential sites and on ships at sea, among other places.

Iridium PTT Service

The Company's Iridium PTT enables regional PTT calls or global PTT calls among users on the same talkgroup in over 10 locations across the world. Iridium PTT can be used via the Iridium Extreme PTT satellite phone or the Iridium 9523 PTT core transceiver, which gives its VAMs the ability to build Iridium PTT into existing land mobile, maritime and aviation communications equipment. The Company and its partners are also developing solutions for existing terrestrial land mobile radio systems.

Broadband Data Services

The Company's broadband data service, Iridium OpenPort, offers maritime, aviation and terrestrial users' speeds of approximately 135 kilobit per second (kbps) and over three independent voice lines. In conjunction with its distributors, it offers additional services that permit service providers and VARs to offer complete integrated solutions for prepaid calling, e-mail and Internet protocol (IP)-based data communications.

Machine-to-Machine Services

The Company's M2M services are designed to address the market need for sending and receiving data, such as location, from fixed and mobile assets in remote locations to a central monitoring station. The Company's sells M2M services to its distributors, who incorporate them and in turn provide a solution package to commercial and government customers.

Other Services

The Company offers several ancillary services related to its core service offerings, such as inbound connections from the public switched telephone network (PSTN), short message services (SMS), subscriber identity module (SIM), activation, customer reactivation and other peripheral services. The Company also provides research and development services to assist customers in developing new technologies compatible with its system.

http://www.reuters.com/finance/stocks/companyProfile?symbol=IRDM.O

Great, good info

found a link to watch the live stream! April second launch! this is great news! lets hope for another successful launch!!

I will post it soon as I can for you

im stationed in italy, no american news channels here. i'll try online but thank you

$IRDM CEO coming up on CNBC

Iridium Certus

launch delayed from bad weather. still green for the day! hopefully this is the beginning of something HUGE

IRDM weekly 7.86% breakout chart