All Releases
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Iridium Announces First-Quarter 2013 Results; Company Affirms 2013 Outlook
May 2, 2013
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MCLEAN, Va., May 2, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the first quarter of 2013 and affirmed its outlook for the full-year 2013. Net income was $14.9 million, or $0.17 per diluted share, for the first quarter of 2013, as compared to $12.4 million, or $0.16 per diluted...
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Iridium Joint Venture, Aireon, Signs Long-Term Data Services Contract With NAV CANADA
Apr 29, 2013
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MCLEAN, Va., April 29, 2013 (GLOBE NEWSWIRE) -- Aireon LLC, the developer of the world's first satellite-based global air traffic surveillance system, announced today that it has finalized a long-term commercial data services contract with NAV CANADA, further demonstrating Aireon's continued progress towards transforming air traffic communications ...
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Iridium Extends Strategic Relationship With Harris Corporation With a Complementary Hosted Payload Deal for Iridium NEXT
Apr 24, 2013
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MCLEAN, Va., April 24, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announced today it has signed an agreement with Harris Corporation (NYSE:HRS) to enable the use of expanded hosted payload space on the Iridium NEXT platform, Iridium's second-generation satellite constellation that is scheduled for launch beginning in early 2...
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Iridium Announces Release Date for First-Quarter 2013 Financial Results
Apr 11, 2013
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MCLEAN, Va., April 11, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") will host a conference call on Thursday, May 2, 2013 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2013 financial results. In advance of the call on May 2, 2013, Iridium will issue its first-quarter 2013 earnings press relea...
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Iridium Announces Fourth-Quarter and Full-Year 2012 Results; Company Issues 2013 Outlook and Updates Long-Range Guidance
Feb 28, 2013
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MCLEAN, Va., Feb. 28, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the fourth quarter of 2012 and issued its outlook for the full-year 2013. Net income was $16.7 million, or $0.19 per diluted share, for the fourth quarter of 2012, as compared to $8.4 million, or $0.11 per dilute...
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Iridium to Present at Two Upcoming Investor Conferences
Feb 27, 2013
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MCLEAN, Va., Feb. 27, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that Chief Executive Officer Matthew J. Desch is scheduled to speak at the 2013 Raymond James Institutional Investors Conference in Orlando, Fla., on Wednesday, March 6, 2013 at 8:40 a.m. ET. The presentation will be simultaneously a...
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Exercise Period for Iridium's $7 Warrants to End on February 14, 2013
Feb 12, 2013
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MCLEAN, Va., Feb. 12, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that, as provided in the Amended and Restated Warrant Agreement governing its outstanding $7.00 warrants, which trade on the NASDAQ Global Select Market under the symbol IRDMW (the "Warrants"), the exercise period for the remaining W...
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Iridium Announces Release Date for Fourth-Quarter 2012 Financial Results
Feb 7, 2013
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MCLEAN, Va., Feb. 7, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") will host a conference call on Thursday, February 28, 2013 at 8:30 a.m. Eastern Time (ET) to discuss the Company's fourth-quarter 2012 financial results. In advance of the call on February 28, 2013, Iridium will issue its fourth-quarter 2012 earnings...
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Iridium Completes Exchange Offer for $7.00 Warrants
Dec 3, 2012
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MCLEAN, Va., Dec. 3, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that it has completed its offer to exchange its remaining outstanding $7.00 warrants for Iridium common stock.
As previously announced, Iridium offered holders of its warrants one share of common stock for every six warrants tende...
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Iridium to Present at UBS 40th Annual Global Media & Communications Conference
Nov 28, 2012
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MCLEAN, Va., Nov. 28, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that chief executive officer Matthew J. Desch is scheduled to speak at the UBS 40th Annual Global Media & Communications Conference in New York City on Wednesday, December 5, 2012 at 9:00 am ET. The presentation will be simultaneousl...
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Iridium Completes Formal Agreement for Global Air Traffic Joint Venture With NAV CANADA
Nov 19, 2012
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MCLEAN, Va., Nov. 19, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announced today that it has finalized an agreement with NAV CANADA regarding Aireon LLC, a joint venture that will allow air traffic management agencies around the globe to continuously track aircraft anywhere in the world.
Aireon will uniquely leverage Iri...
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Iridium Extends Exchange Offer for $7.00 Warrants
Nov 6, 2012
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MCLEAN, Va., Nov. 6, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that it has amended its offer to exchange its remaining outstanding $7.00 warrants for Iridium common stock. In light of the fact that Iridium expects to file adjusted financial statements in the near future, Iridium has extended the ...
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Iridium Announces Third-Quarter 2012 Results
Nov 1, 2012
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MCLEAN, Va., Nov. 1, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the third quarter of 2012. Net income was $17.8 million, or $0.23 per diluted share, for the third quarter of 2012, as compared to $12.0 million, or $0.16 per diluted share, for the third quarter of 2011. Net inco...
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Iridium Awarded Contract From Defense Information Systems Agency Worth Up to $47 Million
Oct 31, 2012
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MCLEAN, Va., Oct. 31, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) contract from the Defense Information Systems Agency (DISA) to upgrade the Defense Department's dedicated Iridium® gateway. The IDIQ contract has a one-year base period and four on...
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Iridium Extends Exchange Offer for $7.00 Warrants
Oct 29, 2012
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MCLEAN, Va., Oct. 29, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that it has amended its offer to exchange the remaining outstanding $7.00 warrants for Iridium common stock. In light of the current severe weather conditions affecting much of the Eastern seaboard, which are forecast to continue thr...
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Iridium Announces Release Date for Third-Quarter 2012 Financial Results
Oct 11, 2012
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MCLEAN, Va., Oct. 11, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") will host a conference call on Thursday, November 1, 2012 at 8:30 a.m. Eastern Time (ET) to discuss the Company's third-quarter 2012 financial results. In advance of the call on November 1, 2012, Iridium will issue its third-quarter 2012 earnings pr...
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Iridium Announces Planned Exchange Offer for $7.00 Warrants
Sep 28, 2012
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MCLEAN, Va., Sept. 28, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced its intention to conduct an offer to exchange its outstanding $7.00 warrants for Iridium common stock. The Company plans to offer holders of its $7.00 warrants one share of common stock for every six warrants tendered (equivalent to...
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Iridium Prices $100 Million Private Offering of 7% Series A Cumulative Perpetual Convertible Preferred Stock
Sep 28, 2012
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MCLEAN, Va., Sept. 28, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that it has priced a private offering of 1,000,000 shares of 7% Series A Cumulative Perpetual Convertible Preferred Stock, with a liquidation preference of $100 per share (the "Preferred Stock").
The Preferred Stock will be sold...
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2012 Iridium Next Mission Team Scholarship Winners Announced
Aug 28, 2012
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MCLEAN, Va., Aug. 28, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announces the winners of its Iridium NEXT Mission Team Scholarship program, one of the largest and most significant scholarships in the aerospace industry. Three undergraduate students have been awarded a total of $40,000 by Iridium and the Iridium NEXT Mission...
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Iridium Announces Second-Quarter 2012 Results; Company Achieves 21% Subscriber Growth and Updates 2012 and Long-Range Outlook
Aug 2, 2012
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MCLEAN, Va., Aug. 2, 2012 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2012 and updated its full-year 2012 and long-range outlook. Net income was $17.7 million, or $0.23 per diluted share, for the second quarter of 2012, as compared to $11.7 million, or $0.16 pe...
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