All Releases
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Iridium Announces 2011 and Long-Range Financial Outlook
Dec 16, 2010
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MCLEAN, Va., Dec. 16, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced its 2011 and long-range financial outlook at its 2010 Analyst Day in New York. The Company expects:
2011 OutlookTotal Billable Subscriber Growth
Approximately 20%Total Service Revenue Growth
Between 10% and 13%E...
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Iridium Announces 2010 Analyst Day
Dec 2, 2010
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MCLEAN, Va., Dec. 2, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today announced that it will host an Analyst Day on Thursday, December 16, 2010. The event will take place at the Waldorf=Astoria Hotel in New York City. Management presentations are scheduled to begin at 8:45 am ET and conclude at approximately 12:0...
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U.S. Department of Defense Awards Iridium Contracts to Upgrade Satellite Communications Gateway in Hawaii
Nov 11, 2010
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MCLEAN, Va., Nov. 11, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announces that it has won three Defense Information Systems Agency (DISA) contracts to upgrade the U.S. Department of Defense (DoD) Enhanced Mobile Satellite Service (EMSS) Gateway in Hawaii. This effort, which is part of the DoD's EMSS Gateway Modernization Ef...
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Iridium Announces Third-Quarter Results and Delivers Record Service Revenue and Operational EBITDA; Company Increases 2010 Outlook
Nov 9, 2010
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MCLEAN, Va., Nov. 9, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported strong financial results for the third quarter of 2010 and updated its outlook for the full-year 2010. Iridium's third-quarter 2010 financial results reflect Iridium Communications Inc. ("the Company") as compared to Iridium Holdings L...
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Iridium Announces Release Date for Third-Quarter 2010 Financial Results
Oct 29, 2010
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MCLEAN, Va., Oct. 29, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") will host a conference call on Tuesday, November 9, 2010 at 8:30 am Eastern Time (ET) to discuss the Company's third-quarter 2010 financial results. Iridium will issue its third-quarter 2010 earnings press release in advance of the call on November...
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Iridium Concludes Financing for Iridium NEXT
Oct 28, 2010
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MCLEAN, Va., Oct. 28, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) today announced that it has successfully closed the financing facility for its next generation satellite constellation, Iridium NEXT. The facility is provided by a syndicate of nine banks led by Deutsche Bank AG, Banco Santander SA, Societe Generale, Natixis a...
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Ericsson Provides New Switching Technology for Iridium Satellite Network
Oct 19, 2010
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MCLEAN, Va., Oct. 19, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announces it has contracted with Ericsson Federal Inc. (EFI) to implement a new Ericsson Mobile Softswitch Solution (MSS) to provide Iridium's next-generation switching technology, including custom design, development, integration and maintenance for the Iridi...
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Iridium Signs Coface Facility Agreement
Oct 4, 2010
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MCLEAN, Va., Oct. 4, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) today announced that it has signed the definitive Coface Facility Agreement to finance its next-generation satellite constellation, Iridium NEXT. The syndicate of nine banks is led by Deutsche Bank AG, Banco Santander SA, Societe Generale, Natixis and Mediobanc...
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Iridium Announces Settlement With Motorola
Oct 1, 2010
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MCLEAN, Va., Oct. 1, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) today announced that it has signed a confidential settlement agreement with Motorola, Inc. (NYSE:MOT) that resolves all disputed matters in the lawsuit filed by Motorola in February 2010 in the Circuit Court of Cook County, Ill. against two Iridium subsidiaries...
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JBS Friboi Improves Long-Haul Truck Automation and Control Through Iridium-Based Telematics Solution Provided by Zatix
Sep 22, 2010
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MCLEAN, Va. and SAO PAULO, Brazil, Sept. 22, 2010 (GLOBE NEWSWIRE) -- Zatix and Iridium Communications Inc. (Nasdaq:IRDM) announce that JBS Friboi, the world's largest animal product processing company, has equipped 1,500 long-haul trucks with VOLKSNET, an Iridium-based, Zatix-powered telematics solution.
"VOLKSNET is an advanced tracking and fl...
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NRG Telecom and Enalta Deliver Iridium-Based Monitoring and Tracking Technology That Improves Brazilian Agricultural Efficiency
Sep 22, 2010
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MCLEAN, Va. and CURITIBA, Brazil, Sept. 22, 2010 (GLOBE NEWSWIRE) -- NRG Telecom and Iridium (Nasdaq:IRDM) announce that Enalta, a provider of technology solutions focused on the agricultural sector, has equipped asset tracking devices with the Iridium-based Quake Global 9612 modem. Multiple agricultural customers, including Abengoa Bioenergia, De...
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Iridium Comment on the FCC's Decision on the Globalstar and Open Range Petition
Sep 15, 2010
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MCLEAN, Va. - September 15, 2010 - Iridium Communications Inc. (Nasdaq:IRDM) releases the following statement in response to the FCC's decision about Globalstar and Open Range Petition:
"The importance of mobile satellite spectrum is demonstrated time and time again and cannot be overstated. This spectrum is used for the provision of sat...
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Iridium Joins With Danish Maritime Safety Administration in the EfficienSea e-Navigation Project to Demonstrate Maritime Safety Information Broadcasts
Sep 8, 2010
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MCLEAN, Va., Sept. 8, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) is collaborating with the Danish Maritime Safety Administration (DaMSA) in EfficienSea, a pilot e-Navigation project for Maritime Safety Information (MSI) broadcasts to ships in waters outside the coverage of terrestrial communication systems.
Under the prog...
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Norbulk Installs Iridium OpenPort(R) Across Fleet of Managed Ships in Move to Control Communication Costs
Sep 7, 2010
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MCLEAN, Va., Sept. 7, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announces that Norbulk Shipping is installing Iridium OpenPort® high-speed satellite communication systems across its fleet of more than 70 ships in a move to reduce its monthly ship-shore communication costs.
Iridium service provider AND Group is supplying ...
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The National Science Foundation, Johns Hopkins Applied Physics Lab, Boeing and Iridium Successfully Demonstrate Space Weather Observation (Multimedia Release)
Aug 18, 2010
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LAUREL, Md. August 18, 2010 - The Johns Hopkins University Applied Physics Laboratory (APL), with help from The Boeing Company [NYSE: BA] and Iridium Communications Inc. [Nasdaq: IRDM], has successfully implemented a new space-based system to monitor Earth's space environment. Known as the Active Magnetosphere and Planetary Electrodynamics Respo...
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Iridium Reports Strong Growth in the Second Quarter and Raises All Elements of Guidance for 2010
Aug 9, 2010
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MCLEAN, Va., Aug. 9, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) today reported financial results for the quarter ended June 30, 2010. The following reflects the results of Iridium Communications Inc. (the Company) for the second quarter of 2010 compared to those of Iridium Holdings LLC (predecessor) for the second quarter o...
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Iridium Receives Commitments for $1.8 Billion Credit Facility for Construction of Iridium NEXT
Aug 4, 2010
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MCLEAN, Va., Aug. 4, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announced today that it has received in excess of $1.8 billion of commitments from a syndicate of preeminent international banks in connection with the credit facility that will be used to finance the construction of the company's next-generation satellite cons...
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Iridium Announces Release Date for Q2 2010 Results
Jul 28, 2010
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MCLEAN, Va., July 28, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) will host a conference call on Monday, August 9, 2010 at 4:30 pm Eastern Time (ET) to discuss the Company's second quarter 2010 results. The Company will issue a second quarter 2010 earnings press release in advance of the call on August 9, 2010. To participat...
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Iridium Extends Long-Term Relationship With Boeing for Satellite Network Operations and Support
Jul 21, 2010
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MCLEAN, Va., July 21, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announced that it has entered into two comprehensive, long-term agreements with The Boeing Company (NYSE:BA) that redefine the relationship between the companies for maintenance, operations and support of Iridium's satellite network.
The first agreement, rel...
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Iridium Expands Reach With South African License
Jun 22, 2010
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MCLEAN, Va. and JOHANNESBURG, South Africa, June 22, 2010 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) announces the establishment of "Iridium South Africa," under which Iridium has licenses to operate, provide and sell mobile satellite services (MSS) in the country. The authorization was provided by the Independent Communications...
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