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Iridium Communications Inc (NASDAQ:IRDM)

10.15
Delayed Data
As of 1:24pm ET
 -0.05 / -0.49%
Today’s Change
6.80
Today|||52-Week Range
11.54
+5.73%
Year-to-Date
SECTOR
Communications
INDUSTRY
Wireless Telecommunications
MARKET CAP
$993.3M

Company Description

Iridium Communications, Inc. is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. The company's current principal lines of business include Land Mobile, Machine-to-Machine, Maritime, Aviation, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Machine-to-Machine business provides satellite-based M2M services to mining, construction, oil and gas, utilities, heavy industry, maritime, forestry and transport companies, as well as the military, public safety and disaster relief agencies. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Government business line involves in the provision of mobile satellite communications services to the U.S. government, principally the Department of Defense. Its voice products are used for a variety of primary and backup communications solutions, including tactical operations, logistical, administrative, morale and welfare, and emergency communications. The company's commercial services includes: Postpaid Mobile Voice and Data Satellite Communications; Prepaid Mobile Voice Satellite Communications; Iridium PTT; Broadband Data; and Machine-to-Machine services. Iridium Communications was founded on November 2, 2007 and is headquartered in McLean, VA.

Contact Information

Iridium Communications, Inc.
1750 Tysons Boulevard
McLean Virginia 22102
P:(703) 287-7400
Investor Relations:
(703) 287-7570

Employees

Shareholders

Mutual fund holders73.34%
Other institutional28.32%
Individual stakeholders26.91%

Top Executives

Matthew J. DeschChief Executive Officer & Director
S. Scott SmithChief Operating Officer & Director
Thomas J. FitzpatrickDirector, Chief Financial & Administrative Officer
Scott T. ScheimreifExecutive Vice President-Government Programs
Bryan J. HartinExecutive Vice President-Sales & Marketing