Iridium Accelerates Direct-to-Device Service with Acceptance into 3GPP Standards; Announces Iridium NTN Direct℠
Iridium Communications Inc. (NASDAQ: IRDM) has announced significant progress in its direct-to-device (D2D) service development. The 3GPP has accepted Iridium's request to extend NB-IoT functionality for Non-Terrestrial Networks into the Work Plan for 3GPP Release 19. This paves the way for Iridium's satellite service to be accessible via industry standard chipsets.
The company is introducing Iridium NTN Direct℠, expected to be the world's first truly global 5G NB-IoT service. Technical development is underway, with a successful lab demonstration already completed. Iridium has joined GSMA and plans additional trials for early next year.
Iridium NTN Direct will offer opportunities for smartphone companies, OEMs, chipmakers, MNOs, and IoT developers to leverage Iridium's existing network and spectrum. The service aims to provide a global, low-latency LEO user experience.
Iridium Communications Inc. (NASDAQ: IRDM) ha annunciato significativi progressi nello sviluppo del proprio servizio diretto ai dispositivi (D2D). Il 3GPP ha accettato la richiesta di Iridium di estendere la funzionalità NB-IoT per Reti Non Terrestri nel Piano di Lavoro per il 3GPP Release 19. Questo apre la strada affinché il servizio satellitare di Iridium sia accessibile tramite chipset standard del settore.
L'azienda sta introducendo Iridium NTN Direct℠, che si prevede sarà il primo servizio 5G NB-IoT veramente globale al mondo. Lo sviluppo tecnico è in corso, con una dimostrazione di laboratorio già completata con successo. Iridium è entrata a far parte della GSMA e ha in programma ulteriori prove per all'inizio del prossimo anno.
Iridium NTN Direct offrirà opportunità per aziende di smartphone, OEM, produttori di chip, MNO e sviluppatori IoT di sfruttare la rete e lo spettro esistenti di Iridium. Il servizio mira a fornire un esperienza utente globale a bassa latenza LEO.
Iridium Communications Inc. (NASDAQ: IRDM) ha anunciado avances significativos en el desarrollo de su servicio directo a dispositivo (D2D). El 3GPP ha aceptado la solicitud de Iridium para extender la funcionalidad NB-IoT para Redes No Terrestres en el Plan de Trabajo para el 3GPP Release 19. Esto allana el camino para que el servicio de satélite de Iridium sea accesible a través de chipsets estándar del sector.
La compañía está presentando Iridium NTN Direct℠, que se espera que sea el primer servicio 5G NB-IoT verdaderamente global del mundo. El desarrollo técnico está en marcha, con una demostración de laboratorio ya completada con éxito. Iridium se ha unido a GSMA y planea más pruebas para inicios del próximo año.
Iridium NTN Direct ofrecerá oportunidades para empresas de smartphones, OEMs, fabricantes de chips, MNOs y desarrolladores de IoT para aprovechar la red y el espectro existentes de Iridium. El servicio tiene como objetivo proporcionar una experiencia de usuario global de baja latencia LEO.
Iridium Communications Inc. (NASDAQ: IRDM)는 직접 장치(D2D) 서비스 개발에서 중요한 발전을 발표했습니다. 3GPP는 비지상 네트워크를 위한 NB-IoT 기능을 3GPP Release 19 작업 계획에 포함하겠다는 Iridium의 요청을 승인했습니다. 이는 Iridium의 위성 서비스가 산업 표준 칩셋을 통해 접근 가능하게 된다는 것을 의미합니다.
회사는 Iridium NTN Direct℠를 도입하며, 이는 세계 최초의 진정한 글로벌 5G NB-IoT 서비스가 될 것으로 기대됩니다. 기술 개발이 진행 중이며, 이미 성공적인 실험실 시연이 완료되었습니다. Iridium은 GSMA에 가입했으며 내년 초에 추가 시험을 계획하고 있습니다.
Iridium NTN Direct는 스마트폰 회사, OEM, 칩 제조업체, MNO 및 IoT 개발자가 Iridium의 기존 네트워크와 스펙트럼을 활용할 수 있는 기회를 제공할 것입니다. 이 서비스는 글로벌 저지연 LEO 사용자 경험을 제공하는 것을 목표로 합니다.
Iridium Communications Inc. (NASDAQ: IRDM) a annoncé des progrès significatifs dans le développement de son service direct vers appareil (D2D). Le 3GPP a accepté la demande d'Iridium d'étendre la fonctionnalité NB-IoT pour les Réseaux Non Terrestres dans le Plan de Travail pour la Release 19 du 3GPP. Cela ouvre la voie pour que le service satellite d'Iridium soit accessible via des chipsets standards de l'industrie.
L'entreprise introduit Iridium NTN Direct℠, qui devrait être le premier véritable service mondial 5G NB-IoT. Le développement technique est en cours, avec une démonstration en laboratoire déjà réalisée avec succès. Iridium a rejoint la GSMA et prévois des essais supplémentaires pour le début de l'année prochaine.
Iridium NTN Direct offrira des opportunités aux entreprises de smartphones, OEM, fabricants de puces, MNO et développeurs IoT pour tirer parti du réseau et du spectre existants d'Iridium. Le service vise à fournir une expérience utilisateur mondiale à faible latence LEO.
Iridium Communications Inc. (NASDAQ: IRDM) hat bedeutende Fortschritte in der Entwicklung seines Direct-to-Device (D2D) Dienstes angekündigt. Die 3GPP hat Iridiums Antrag angenommen, die NB-IoT Funktionalität für Nicht-Terrestrische Netzwerke in den Arbeitsplan für 3GPP Release 19 aufzunehmen. Dies ebnet den Weg, dass Iridiums Satellitendienst über branchenspezifische Chipsets zugänglich ist.
Das Unternehmen führt Iridium NTN Direct℠ ein, das voraussichtlich der weltweit erste wirklich globale 5G NB-IoT Dienst sein wird. Die technische Entwicklung ist im Gange, und eine erfolgreiche Labordemonstration wurde bereits abgeschlossen. Iridium ist der GSMA beigetreten und plant weitere Tests für Anfang nächsten Jahres.
Iridium NTN Direct wird Smartphone-Unternehmen, OEMs, Chip-Herstellern, MNOs und IoT-Entwicklern die Möglichkeit bieten, Iridiums bestehendes Netzwerk und Spektrum zu nutzen. Der Dienst zielt darauf ab, ein globales, latenzarmes LEO-Nutzererlebnis zu bieten.
- Acceptance into 3GPP Release 19 Work Plan, potentially expanding market reach
- Development of Iridium NTN Direct, the world's first global 5G NB-IoT service
- Successful lab demonstration of the technology
- Joining GSMA, indicating industry collaboration
- Leveraging existing network and globally allocated spectrum for new service offering
- 3GPP Release 19 completion not expected until Q4 2025, indicating a long wait for full implementation
- Potential competition in the D2D market, as implied by the CEO's statement about not needing to be first
Insights
Iridium's acceptance into the 3GPP Release 19 Work Plan marks a significant milestone in the satellite communications industry. This development will enable Iridium to integrate its satellite service with standard cellular chipsets, potentially revolutionizing global connectivity. The company's Iridium NTN Direct service, aimed to be the world's first truly global 5G NB-IoT service, could dramatically expand the reach of IoT devices.
The implications for investors are substantial:
- Increased market potential as Iridium's services become accessible to a broader range of devices
- Potential for new partnerships with smartphone companies, OEMs and mobile network operators
- Enhanced competitive position in the growing satellite-to-device market
However, investors should note that full implementation is still some time away, with 3GPP Release 19 scheduled for completion in Q4 2025. The success of this initiative will depend on Iridium's ability to execute its technical development and market adoption strategies effectively.
Iridium's move into the direct-to-device (D2D) market is strategically significant. The global D2D market is projected to grow rapidly and Iridium's established LEO constellation gives it a competitive edge. Key points for investors:
- First-mover advantage in global 5G NB-IoT satellite services
- Potential for increased revenue streams from new customer segments
- Leveraging existing infrastructure minimizes additional capital expenditure
The company's emphasis on being "the best" rather than first to market suggests a focus on quality and reliability, which aligns with Iridium's reputation. This approach could lead to stronger, more sustainable market adoption once the service launches. However, investors should monitor the competitive landscape, as other satellite operators and tech giants are also entering this space, potentially impacting Iridium's market share and pricing power in the long term.
In January 2024, Iridium announced Project Stardust to enable NB-IoT NTN standards-based communication through its operational LEO constellation – and has since made considerable progress at a rapid pace. Iridium NTN Direct technical development is well underway, with a successful demonstration having taken place earlier this year in a lab environment. Iridium has also joined GSMA, and is continuing to advance development with additional trials and demonstrations scheduled for early next year.
"We're already well into our technology development, and we're excited about our progress and to see so much enthusiasm from the 3GPP community," said Greg Pelton, CTO, Iridium. "As a cloud-based service powered by the flexibility of our software-defined satellites and building upon recognized industry standards, we've been able to jump off to a super-fast start. Our team is really motivated to make this happen."
Iridium NTN Direct will offer the opportunity for smartphone companies, OEMs, chipmakers, mobile network operators (MNO) and related IoT developers who utilize 3GPP standards-based technology to leverage Iridium's existing network and globally allocated and coordinated spectrum, providing a global, low-latency LEO user experience.
"When it comes to providing D2D, we don't have to be first, but we have to be the best. Iridium NTN Direct is an important initiative for us, and we've been able to pivot on an unprecedented scale and make significant progress toward providing the best service," said Matt Desch, CEO, Iridium. "We're grateful for the wide industry support of our vision to expand access to Iridium's global lifeline service by enabling it for anyone with a cellular device."
The Iridium satellite constellation's crosslinked, LEO architecture and global L-band spectrum provide a service advantage versus other LEO and geostationary satellite networks. Certified to provide safety of life services by international regulatory bodies, the Iridium network is known for its reliability and continues to be the only network that provides connectivity everywhere on Earth. Operating in LEO, the Iridium constellation does not suffer from the same line-of-sight limitations, significant power requirements or outages that can affect entire regions from a single satellite as faced by geostationary systems.
For more information about Iridium, visit: www.iridium.com
For more information about Iridium NTN Direct, visit: www.iridium.com/ntn-direct
About Iridium Communications Inc.
Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.
Forward-Looking Statements Disclosure
Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company has based these statements on its current expectations and the information currently available to us. Forward-looking statements in this press release include statements regarding 3GPP Release 19 and the capabilities, benefits and timing of the proposed Iridium NTN Direct service. Forward-looking statements can be identified by the words "anticipates," "may," "can," "believes," "expects," "projects," "intends," "likely," "will," "to be" and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, whether the final 3GPP Release 19 includes NB-IoT NTN specifications compatible with the Iridium network, the timing of 3GPP Release 19, the successful technical development of Iridium NTN Direct, the adoption of Iridium NTN Direct by the market and uncertainties regarding the company's ability to maintain the health, capacity and content of its satellite constellation, as well as general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission (the "SEC") on February 15, 2024, and the Company's Form 10-Q for the quarter ended June 30, 2024, filed with the SEC on July 23, 2024, as well as other filings Iridium makes with the SEC from time to time. There is no assurance that Iridium's expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium's underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium's forward-looking statements speak only as of the date of this press release, and Iridium undertakes no obligation to update forward-looking statements.
Press Contact: | Investor Contact: |
Jordan Hassin | Kenneth Levy |
Iridium Communications Inc. | Iridium Communications Inc. |
X: @Iridiumcomm | +1 (703) 287-7570 |
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SOURCE Iridium Communications Inc.
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