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Iridium to Collaborate with Nordic Semiconductor on Iridium NTN Direct integration

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Iridium Communications Inc. (NASDAQ: IRDM) has announced a collaboration with Nordic Semiconductor to integrate its Iridium NTN Direct℠ service into Nordic's LTE-M/NB-IoT modules and chipsets. This integration is part of Iridium's Project Stardust initiative, aiming to create the world's first truly global NB-IoT service. The collaboration aligns with the 3GPP's decision to accept Iridium enabling enhancements in its next release, potentially allowing any device with a 3GPP release 19 compliant chipset to access Iridium's satellite service.

Nordic Semiconductor, a global leader in low power wireless connectivity solutions, plans to incorporate Iridium NTN Direct's global communication capability into its 3GPP release 19 NTN roadmap. This integration is expected to create a wide range of consumer and industrial devices capable of staying connected from anywhere on Earth. The 3GPP Release 19 is anticipated to be formally completed by the end of 2025.

Iridium Communications Inc. (NASDAQ: IRDM) ha annunciato una collaborazione con Nordic Semiconductor per integrare il suo servizio Iridium NTN Direct℠ nei moduli e chipset LTE-M/NB-IoT di Nordic. Questa integrazione fa parte dell'iniziativa Project Stardust di Iridium, che mira a creare il primo servizio NB-IoT veramente globale al mondo. La collaborazione si allinea con la decisione del 3GPP di accettare miglioramenti di Iridium nella sua prossima release, consentendo potenzialmente ad ogni dispositivo con un chipset conforme al rilascio 19 del 3GPP di accedere al servizio satellitare di Iridium.

Nordic Semiconductor, leader globale nelle soluzioni di connettività wireless a basso consumo, prevede di incorporare la capacità di comunicazione globale di Iridium NTN Direct nella sua roadmap NTN del rilascio 19 del 3GPP. Si prevede che questa integrazione crei una vasta gamma di dispositivi consumer e industriali in grado di rimanere connessi da qualsiasi parte della Terra. Il rilascio 19 del 3GPP dovrebbe essere completato formalmente entro la fine del 2025.

Iridium Communications Inc. (NASDAQ: IRDM) ha anunciado una colaboración con Nordic Semiconductor para integrar su servicio Iridium NTN Direct℠ en los módulos y chipsets LTE-M/NB-IoT de Nordic. Esta integración es parte de la iniciativa Project Stardust de Iridium, que tiene como objetivo crear el primer servicio NB-IoT verdaderamente global del mundo. La colaboración se alinea con la decisión de 3GPP de aceptar mejoras de Iridium en su próximo lanzamiento, lo que potencialmente permitirá que acceda al servicio satelital de Iridium.

Nordic Semiconductor, líder mundial en soluciones de conectividad inalámbrica de bajo consumo, planea incorporar la capacidad de comunicación global de Iridium NTN Direct en su hoja de ruta NTN del lanzamiento 19 de 3GPP. Se espera que esta integración cree una amplia gama de dispositivos para consumidores e industriales capaces de mantenerse conectados desde cualquier lugar de la Tierra. Se anticipa que el lanzamiento 19 de 3GPP se complete formalmente a finales de 2025.

이리디움 커뮤니케이션즈 Inc.(NASDAQ: IRDM)가 노르딕 반도체와 협력하여 노르딕의 LTE-M/NB-IoT 모듈 및 칩셋에 이리디움 NTN Direct℠ 서비스를 통합한다고 발표했습니다. 이 통합은 이리디움의 프로젝트 스타더스트 이니셔티브의 일환으로, 세계 최초의 진정한 글로벌 NB-IoT 서비스를 창출하는 것을 목표로 하고 있습니다. 이 협력은 다음 릴리스를 개선할 수 있도록 이리디움을 수용하기로 한 3GPP의 결정과 일치하며, 3GPP 릴리스 19 호환 칩셋을 가진 모든 장치가 이리디움의 위성 서비스에 접근할 수 있도록 할 수 있습니다.

저전력 무선 연결 솔루션의 글로벌 리더인 노르딕 반도체는 이리디움 NTN Direct의 글로벌 통신 기능을 3GPP 릴리스 19 NTN 로드맵에 통합할 계획입니다. 이 통합은 지구 어느 곳에서나 연결 상태를 유지할 수 있는 소비자 및 산업 장치의 광범위한 범위를 생성할 것으로 예상됩니다. 3GPP 릴리스 19는 2025년 말까지 공식적으로 완료될 것으로 예상됩니다.

Iridium Communications Inc. (NASDAQ: IRDM) a annoncé une collaboration avec Nordic Semiconductor pour intégrer son service Iridium NTN Direct℠ dans les modules et chipsets LTE-M/NB-IoT de Nordic. Cette intégration fait partie de l’initiative Project Stardust d’Iridium, visant à créer le premier service NB-IoT véritablement mondial. La collaboration est en accord avec la décision du 3GPP d’accepter les améliorations d’Iridium dans sa prochaine version, permettant potentiellement à tout appareil avec un chipset compatible 3GPP release 19 d’accéder au service satellite d’Iridium.

Nordic Semiconductor, leader mondial des solutions de connectivité sans fil à faible consommation, prévoit d’incorporer la capacité de communication mondiale d’Iridium NTN Direct dans sa feuille de route NTN pour la release 19 du 3GPP. Cette intégration devrait créer une large gamme d’appareils consommateurs et industriels capables de rester connectés depuis n’importe où sur Terre. La release 19 du 3GPP devrait être officiellement complétée d’ici la fin de 2025.

Iridium Communications Inc. (NASDAQ: IRDM) hat eine Zusammenarbeit mit Nordic Semiconductor angekündigt, um seinen Iridium NTN Direct℠ Dienst in die LTE-M/NB-IoT-Module und -Chipsätze von Nordic zu integrieren. Diese Integration ist Teil von Iridiums Project Stardust-Initiative, die darauf abzielt, den weltweit ersten wirklich globalen NB-IoT-Dienst zu schaffen. Die Zusammenarbeit steht im Einklang mit der Entscheidung von 3GPP, Iridium in seinem nächsten Release zu unterstützen, was potenziell allen Geräten mit einem 3GPP Release 19 konformen Chipsatz den Zugang zum Satellitendienst von Iridium ermöglichen könnte.

Nordic Semiconductor, ein globaler Marktführer im Bereich energieeffizienter drahtloser Verbindungslösungen, plant, die globale Kommunikationsfähigkeit von Iridium NTN Direct in seinen NTN-Fahrplan für das 3GPP Release 19 zu integrieren. Es wird erwartet, dass diese Integration eine breite Palette von Verbraucher- und Industriegeräten schafft, die in der Lage sind, von überall auf der Erde verbunden zu bleiben. Das 3GPP Release 19 wird voraussichtlich bis Ende 2025 offiziell abgeschlossen sein.

Positive
  • Collaboration with Nordic Semiconductor, a global leader in wireless connectivity solutions
  • Potential to create the world's first truly global NB-IoT service
  • Integration with 3GPP release 19 compliant chipsets, expanding device compatibility
  • Opportunity to expand Iridium's reach in consumer and industrial device markets
Negative
  • 3GPP Release 19 completion not expected until the end of 2025, indicating a long wait for full implementation

Insights

This collaboration between Iridium and Nordic Semiconductor marks a significant step towards global IoT connectivity. The integration of Iridium NTN Direct into Nordic's modules and chipsets will enable truly global NB-IoT services, potentially revolutionizing IoT applications in remote areas.

Key points to consider:

  • Iridium NTN Direct aims to be the first global NB-IoT service, leveraging 3GPP Release 19 standards.
  • This partnership could expand Iridium's reach into consumer and industrial IoT markets.
  • The collaboration aligns with the growing trend of satellite-to-device (D2D) connectivity.
  • Implementation timeline is tied to 3GPP Release 19 completion, expected by end of 2025.

For investors, this move positions Iridium to capture a larger share of the expanding IoT market, potentially driving long-term revenue growth. However, the full impact may not be realized until after 2025, when the technology becomes widely available.

This partnership has significant market implications for Iridium:

  • Market Expansion: By integrating with Nordic's widely-used modules, Iridium can tap into new IoT verticals and applications.
  • Competitive Advantage: Being first-to-market with global NB-IoT could give Iridium a strong lead in the satellite IoT sector.
  • Revenue Potential: The IoT market is projected to grow substantially, offering Iridium new revenue streams.
  • Technology Leadership: This move reinforces Iridium's position as an innovator in satellite communications.

However, investors should note that the full market impact will be gradual, as it depends on 3GPP standards adoption and device manufacturers incorporating the technology. The long-term outlook is positive, but short-term financial impact may be

MCLEAN, Va., Oct. 9, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced its collaboration with Nordic Semiconductor for early integration of its Iridium NTN Direct℠ service into Nordic's LTE-M/NB-IoT modules and chipsets. Nordic Semiconductor is a global leader in low power wireless connectivity solutions including cellular IoT (LTE-M, NB-IoT), Wi-Fi, Bluetooth LE, and Thread and is trusted by world leading brands across the consumer, industrial, and healthcare segments. Nordic's complete cellular IoT solutions are ideally suited for connected devices for global tracking, utility metering and industrial remote monitoring and control.

Iridium NTN Direct is planned to be the world's first truly global NB-IoT service. The product of Iridium's Project Stardust initiative, Iridium is developing this capability in coordination with the 3rd Generation Partnership Project's (3GPP) recent decision to accept Iridium enabling enhancements in its next release. This would allow Iridium's satellite service to be accessible by any device with a 3GPP release 19 compliant chipset. Nordic plans to incorporate the Iridium NTN Direct service's truly global communication capability as part of its 3GPP release 19 NTN roadmap, taking advantage of the established reliability and experience of the Iridium® network.

"Nordic Semiconductor is an industry leader that continues to be at the forefront of innovation with its low power LTE-M and NB-IoT modules and chipsets," said Bryan Hartin, executive vice president, Iridium. "The integration of Iridium NTN Direct into its modules and chipsets marks a new chapter in Nordic's storied history and will create a universe of consumer and industrial devices with the capability to stay connected from anywhere on earth. We look forward to working with Nordic Semiconductor and them bringing both their chipset- and device-side experience to the Iridium ecosystem."

"Iridium is a global leader in satellite communications," said Oyvind Birkenes, executive vice present for the Long Range BU at Nordic Semiconductor. "It is exciting that Iridium is taking the step to enable low-cost, 3GPP-standard NB-IoT modules and chipsets like Nordic's nRF9151 to connect to its network of satellites. This helps bring the vision of universal connectivity for global and massive IoT to life."

The Iridium network is ideal for D2D and NB-IoT services with its truly global coverage, weather-resilient, globally coordinated spectrum, and history of providing safety of life services with the highest reliability. 3GPP Release 19 is expected to be formally completed by the end of 2025. Iridium will share more information about Iridium NTN Direct at Mobile World Congress Las Vegas's NTN Summit on Wednesday October 9, 2024.

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, the capabilities, benefits and timing of the proposed Iridium NTN Direct service, and the planned integration of Iridium NTN Direct technology by Nordic Semiconductor. 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 successful integration of Iridium NTN Direct by Nordic Semiconductor, 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:
Jordan Hassin
Iridium Communications Inc.
Jordan.Hassin@Iridium.com
+1 (703) 287-7421
X: @Iridiumcomm

Investor Contact:
Kenneth Levy
Iridium Communications Inc.
Ken.Levy@Iridium.com
+1 (703) 287-7570

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SOURCE Iridium Communications Inc.

FAQ

What is Iridium NTN Direct and how does it relate to Project Stardust?

Iridium NTN Direct is planned to be the world's first truly global NB-IoT service. It's the product of Iridium's Project Stardust initiative, aiming to enable global satellite connectivity for devices with 3GPP release 19 compliant chipsets.

How will the collaboration between Iridium (IRDM) and Nordic Semiconductor benefit consumers?

The collaboration aims to create a universe of consumer and industrial devices with the capability to stay connected from anywhere on Earth, by integrating Iridium NTN Direct into Nordic's LTE-M/NB-IoT modules and chipsets.

When is the 3GPP Release 19, important for Iridium (IRDM) NTN Direct, expected to be completed?

The 3GPP Release 19, which is important for the full implementation of Iridium NTN Direct, is expected to be formally completed by the end of 2025.

What types of devices could benefit from Iridium (IRDM) NTN Direct integration?

Devices for global tracking, utility metering, and industrial remote monitoring and control could benefit from Iridium NTN Direct integration, as these are areas where Nordic Semiconductor's cellular IoT solutions are commonly used.

Iridium Communications Inc.

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