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Iridium Comm Stock Price, News & Analysis

IRDM NASDAQ

Company Description

Overview

Iridium Communications Inc. (IRDM) is a specialized provider of truly global mobile satellite voice and data communications. Leveraging a sophisticated constellation of low Earth orbit (LEO) satellites, Iridium offers uninterrupted connectivity that spans pole to pole, ensuring secure and reliable communications in regions beyond the reach of terrestrial networks. Industry keywords such as 'satellite communications', 'global connectivity', and 'LEO networks' are fundamental to its operations.

Business Operations and Market Position

Iridium’s business is centered on delivering mission-critical communication services that support a wide range of sectors including maritime, aviation, defense, public safety, utilities, transportation, and industrial applications. The company generates revenue primarily through recurring service subscriptions, as well as through equipment sales and engineering support projects. With its capability to deliver both voice and data communications, Iridium’s network is uniquely positioned to provide connectivity in even the most remote or challenging environments.

Technological Innovation and Network Capabilities

At the core of Iridium’s operations is its state-of-the-art satellite constellation, designed for robust, real-time connectivity across the globe. By utilizing a cross-linked LEO architecture, the company overcomes traditional limitations of line-of-sight communications seen in geostationary systems. This technical advantage ensures low-latency, secure, and weather-resilient quality, making it a trusted solution for both commercial enterprises and government agencies. Additionally, Iridium’s commitment to innovation is evident in its development of next-generation IoT modules and integration of NB-IoT standards for non-terrestrial networks, which enable seamless integration with modern cellular devices and emerging technologies.

Industry Applications

Iridium’s satellite communications network is critical to various industries that require unwavering connectivity and operational reliability. Maritime communications benefit from the implementation of global safety and distress systems ensuring adherence to international maritime standards. In aviation, the network supports secure mobile communications for efficient flight operations across regions lacking terrestrial infrastructure. Furthermore, the solutions provided by Iridium play a pivotal role in defense and emergency response scenarios, where secure and immediate data exchange can be a matter of life and death.

Government and Defense Integration

The company has established long-term relationships with government agencies and defense organizations, underlining its capability in delivering secure communication services. With contracts that cater to enhanced mobile satellite services and support for critical military operations, Iridium stands as a vital partner in national security infrastructures. Its technology is integral to the operational success of its governmental customers, further reinforcing the company’s reputation and market significance.

Commitment to Quality and Reliability

Iridium is synonymous with reliability and innovation. The company’s global network is engineered to perform under the most challenging conditions, thereby providing consistent, secure connectivity. With a broad ecosystem of partners and distributors, Iridium ensures that its communications services are accessible across various industries and geographies. This commitment to quality is continually demonstrated by its rigorous technical standards and ongoing enhancements in satellite technology.

Conclusion

In summary, Iridium Communications Inc. is a specialized enterprise providing indispensable global satellite communications solutions. Its extensive LEO satellite network and advanced technological implementations make it a cornerstone for industries ranging from maritime and aviation to defense and emergency services. The company’s dedication to reliable, secure, and innovative communications underscores its critical role in today’s interconnected world, offering robust solutions that are essential for both commercial and governmental operations.

Stock Performance

$—
0.00%
0.00
Last updated:
-21.99 %
Performance 1 year
$2.6B
Market Cap
108.2M
Shares outstanding

SEC Filings

No SEC filings available for Iridium Comm.

Financial Highlights

$830,682,000
Revenue (TTM)
$112,776,000
Net Income (TTM)
$0.94
Diluted EPS (TTM)
$375,955,000
Operating Cash Flow
13.58%
Net Profit Margin
24.12%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Iridium Comm (IRDM)?

The current stock price of Iridium Comm (IRDM) is $23.16 as of April 25, 2025.

What is the market cap of Iridium Comm (IRDM)?

The market cap of Iridium Comm (IRDM) is approximately 2.6B.

What is the revenue (TTM) of Iridium Comm (IRDM) stock?

The trailing twelve months (TTM) revenue of Iridium Comm (IRDM) is $830,682,000.

What is the net income of Iridium Comm (IRDM)?

The trailing twelve months (TTM) net income of Iridium Comm (IRDM) is $112,776,000.

What is the earnings per share (EPS) of Iridium Comm (IRDM)?

The diluted earnings per share (EPS) of Iridium Comm (IRDM) is $0.94 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Iridium Comm (IRDM)?

The operating cash flow of Iridium Comm (IRDM) is $375,955,000.

What is the profit margin of Iridium Comm (IRDM)?

The net profit margin of Iridium Comm (IRDM) is 13.58%.

What is the operating margin of Iridium Comm (IRDM)?

The operating profit margin of Iridium Comm (IRDM) is 24.12%.

What is the current ratio of Iridium Comm (IRDM)?

The current ratio of Iridium Comm (IRDM) is 1.73, indicating the company's ability to pay short-term obligations.

What is the operating income of Iridium Comm (IRDM)?

The operating income of Iridium Comm (IRDM) is $200,384,000.

What core services does Iridium Communications Inc. provide?

Iridium delivers mobile voice and data satellite communication services using a robust low Earth orbit constellation, providing global coverage even in remote areas.

How does Iridium ensure global connectivity?

The company operates a cross-linked LEO satellite network which enables continuous and reliable communication across every region of the globe without reliance on terrestrial infrastructure.

Which industries benefit from Iridium's services?

Iridium serves a diverse range of markets including maritime, aviation, defense, public safety, transportation, utilities, and various industrial applications.

What technological innovations is Iridium known for?

Iridium is recognized for its advanced satellite communication technologies, including the integration of NB-IoT standards, development of compact IoT modules, and the deployment of reliable, low-latency communication systems.

How does Iridium support government and defense needs?

Through secure and reliable communication solutions, long-standing government contracts, and specialized services designed for mission-critical operations, Iridium plays a significant role in supporting the requirements of defense and governmental agencies.

What sets Iridium's satellite network apart from others?

Iridium’s unique LEO constellation provides global, weather-resilient coverage with low-latency connections, overcoming the limitations of geostationary satellite networks and ensuring dependable service in remote scenarios.

How are IoT applications integrated into Iridium's offerings?

Iridium has developed IoT modules and leverages standardized NB-IoT technologies, enabling seamless connectivity for machine-to-machine communications, remote monitoring, and other industrial IoT applications.

What is the significance of Iridium's global network?

The ability to provide continuous global coverage makes Iridium a critical infrastructure component for clients who require secure and persistent communication capabilities in every corner of the world.