Iridium Updates 2013 and Long-Range Outlook
MCLEAN, Va., Oct. 21, 2013 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today updated its full-year 2013 and long-range financial outlook.
U.S. Department of Defense Awards Iridium $400 Million, Five-Year Contract for Iridium® Airtime Services
Iridium Communications Inc. (Nasdaq:IRDM) today announces that it has been awarded a $400 million, multi-year, fixed-price contract with the Defense Information Systems Agency (DISA) to provide satellite airtime services to meet the communications needs of the U.S. Department of Defense (DoD) and their federal partners.
Iridium Completes System Critical Design Review for Iridium NEXT
Iridium Communications Inc. (Nasdaq:IRDM) today announced that it has successfully completed a Critical Design Review (CDR) of the complete Iridium NEXT satellite network system, demonstrating its design is valid and on schedule for first launch in early 2015. The review represents an important transition from the network design to the fabrication and testing phase of Iridium's next-generation constellation.
Iridium's Space-Based Air Traffic Surveillance Venture, Aireon, Signs New Investors
Iridium Communications Inc. (Nasdaq:IRDM) announced today that Aireon LLC, the developer of the world's first satellite-based global air traffic surveillance system, has entered into binding agreements with three new investors and major Air Navigation Service Providers (ANSPs): ENAV (Italy), the Irish Aviation Authority (IAA), and Naviair (Denmark) for $120 million in new equity into Aireon.
Iridium Announces Release Date for Second-Quarter 2012 Financial Results
Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") will host a conference call on Thursday, August 2, 2012 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2012 financial results. In advance of the call on August 2, 2012, Iridium will issue its second-quarter 2012 earnings press release, which will be available at http://www.iridium.com
Iridium to Revolutionize Global Air Traffic Surveillance With the Launch of Aireon(SM)
For the first time ever, air traffic management agencies around the globe will be able to continuously track aircraft anywhere in the world. Aireon LLC, a planned joint venture announced today by Iridium Communications Inc. (Nasdaq:IRDM), will make this transformation possible.