Equities

Iridium Communications Inc

Iridium Communications Inc

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TelecommunicationsTelecommunications Service Providers
  • Price (USD)26.66
  • Today's Change0.10 / 0.38%
  • Shares traded100.00
  • 1 Year change-57.08%
  • Beta0.6503
Data delayed at least 15 minutes, as of Jul 02 2024 21:00 BST.
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About the company

Iridium Communications Inc. is a commercial provider of communications services. The Company is engaged in providing mobile voice and data communications services using a constellation of orbiting satellites. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure. It utilizes an interlinked mesh architecture to route traffic across its satellite constellation using radio frequency crosslinks between satellites. It serves market, such as emergency services, maritime, aviation, government, utilities, oil and gas, mining, recreation, forestry, heavy equipment, construction, railways and other transportation. Its products include Satellite Handsets and Iridium GO!, Broadband Data Devices, Voice and Data Modems and Internet of Things Data Devices.

  • Revenue in USD (TTM)789.30m
  • Net income in USD25.29m
  • Incorporated2007
  • Employees760.00
  • Location
    Iridium Communications IncSUITE 1400, 1750 TYSONS BOULEVARDMCLEAN 22102United StatesUSA
  • Phone+1 (301) 571-6200
  • Fax+1 (703) 287-7450
  • Websitehttps://www.iridium.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
IRDM:NSQ since
announced
Transaction
value
Satelles IncAnnounced04 Mar 202404 Mar 2024Announced-10.27%--
Data delayed at least 15 minutes, as of Jul 02 2024 21:00 BST.

Institutional shareholders

44.84%Per cent of shares held by top holders
HolderShares% Held
BAMCO, Inc.as of 31 Mar 202411.93m9.82%
The Vanguard Group, Inc.as of 31 Mar 202411.87m9.77%
BlackRock Fund Advisorsas of 31 Mar 202410.62m8.75%
SSgA Funds Management, Inc.as of 31 Mar 20244.18m3.44%
Silver Heights Capital Management, Inc. (Canada)as of 31 Mar 20243.48m2.87%
Van Berkom & Associates, Inc.as of 31 Mar 20243.33m2.74%
ARK Investment Management LLCas of 31 Mar 20242.57m2.12%
ClearBridge Investments LLCas of 31 Mar 20242.27m1.87%
Geode Capital Management LLCas of 31 Mar 20242.12m1.74%
Nikko Asset Management Americas, Inc.as of 31 Mar 20242.09m1.72%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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