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Iridium Communications Inc Common Stock, also called Iridium Communications, is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. Read More The company's principal lines of business include Land Mobile, Maritime, Aviation, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Government business line involves in the provision of mobile satellite communications services to the U.S. government, principally the Department of Defense. Its voice products are used for a variety of primary and backup communications solutions, including tactical operations, logistical, administrative, morale and welfare, and emergency communications. The firm's commercial services include: Postpaid Mobile Voice and Data Satellite Communications; Prepaid Mobile Voice Satellite Communications; Iridium PTT; Broadband Data; and Machine-to-Machine services. Iridium Communications was founded on November 2, 2007 and is headquartered in McLean, VA.
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Simply Wall StMar 17
Introducing Iridium Communications (NASDAQ:IRDM), The Stock That Zoomed 230% In The Last Three Years
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But in contrast you can make much more than 100% if the company does well. For instance the Iridium Communications Inc. (NASDAQ:IRDM) share price is 230% higher than it was three years ago. That sort of return is as solid as granite. On top of that, the share price is up 30% in about a quarter. This could be related to the recent financial results, released recently – you can catch up on the most recent data by readi...
Wall Street JournalMar 14
The Aerospace Newcomer Whose Data Helped Make the Difference on Grounding the 737 MAX
The FAA grounded the entire Boeing 737 MAX fleet, a day after the agency said the planes were safe to fly. The U.S. ban comes as more nations suspended flights of the jets following the fatal Ethiopian Airlines crash. WSJ's Robert Wall explains the FAA's reversal. Photo: Getty When the Federal Aviation Administration reversed course and grounded Boeing Co.’s 737 MAX jetliner, it moved partly after seeing data from a little-known aerospace newcomer that is changing the way the aviation industry tracks plane...
Expected Apr 25, Pre-Market