Iridium Communications Inc. is a publicly traded American company that operates the Iridium satellite constellation, a system of 80 satellites in low Earth orbit. Iridium provides global voice and data communication services via handheld satellite phones, messaging devices, and integrated transceivers. The company partners with various organizations, including General Dynamics Mission Systems and SpaceX, and serves diverse sectors such as aviation, maritime, and government, offering services like the Global Maritime Distress and Safety System (GMDSS).
All verified mentions of this organization in source documents.
Iridium Communications maintains a 2.7% dividend yield.
Iridium Communications maintains a 2.7% dividend yield.
Iridium Communications’ shift toward high-security government services and the SITH contract support a 5% average annual dividend growth profile.
Citi Research identified L3Harris Technologies, Iridium Communications, and Lockheed Martin as key beneficiaries of a projected surge in U.S. defense spending on Feb. 27.
Iridium Communications unveiled the Iridium 9604 3-in-1 IoT module on Feb. 24, 2026.
Iridium Communications has a five-year, $85.8 million System Infrastructure Transformation and Hybridization (SITH) contract.
On Feb. 27, Citi Research identified L3Harris Technologies (LHX), Iridium Communications (IRDM), and Lockheed Martin (LMT) as key beneficiaries of a projected surge in U.S. defense spending.
Iridium Communications holds a five-year, $85.8 million System Infrastructure Transformation and Hybridization (SITH) contract that supports its shift toward high-security government services.
Iridium Communications reported full-year 2025 revenue of $871.7 million and Operational EBITDA of $495.3 million on Feb. 12, 2026.
On February 24, 2026, Iridium Communications Inc. launched the Iridium 9604, a compact hardware module designed to unify satellite, cellular, and positioning services.
Iridium Communications stock’s reported 52-week range is $15.65 to $34.45.
Matt Desch is Chief Executive of Iridium Communications.
Iridium Communications common stock closed at $23.17 on February 13 at 4:58:04 PM UTC-5 on NASDAQ.
Iridium Communications had a reported market capitalization of 2.46 billion USD.
Iridium Communications stock’s previous close was $22.39.
Iridium Communications stock’s five-day price change was +15.85%, equal to a $3.17 increase.
Iridium Communications holds L-band spectrum.
Iridium Communications stock’s reported day range on February 13 was $22.31 to $23.95.
Iridium Communications stock had an after-hours price of $23.01 on February 13, representing a 0.69% decrease from the close.
Iridium Communications targeted the Iridium NEXT launch for September 30, 2017 at 6:30 a.m. PDT to deliver 10 Iridium NEXT satellites to orbit and bring the total deployed Iridium NEXT satellites to 30.