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Satellite companies SES, Eutelsat, Viasat, and Iridium exhibited in the halls at Mobile World Congress.
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 reported full-year 2025 revenue of $871.7 million and Operational EBITDA of $495.3 million on Feb. 12, 2026.
Iridium Communications’s SITH contract contributes to a stable cash flow profile that supports the company’s 5% average annual dividend growth.
Iridium Communications’ shift toward high-security government services and the SITH contract support a 5% average annual dividend growth profile.
Iridium Communications maintains a 2.7% dividend yield.
Iridium Communications reported full-year 2025 revenue of $871.7 million and Operational EBITDA of $495.3 million on Feb. 12, 2026.
Iridium Communications maintains a 2.7% dividend yield.
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 unveiled the Iridium 9604, a 3-in-1 IoT module, on Feb. 24, 2026.
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 designed the Iridium 9604 to reduce solution complexity, lower costs, and accelerate time to market for IoT deployments.
Iridium intends the Iridium 9604 to make dual-mode IoT connectivity viable for price-sensitive, high-volume deployments.
Iridium positioned the Iridium 9604 as ideal for industrial, infrastructure, and mobility applications.
The Iridium 9604 beta program earlier this year was oversubscribed by a select group of companies.
Ground Control, as an early Iridium 9604 developer, eliminated two components from its bill of materials, reduced its board size, and simplified its power architecture by using the Iridium 9604.
The Iridium 9604 is built on the u-blox SARA-R5 platform.
Iridium characterized the Iridium 9604 as a compact form factor suitable for dual-mode IoT deployments.
Iridium Communications Inc. is listed on Nasdaq under the ticker IRDM.