Iridium Communications Inc

Overview

Iridium Communications Inc (Iridium Communications) is a provider of communications services and products. The company’s product portfolio comprises phones, modems and modules, antennas, batteries, docking stations, cases and holders, adaptors and cables, headsets, mounting devices, and voice and data terminals. Iridium Communications also provides broadband, voice and data, tracking and monitoring, and personal tracking and monitoring services. The company serves maritime, aviation, government, military, construction, emergency services, transportation, mining, forestry, oil and gas, heavy equipment, utilities, and recreation sectors. Iridium Communications sells products through service providers, value-added manufacturers, value-added developers, and value-added resellers. The company has a business presence across the Americas, Europe, Africa, the Middle East, Central America, and Asia-Pacific. Iridium Communications is headquartered in McLean, Virginia, the US.
Key Stats
Address
1750 Tysons Blvd Ste 1400, MC LEAN, Virginia
Headquarters

United States of America

Contact

1 703 2877400

Website
www.iridium.com
No of Employees

516

Industry

Technology and Communications

Ticker Symbol & Exchange​

IRDM [NASD]

Revenue (2020)

$583 m

4% (2020 vs 2019)
Net Income (2020)

$-56 m

65.4% (2020 vs 2019)
Net Profit Margin

-10 %

66.8% (2020 vs 2019)
Market Cap *

$6,208 m

EPS *

$-0.4

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Iridium Communications IncViaSat IncIntelsat SAGlobalstar Inc
Key Information
Headquarters United States of America United States of America Luxembourg United States of America
Headquarter City MC LEAN CARLSBAD LUXEMBOURG COVINGTON
Headquarter State/Province Virginia California - Louisiana
No. of Employees 516 5,800 1,774 346
Entity Type Public Public Public Public

Products & Services

Iridium Communications is a provider of satellite communications services and products. The company’s major products and services include the following:

Products
  • High-flying Business Communications
  • Operational Communication Solution
  • Real-Time Data Solution
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Services
  • Broadband Services
  • Customer Billing
  • End-User Customer Care
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Brands
  • Iridium Pilot
  • Iridium OpenPort
  • Iridium GO!
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Greg Pelton Chief Technical Officer Senior Management 2021 - Mr. Greg Pelton has been the Chief Technical Officer of the company since 2021. Prior to this role, he served...
Suzanne E. McBride Director; Chief Operating Officer Executive Board 2019 52 Ms. Suzanne E. McBride has been the Chief Operating Officer and Director of the company since 2019. Prior to this,...
Thomas J. Fitzpatrick Chief Financial Officer; Chief Administrative Officer; Director Executive Board 2013 63 Mr. Thomas J. Fitzpatrick has been the Chief Financial Officer, Chief Administrative Officer and a Director of the company since...
Thomas D. Hickey Chief Legal Officer; Secretary Senior Management 2011 61 Mr. Thomas D. Hickey has been the Chief Legal Officer and Secretary of the company since May 2011. He served...
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History

Year Event Description
2021 Financing Agreements In May, the company announced an investment in DDK Positioning.
2021 Contracts/Agreements In June, the company secured a US$30 million worth contract from the United States Army…
2021 Contracts/Agreements In February, the company entered into an agreement with Kyoritsu Radio Service Co Ltd.
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Locations


Iridium Holdings, LLC

Address

6707 Democracy Boulevard, Suite 300, Bethesda
United States of America

Telephone

1 301 571 6200

Website

www.iridium.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target