Funding Details
- Awarder
- RSS - spacenews.com
- Date Award
- April 28, 2025
- Vertical
- Satellite Communications
- Funding URL
- View Funding Page
Company Info
- Founding Year
- None
- Traction
- Iridium reported a 5% increase in total revenue to $215 million for the three months ending March 31, with net income jumping 53% to $30 million.
- Revenue Amount
-
$215,000,000
- Organizations Involved
- U.S. government, various commercial IoT customers
- Founders
- Matt Desch
- Company Description
- Iridium is a U.S.-based satellite operator that provides satellite communications services globally. The company is focused on connecting Internet of Things (IoT) devices and offers unique services in safety-critical maritime and aviation sectors. Iridium's L-band spectrum differentiates its offerings from competitors like Starlink, particularly in regulatory-approved applications.
- Market
- Telecommunications
- Location
-
Tampa,
Arizona,
US
- Coinvestors
- None
Links