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.