Iridium Communications

Iridium Signs Five-Year Contract with L3Harris to Protect FAA Critical Infrastructure

Retrieved on: 
Tuesday, April 9, 2024
Iridium Communications, IRDM, GPS, Commercial, National Airspace System, LHX, Adtran, Federal Aviation Administration, STL, Human, Communications satellite

MCLEAN, Va., April 9, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced a new five-year commercial contract with L3Harris Technologies [NYSE: LHX] for the Iridium® Satellite Time and Location (STL) service. Under the terms of the five-year agreement, Iridium will provide the STL service to more than three dozen L3Harris-operated communications network backbone nodes and a similar number of Federal Aviation Administration (FAA) facilities throughout the United States.

Key Points: 
  • L3Harris owns and operates a private nationwide network for the FAA, providing voice, data, and video communications for the National Airspace System operations and mission support functions.
  • Timing synchronization is essential within the L3Harris communications network, especially since it supports several critical infrastructure applications.
  • Compact devices provided by Adtran's Oscilloquartz division that receive Iridium STL signals are also included in the solution for L3Harris.
  • "STL solutions offer cost-effective resiliency in critical infrastructure environments where GPS is unreliable or unavailable, so L3Harris and the FAA can benefit from uninterrupted, high-performance operations."

Iridium Signs Five-Year Contract with L3Harris to Protect FAA Critical Infrastructure

Retrieved on: 
Tuesday, April 9, 2024
Iridium Communications, IRDM, GPS, Commercial, National Airspace System, LHX, Adtran, Federal Aviation Administration, STL, Human, Communications satellite

MCLEAN, Va., April 9, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced a new five-year commercial contract with L3Harris Technologies [NYSE: LHX] for the Iridium® Satellite Time and Location (STL) service. Under the terms of the five-year agreement, Iridium will provide the STL service to more than three dozen L3Harris-operated communications network backbone nodes and a similar number of Federal Aviation Administration (FAA) facilities throughout the United States.

Key Points: 
  • L3Harris owns and operates a private nationwide network for the FAA, providing voice, data, and video communications for the National Airspace System operations and mission support functions.
  • Timing synchronization is essential within the L3Harris communications network, especially since it supports several critical infrastructure applications.
  • Compact devices provided by Adtran's Oscilloquartz division that receive Iridium STL signals are also included in the solution for L3Harris.
  • "STL solutions offer cost-effective resiliency in critical infrastructure environments where GPS is unreliable or unavailable, so L3Harris and the FAA can benefit from uninterrupted, high-performance operations."

Iridium Completes Satelles Acquisition; Introduces Iridium Satellite Time and Location (STL)

Retrieved on: 
Tuesday, April 2, 2024
LEO, Iridium Communications, Internet of things, IRDM, Aviation, Acquisition, GPS, Architecture, Ecosystem, STL, Engineering, GNSS, Satellite navigation device

The closing of this acquisition establishes Iridium as the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems.

Key Points: 
  • The closing of this acquisition establishes Iridium as the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems.
  • Now referred to as Iridium® Satellite Time and Location (STL), the service joins the Iridium portfolio of solutions available for direct integration by the company's ecosystem of approximately 500 partners around the world.
  • We're ready to step on the gas and expand the availability of Iridium STL to markets around the world," said Iridium CEO, Matt Desch.
  • Enabled by the Iridium satellite constellation's crosslinked LEO architecture, Iridium STL delivers truly global, secure time and location signals that are 1,000 times more powerful than GNSS constellations, works indoors and continues to work during regional GNSS system outages.

Iridium Completes Satelles Acquisition; Introduces Iridium Satellite Time and Location (STL)

Retrieved on: 
Tuesday, April 2, 2024
LEO, Iridium Communications, Internet of things, IRDM, Aviation, Acquisition, GPS, Architecture, Ecosystem, STL, Engineering, GNSS, Satellite navigation device

The closing of this acquisition establishes Iridium as the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems.

Key Points: 
  • The closing of this acquisition establishes Iridium as the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems.
  • Now referred to as Iridium® Satellite Time and Location (STL), the service joins the Iridium portfolio of solutions available for direct integration by the company's ecosystem of approximately 500 partners around the world.
  • We're ready to step on the gas and expand the availability of Iridium STL to markets around the world," said Iridium CEO, Matt Desch.
  • Enabled by the Iridium satellite constellation's crosslinked LEO architecture, Iridium STL delivers truly global, secure time and location signals that are 1,000 times more powerful than GNSS constellations, works indoors and continues to work during regional GNSS system outages.

Connected Ship Market to Reach $12,262.0 Million, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Monday, April 1, 2024
Seaspan ULC, Statistics, Iridium Communications, PDF, Competition, Communication, Partnership, Internet of things, CMA, Insight, Research report, Kongsberg Digital, CMA CGM, European, Ship, Safety, CNES, Chart, USD, Table, Shipbuilding

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Connected Ship Market by Application (Fleet Operations, Vessel Traffic Management, and Fleet Health Monitoring), Installation Type (On-Board, and Onshore), and Ship Type (Commercial and Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connected ship industry size generated $6,801.3 million in 2022 and is estimated to reach $12,262.0 million by 2032, exhibiting a CAGR of 6.3% from 2023 to 2032.

Key Points: 
  • The agreement involves collaborations with other companies to leverage Seaspan's groundbreaking Digital Holoship program for their own marine technology advancements.
  • This collaboration allows Alpha Ori Technologies to integrate with Vessel Insight, Kongsberg Digital's secure vessel-to-cloud data infrastructure.
  • In May 2021, Iridium Communications Inc. introduced Iridium Certus, a dependable satellite link facilitating uninterrupted transmission of cargo and ship tracking information.
  • Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/global-connected-ship-market/purcha...

Connected Ship Market to Reach $12,262.0 Million, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Monday, April 1, 2024
Seaspan ULC, Statistics, Iridium Communications, PDF, Competition, Communication, Partnership, Internet of things, CMA, Insight, Research report, Kongsberg Digital, CMA CGM, European, Ship, Safety, CNES, Chart, USD, Table, Shipbuilding

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Connected Ship Market by Application (Fleet Operations, Vessel Traffic Management, and Fleet Health Monitoring), Installation Type (On-Board, and Onshore), and Ship Type (Commercial and Defense): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connected ship industry size generated $6,801.3 million in 2022 and is estimated to reach $12,262.0 million by 2032, exhibiting a CAGR of 6.3% from 2023 to 2032.

Key Points: 
  • The agreement involves collaborations with other companies to leverage Seaspan's groundbreaking Digital Holoship program for their own marine technology advancements.
  • This collaboration allows Alpha Ori Technologies to integrate with Vessel Insight, Kongsberg Digital's secure vessel-to-cloud data infrastructure.
  • In May 2021, Iridium Communications Inc. introduced Iridium Certus, a dependable satellite link facilitating uninterrupted transmission of cargo and ship tracking information.
  • Procure Complete Research Report (PDF with Qualitative and Quotative Data, Insights, Statistics, Tables, Charts, Figures) - https://www.alliedmarketresearch.com/global-connected-ship-market/purcha...

Iridium Announces Release Date for First-Quarter 2024 Financial Results

Retrieved on: 
Thursday, March 28, 2024
Webcast, Iridium Communications, Iridium

MCLEAN, Va., March 28, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, April 18, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2024 financial results.

Key Points: 
  • MCLEAN, Va., March 28, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, April 18, 2024 at 8:30 a.m. Eastern Time (ET) to discuss the Company's first-quarter 2024 financial results.
  • In advance of the call on April 18, 2024, Iridium will issue its first-quarter 2024 earnings press release, which will be available on the investor relations page of the Company's website.
  • To participate in the teleconference, callers can dial 1-412-902-6740 and ask for the Iridium Communications Inc. conference call.
  • Please dial in five minutes prior to the scheduled start time to help ensure the conference call begins in a timely manner.

Cosco Shipping Enhances Safety with Iridium GMDSS

Retrieved on: 
Tuesday, March 12, 2024
Iridium Communications, COSCO Shipping, IRDM, Transport, Arctic Ocean, SSAS, Roll-on/roll-off, Ship Security Alert System, Ship, Safety, Telecom, LRIT, Optimism, GMDSS, CSSC, Shipbuilding

Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.

Key Points: 
  • Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.
  • Mr. Xiaofeng Guo, Director of Telecom and Navigation Department at CSSC, expressed optimism about the deployment of Iridium GMDSS on the Cosco Tengfei, "I am glad to witness the moment of the first Iridium GMDSS system deployment on a CSSC vessel, the 'COSCO TENGFEI.'
  • Cosco Shipping is the world's largest shipping fleet, and CSSC understands the value proposition that Iridium GMDSS delivers."
  • Cosco Shipping's commitment to safety, supported by the deployment of Iridium GMDSS on the Cosco Tengfei, underscores their dedication to ensuring the well-being of their crew, vessels, and cargo in an ever-changing and challenging maritime environment.

Cosco Shipping Enhances Safety with Iridium GMDSS

Retrieved on: 
Tuesday, March 12, 2024
Iridium Communications, COSCO Shipping, IRDM, Transport, Arctic Ocean, SSAS, Roll-on/roll-off, Ship Security Alert System, Ship, Safety, Telecom, LRIT, Optimism, GMDSS, CSSC, Shipbuilding

Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.

Key Points: 
  • Iridium GMDSS now provides unmatched support for Cosco Tengfei's mission with its truly global coverage, distress alert, safety voice, maritime safety information, and cost-effective implementation and operation.
  • Mr. Xiaofeng Guo, Director of Telecom and Navigation Department at CSSC, expressed optimism about the deployment of Iridium GMDSS on the Cosco Tengfei, "I am glad to witness the moment of the first Iridium GMDSS system deployment on a CSSC vessel, the 'COSCO TENGFEI.'
  • Cosco Shipping is the world's largest shipping fleet, and CSSC understands the value proposition that Iridium GMDSS delivers."
  • Cosco Shipping's commitment to safety, supported by the deployment of Iridium GMDSS on the Cosco Tengfei, underscores their dedication to ensuring the well-being of their crew, vessels, and cargo in an ever-changing and challenging maritime environment.

Iridium to Expand its Reach as a Global Alternative PNT Service with Acquisition of Market Leader Satelles

Retrieved on: 
Monday, March 4, 2024
Acquisition, Engineering, Iridium Communications, GNSS, Aviation, Investment, Transport, Raymond James Financial, PNT, Conference, GPS, Webcast, Telecommunications, STL, IRDM, Satellite navigation device

MCLEAN, Va., March 4, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced that it had entered into an agreement to acquire Satelles, Inc., the leader in highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. The service, named Satellite Time and Location (STL), is an easy-to-adopt, highly secure solution that increases the efficiency and reliability of timing systems for digital infrastructure like 5G base stations, data centers, and other critical infrastructure and protects against GNSS vulnerabilities using low-cost hardware that doesn't require outdoor antennas. This acquisition continues Iridium's philosophy of investing in differentiating technologies uniquely suited to its network that significantly outperform competing solutions. 

Key Points: 
  • This acquisition continues Iridium's philosophy of investing in differentiating technologies uniquely suited to its network that significantly outperform competing solutions.
  • Each of these servers requires time synchronization and can benefit from the in-server room efficiency and resilience delivered by Iridium STL.
  • STL will become a new business line of Iridium, led by Satelles CEO, Dr. Michael O'Connor who will report to Iridium CEO, Matt Desch.
  • A long-standing investor in Satelles, Iridium had an ownership stake of around 20 percent from three previous investments in the company.