Iridium Communications Inc. (NASDAQ:IRDM) closed purchase of the remaining 60.5% of Aireon for about $366.7M, drawing $100M on its revolver and assuming $154.7M debt amid Q2 revenue of $225.2M and 2.627M subscribers, while Halper Sadeh probes the proposed sale to Rocket Lab for $27 cash plus stock…
IRDM (Iridium Communications Inc) is set to announce its Q2'26 results on July 28, time not specified. The earnings are expected to be disclosed at 8:00 AM ET (12:00 PM UTC).For Q2'26, revenue estimate is 220.32 million USD with EPS (earnings per share) anticipated at 0.28 USD. Learn more details a…
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.The proposed transactions may contain terms that could limit superior competing offers.Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We…
Iridium completed the acquisition of the remaining 61% of Aireon for approximately $366.7 million, securing full ownership of the air traffic data provider. To finance the deferred portion, Iridium arranged a $183.36 million, one-year, zero-interest seller term loan secured by Aireon equity. Aireon…
Iridium granted cash retention awards to Chief Financial Officer Vincent J. O’Neill and Chief Legal Officer and Corporate Secretary Kathleen A. Morgan in connection with its pending merger with Rocket Lab.Original SEC Filing: Iridium Communications Inc. [ IRDM ] - 8-K - Jul. 07, 2026This is an AI-p…
MCLEAN, Va., July 6, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced today that it has completed its acquisition of Aireon LLC, operator of the world's only space-b…
