Satellite communications provider Iridium reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 3.8% year on year to $225.2 million. Its GAAP profit of $0.09 per share was 65.7% below analysts’ consensus estimates.Iridium (IRDM) Q2 CY2026 Highlights:Company OverviewWi…
Iridium Communications Inc. reported second-quarter 2026 results with revenue of $225.2M, up 3.8% year over year, while net income fell to $9.7M from $22M a year earlier, weighed down by higher SG&A and transaction costs.Financial HighlightsBusiness HighlightsOriginal SEC Filing: Iridium Communicat…
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…
The space trade has come crashing back to Earth just over a month after SpaceX’s blockbuster public debut — and among the space stocks most popular among retail investors, only two of them are on track to finish the month in the green.Viasat, Inc. (VSAT) has gained 8.4%, while Iridium Communication…
Cathie Wood's ARK Invest reduced its position in Advanced Micro Devices NASDAQ:AMD during the week ended July 17, making the chipmaker its largest sale of the period.ARK sold approximately $39.2 million of AMD shares as part of broader portfolio adjustments across technology, healthcare and industr…
Ultra-compact chip delivers trusted positioning, navigation, and timing resilience amid rising spoofing and jamming threatsMCLEAN, Va., July 14, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) s…
Cathie Wood's ARK Invest increased positions in several technology, healthcare and digital asset companies during the week ended July 10, while reducing holdings in select semiconductor and genomics names.Space Exploration Technologies NASDAQ:SPCX represented the firm's largest purchase by value, w…
Iridium Completes Acquisition Of Aireon >IRDM
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…
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…
Rocket Lab Corp. (RKLB) CEO Peter Beck on Wednesday echoed Space Exploration Technologies Corp.’s (SPCX) view of the addressable market in the satellite communications services segment, while downplaying the threat these services pose to traditional telecom players.During an interview with CNBC, Be…
Shares of Rocket Lab (RKLB) slipped nearly 2% overnight late Tuesday after its latest Electron launch attempt for Japan’s QPS was called off on launch day, with the company saying that backup windows are available in the coming days.RKLB stock declined 29% in June, logging its worst month since Nov…
By Al RootRocket Lab stock rose again Tuesday, following its blockbuster announcement on Monday that it would buy satellite operator Iridium Communications.Now, Wall Street is weighing in on the deal as investors look for other companies that have assets needed to build space-communications network…
Iridium Communications Is Maintained at Equal-Weight by Morgan Stanley
By Robert CyranDavid’s fight against Goliath had nothing on Rocket Lab’s NASDAQ:RKLB new mission. The space-launch vehicle and satellite maker on Monday agreed to acquire Iridium Communications NASDAQ:IRDM in a deal valued at $8 billion, including debt. They say they’re creating a vertically integr…
The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:** British lender Barclays LSE:BARC acquired a 999-year leasehold interest in its global headquarters at London's Canary Wharf in a deal valued at £750 million ($992.78 million).** India's Adani Ports and S…
Shares of Rocket Lab (RKLB) jumped 2% overnight late Monday as Wall Street turned more bullish on the stock, while one analyst noted that the company outbid AST SpaceMobile (ASTS) for Iridium Communications (IRDM) in a surprise $8 billion deal.RKLB stock jumped 16% on Monday to end at $98.01, loggi…
Planet Labs NYSE:PL shares jumped as much as 12% on Monday, potentially driven by a major acquisition elsewhere in the space sector rather than company-specific news.The catalyst appears to be Rocket Lab's (RKLB) announcement that it will acquire Iridium Communications (IRDM) in an $8 billion cash…
Rocket Lab USA Inc (RKLB) shares jumped nearly 17% during Monday afternoon’s trading session after Craig-Hallum said the company’s planned $8 billion acquisition of Iridium Communications Inc (IRDM) is not a move to compete with SpaceX’s (SPCX) Starlink. The firm called that interpretation the “wro…
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…
