• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Iridium and Syniverse Partner to Bring Direct-to-Device Satellite Connectivity to Mobile Network Operators Worldwide

    5/29/25 7:01:00 AM ET
    $IRDM
    Telecommunications Equipment
    Telecommunications
    Get the next $IRDM alert in real time by email

    MCLEAN, Va., May 29, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice and data satellite communications, today announced a new partnership with Syniverse, the world's most connected company®, to support the rollout of Iridium NTN DirectSM service with mobile network operators (MNOs) worldwide. Through this partnership, Iridium NTN Direct is integrating with Syniverse's global platform, making it easy for MNOs to keep their customers continuously connected everywhere on the planet.

    Iridium Satellite Network

    "With Iridium NTN Direct, MNOs will know they have a reliable partner..."

    According to GSMA's 2025 Industry Survey, 85% of MNOs planning to pursue non-terrestrial network (NTN) service are seeking a Low-Earth Orbit (LEO) solution that extends their coverage globally. As part of 3GPP Release 19, Iridium NTN Direct will provide truly global, standards-based direct-to-device (D2D) and narrow-band Internet of Things (NB-IoT) messaging and SOS for consumer devices, automobiles and industrial applications in agriculture, transportation, logistics, energy and utilities.

    The combination of MNO requirements and Iridium NTN Direct capabilities makes it the ideal solution. With Iridium NTN Direct, MNOs will know they have a reliable partner with a fully deployed, owned and operated satellite constellation, unmatched coverage, globally coordinated mobile satellite services (MSS) spectrum, and a history of providing reliable safety of life services.

    "We're building the backbone of the global D2D movement, the right way and with the right partners as we prepare for on-air testing with MNOs and chipmakers in the coming months," said Iridium CEO Matt Desch. "The integration of Syniverse's system with the Iridium® network will give MNOs a simple path to expand their footprint to the entire planet."

    "Satellite networks are becoming a natural extension of the mobile ecosystem, and our role at Syniverse is to make that transition seamless," said Andrew Davies, Chief Executive Officer of Syniverse. "By integrating Iridium NTN Direct into the global mobile framework using standards-based, carrier-grade systems, Syniverse is simplifying deployment, ensuring consistency and security, and accelerating access to non-terrestrial connectivity."

    For more than 35 years, Syniverse's leadership in mobile interoperability and clearing services has played a key role in enabling MNO adoption for satellite integration, which includes seamless customer roaming, authentication and billing functions. Their system serves approximately 600 carrier customers directly in 170 countries worldwide and connects over 830 mobile operators with their global IPX backbone. Fully 3GPP-compliant and standards-based, Syniverse ensures fast deployment, helping operators confidently unlock new markets.

    Iridium NTN Direct stands out among Non-Terrestrial Network (NTN) and NB-IoT services by offering MNOs an unmatched combination of truly global coverage, reliability and capability. 3GPP Release 19 is expected to be completed by the end of 2025, and the first Iridium NTN Direct connected devices are planned to be available in 2026.

    For more information about Iridium, visit: www.iridium.com 

    For more information about Iridium NTN Direct, visit: www.iridium.com/ntn-direct/ 

    About Iridium Communications Inc.

    Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.

    Forward-Looking Statements Disclosure

    Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company has based these statements on its current expectations and the information currently available to us. Forward-looking statements in this press release include statements regarding the capabilities, benefits and availability of the Iridium NTN Direct service. Forward-looking statements can be identified by the words "anticipates," "may," "can," "believes," "expects," "projects," "intends," "likely," "will," "to be" and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties regarding the development and marketing of the Iridium NTN Direct service, the company's ability to maintain the health, capacity and content of its satellite constellation, as well as general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission (the "SEC") on February 13, 2025, as well as other filings Iridium makes with the SEC from time to time. There is no assurance that Iridium's expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium's underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium's forward-looking statements speak only as of the date of this press release, and Iridium undertakes no obligation to update forward-looking statements.

    Press Contact:

    Investor Contact:

    Jordan Hassin

    Kenneth Levy

    Iridium Communications Inc.

    Iridium Communications Inc.

    [email protected]

    [email protected]

    +1 (703) 287-7421

    +1 (703) 287-7570

     

    Iridium Communications Inc. (PRNewsfoto/Iridium Communications Inc.)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iridium-and-syniverse-partner-to-bring-direct-to-device-satellite-connectivity-to-mobile-network-operators-worldwide-302467500.html

    SOURCE Iridium Communications Inc.

    Get the next $IRDM alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $IRDM

    DatePrice TargetRatingAnalyst
    5/5/2025$34.00Outperform
    Oppenheimer
    4/22/2025Mkt Perform → Outperform
    William Blair
    1/24/2025$40.00Overweight
    Cantor Fitzgerald
    2/16/2024$30.00Buy → Neutral
    BWS Financial
    2/15/2024Outperform → Mkt Perform
    William Blair
    9/18/2023$57.00Hold → Buy
    Deutsche Bank
    7/27/2023$66.00 → $65.00Equal Weight → Overweight
    Barclays
    6/22/2023$61.00Hold
    Deutsche Bank
    More analyst ratings

    $IRDM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP, Sales & Marketing Last Timothy James covered exercise/tax liability with 70 shares, decreasing direct ownership by 0.13% to 51,945 units (SEC Form 4)

      4 - Iridium Communications Inc. (0001418819) (Issuer)

      7/3/25 5:00:15 PM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • CHIEF LEGAL OFFICER Morgan Kathleen A. covered exercise/tax liability with 647 shares, decreasing direct ownership by 0.78% to 81,927 units (SEC Form 4)

      4 - Iridium Communications Inc. (0001418819) (Issuer)

      7/3/25 5:00:19 PM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Director Shivanandan Monique S. was granted 4,903 shares (SEC Form 4)

      4 - Iridium Communications Inc. (0001418819) (Issuer)

      7/3/25 5:00:14 PM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Desch Matthew J bought $1,036,280 worth of shares (28,000 units at $37.01), increasing direct ownership by 4% to 706,912 units (SEC Form 4)

      4 - Iridium Communications Inc. (0001418819) (Issuer)

      11/21/23 5:14:21 PM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Iridium Announces Second Quarter 2025 Results; Updates Full-Year Outlook

      MCLEAN, Va., July 24, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2025 and updated its full-year 2025 outlook. Net income was $22.0 million, or $0.20 per diluted share, for the second quarter of 2025, as compared to net income of $32.3 million, or $0.27 per diluted share, for the second quarter of 2024. The decrease in net income was primarily the result of a one-time $19.8 million gain related to the acquisition of Satelles, Inc. recognized in the second quarter of 2024, which did not reoccur in 2025. Operational EBITDA ("OEBITDA")(

      7/24/25 7:01:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Announces Release Date for Second-Quarter 2025 Financial Results

      MCLEAN, Va., July 3, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, July 24, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2025 financial results. In advance of the call on July 24, 2025, Iridium will issue its second-quarter 2025 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 t

      7/3/25 7:00:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Names Monique Shivanandan to Board of Directors

      MCLEAN, Va., June 17, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice and data satellite communications, today announced the appointment of Monique Shivanandan to its Board of Directors, effective today. Shivanandan has served as Group Chief Data & Analytics Officer at HSBC Holdings plc, a multinational financial services company, since May 2023, having previously served as Chief Information Security Officer at HSBC since July 2020. She served as a group Chief Information Officer at the Chubb Group of Insurance Companies from

      6/17/25 7:01:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Oppenheimer initiated coverage on Iridium Communications with a new price target

      Oppenheimer initiated coverage of Iridium Communications with a rating of Outperform and set a new price target of $34.00

      5/5/25 8:31:17 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Communications upgraded by William Blair

      William Blair upgraded Iridium Communications from Mkt Perform to Outperform

      4/22/25 11:17:42 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Cantor Fitzgerald initiated coverage on Iridium Communications with a new price target

      Cantor Fitzgerald initiated coverage of Iridium Communications with a rating of Overweight and set a new price target of $40.00

      1/24/25 7:31:34 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    SEC Filings

    See more
    • SEC Form 10-Q filed by Iridium Communications Inc

      10-Q - Iridium Communications Inc. (0001418819) (Filer)

      7/24/25 7:05:56 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Communications Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Iridium Communications Inc. (0001418819) (Filer)

      7/24/25 7:04:43 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SCHEDULE 13D/A filed by Iridium Communications Inc

      SCHEDULE 13D/A - Iridium Communications Inc. (0001418819) (Subject)

      6/26/25 6:05:45 PM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    Leadership Updates

    Live Leadership Updates

    See more
    • Iridium Names Monique Shivanandan to Board of Directors

      MCLEAN, Va., June 17, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice and data satellite communications, today announced the appointment of Monique Shivanandan to its Board of Directors, effective today. Shivanandan has served as Group Chief Data & Analytics Officer at HSBC Holdings plc, a multinational financial services company, since May 2023, having previously served as Chief Information Security Officer at HSBC since July 2020. She served as a group Chief Information Officer at the Chubb Group of Insurance Companies from

      6/17/25 7:01:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Announces Executive Retirements; Names Vincent O'Neill as New Chief Financial Officer and Timothy Last as new Executive Vice President, Sales and Marketing, each effective January 1, 2025

      MCLEAN, Va., Aug. 21, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that Thomas J. Fitzpatrick, 66, the Company's Chief Financial Officer (CFO) and Chief Administrative Officer and Bryan J. Hartin, 60, Executive Vice President, Sales and Marketing, plan to retire at year-end. Mr. Fitzpatrick will continue to serve on the Company's Board of Directors after his retirement as CFO.  The Company named Vincent O'Neill as its new Chief Financial Officer and Timothy Last as the new Executive Vice President, Sales and Marketing, each to be effective January 1, 2025.

      8/21/24 7:00:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    Financials

    Live finance-specific insights

    See more
    • Iridium Announces Second Quarter 2025 Results; Updates Full-Year Outlook

      MCLEAN, Va., July 24, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the second quarter of 2025 and updated its full-year 2025 outlook. Net income was $22.0 million, or $0.20 per diluted share, for the second quarter of 2025, as compared to net income of $32.3 million, or $0.27 per diluted share, for the second quarter of 2024. The decrease in net income was primarily the result of a one-time $19.8 million gain related to the acquisition of Satelles, Inc. recognized in the second quarter of 2024, which did not reoccur in 2025. Operational EBITDA ("OEBITDA")(

      7/24/25 7:01:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Announces Release Date for Second-Quarter 2025 Financial Results

      MCLEAN, Va., July 3, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, will host a conference call on Thursday, July 24, 2025 at 8:30 a.m. Eastern Time (ET) to discuss the Company's second-quarter 2025 financial results. In advance of the call on July 24, 2025, Iridium will issue its second-quarter 2025 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 t

      7/3/25 7:00:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • Iridium Announces First Quarter 2025 Results

      MCLEAN, Va., April 22, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2025 and reiterated its full-year 2025 outlook. Net income was $30.4 million, or $0.27 per diluted share, for the first quarter of 2025, as compared to net income of $19.7 million, or $0.16 per diluted share, for the first quarter of 2024. Operational EBITDA ("OEBITDA")(1) for the first quarter was $122.1 million, as compared to $115.0 million for the prior-year period, representing a year-over-year increase of 6%.

      4/22/25 7:01:00 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications

    $IRDM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Iridium Communications Inc

      SC 13G/A - Iridium Communications Inc. (0001418819) (Subject)

      11/13/24 10:22:19 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • SEC Form SC 13G/A filed by Iridium Communications Inc (Amendment)

      SC 13G/A - Iridium Communications Inc. (0001418819) (Subject)

      6/7/24 1:30:03 PM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications
    • SEC Form SC 13G/A filed by Iridium Communications Inc (Amendment)

      SC 13G/A - Iridium Communications Inc. (0001418819) (Subject)

      2/14/24 10:34:56 AM ET
      $IRDM
      Telecommunications Equipment
      Telecommunications