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The Latest Breaking News from Iridium

Cathie Wood buys $37 million of surging tech stock

In 2024, The Nasdaq Composite gained 30%, while Ark Innovation ETF returned 8.4%.

The Street

Signal Boost: 2 Key Satellite Stocks Driving Industry Growth

Investing in satellite communication stocks presents unique opportunities for growth but requires careful consideration of diverse technologies.

MarketBeat

ProGrade Digital's latest CFexpress 4.0 cards are too fast for current cameras

New ultra-fast Type B and Type A cards are launching, but do we really need them?

Digital Camera World

From analysis to the latest developments in health,
read the most diverse news in one place.

Performing evasive maneuvers increases satellites' collision risk down the road

Trying to avoid satellite collisions in orbit increases the risk of future collisions in the aftermath of each avoidance maneuver, researchers have round.

Space

Police launch probe against boat owner for use of banned satellite phone

Police in Kozhikode investigate suspicious use of banned satellite phone found in hands of fishing boat owner. Three persons contacted using handset identified for cross-checking. Union govt. banned use/possession of Thuraya-made iridium phones. Checking intensified to ensure no other boat owners/fishermen have similar sets. Surveillance strengthened as devices used by…

The Hindu

Android's answer to iPhone Emergency SOS via satellite is being shut down

Chip maker Qualcomm has announced its Snapdragon Satellite emergency and SMS comms feature will be wound down in December, seemingly after Android phone makers failed to implement the feature.

Tom’s Guide

SpaceX slams report implicating it in a potential threat to 'people on Earth'

More than 85% of the risk to people on the ground results from SpaceX launches, the report says.

The Street

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SpaceX Prepared Two More Falcon With Starlink Satellites

Elon Musk‘s SpaceX readied two more Falcon 9 rockets on SpaceX launch pads on Friday, following a Starlink deployment.

Zenger

SpaceX aborts launch of Falcon 9 rocket carrying OneWeb, Iridium satellites (update)

SpaceX plans to launch its second mission in a span of seven hours on Friday morning (May 19), and you can watch the action live.

Space

Foo Fighter Chris Shiflett was using a Strymon Iridium pedal on his UK tour instead of an amp

It seems digital modelling is good enough for a Foo Fighter

MusicRadar

Dow Jones Futures Fall: Tesla Hikes Model S, X Prices; Cathie Wood Lifts TSLA PT To $2,000

The market rally fell, but held key levels. Tesla dived, but Cathie Wood's Ark bought more shares and hiked its sky-high price target.

Investors Business Daily

Iridium Earnings, Revenue Top Estimates As Buyback Kicks In

Iridium reported first-quarter results that topped estimates. IRDM stock surged nearly 11% as the company reiterated its 2023 outlook.

Investors Business Daily

Is Canyon’s latest Neuron 6 the best value ‘play for price’ mountain bike available?

Playful pop, easy speed and excellent spec for price are the core values of Canyon’s new affordable alloy Neuron 6 all rounder

Bike Perfect

Banks Topple, Satellite Leader Gets Support

As the bank crisis grounds SVB Financial, Iridium discovers support, partnering with Qualcomm, Amazon. and NatGeo.

Investors Business Daily

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Investors Business Daily

Iridium Tops Views As It Waits For Qualcomm Deal To Deliver

Iridium stock climbed on fourth-quarter revenue that topped estimates while a partnership with Qualcomm is expected to deliver in 2024.

Investors Business Daily

Iridium, Qualcomm To Partner In Satellite-Based Smartphone Text Services

Iridium's partner for satellite-based smartphone services turns out to be chipmaker Qualcomm, though Samsung could still figure in its plans.

Evening Standard

Emergency satellite communication is coming to Android phones

Some Android handsets will soon enjoy the ability to send SOS messages without regular phone reception.

Investors Business Daily

IBD Stock Of The Day Bucks Bear Market Over Apparent Samsung Deal

Iridium is the IBD Stock Of The Day amid speculation over its push into satellite-based smartphone services and a Samsung partnership.

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Reuters

Russia's anti-satellite threat tests laws of war in space

A Russian official's threat this week to "strike" Western satellites aiding Ukraine highlights an untested area of international law, raising concerns among space lawyers and industry executives about the safety of objects in orbit.

Investors Business Daily

Will Satellite-To-Smartphone Services Get Lost In Space This Time?

Satellite-to-smartphone connectivity in remote locations is suddenly the rage in telecom again, some 23 years after Iridium and ICO Communications fell into bankruptcy.

The Conversation

Starlink, Amazon and others are racing to fill the sky with bigger satellites to deliver mobile coverage everywhere on Earth

Elon Musk’s space tech company SpaceX is rapidly advancing towards its goal of establishing Starlink – a massive satellite network capable of providing high-speed broadband internet across the world.

Benzinga

Iridium Communications Clocks 15% Revenue Growth In Q1

Iridium Communications Inc (NASDAQ:IRDM) reported first-quarter FY22 revenue growth of 15% year-on-year to $168.2 million, beating the consensus of $157.2 million. Service revenue rose 9% Y/Y to $126.1 million. Revenue from equipment sales and engineering and support projects was $42.1 million. Commercial service revenue was $99.6 million, up 10% Y/Y. Commercial broadband revenue…

The Hindu

Militant groups in Kashmir now have Iridium satellite phones, Wi-Fi-enabled thermal imagery tools

The devices help terrorists escape during security cordons especially during night time

Benzinga

Iridium Clocks 6% Revenue Growth In Q4 Backed By Subscriber Strength

Iridium Communications Inc (NASDAQ:IRDM) reported fourth-quarter FY21 revenue growth of 6% year-on-year to $155.9 million, beating the consensus of $152.1 million. Service revenue rose 8% Y/Y to $126.7 million. Revenue from equipment sales and engineering and support projects was $29.1 million. Commercial service revenue was $100.2 million, up 10% Y/Y. Commercial broadband revenue…

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