July 26, 2017 9:43 PM ET

Aerospace and Defense

Company Overview of Aireon LLC

Company Overview

Aireon LLC designs, develops, and deploys space-based global air traffic surveillance systems for commercial aviation companies and air navigation service providers primarily in North America, Australia, and Europe. It offers space-based automatic dependent surveillance-broadcast (ADS-B) systems that are capable of surveilling and tracking ADS-B equipped aircraft around the globe in real-time, including oceanic, polar, and remote regions. The company was incorporated in 2011 and is based in McLean, Virginia. Aireon LLC operates as a subsidiary of Iridium Satellite LLC.

1750 Tysons Boulevard

Suite 1400

McLean, VA 22102

United States

Founded in 2011

Phone:

703-287-7400

Fax:

703-287-7450

Key Executives for Aireon LLC

Chief Executive Officer, President and Director
Age: 55
Chief Financial Officer
Age: 46
Director and Chief Executive Officer of Iridium Communications, Inc
Age: 59
Chief Technology Officer and Vice President of Engineering
Vice President of Strategic Programs
Compensation as of Fiscal Year 2017.

Aireon LLC Key Developments

Richard P. Nyren Appoints as Chief Financial Officer of Aireon LLC

Richard P. Nyren appointed as Chief Financial Officer of Aireon LLC. Previously he was Chief Accounting Officer and principal accounting officer of Iridium Communications Inc.

Aireon and Spanish ANSP ENAIRE Sign Agreement to Evaluate Space-Based ADS-B

Aireon announced that it has signed a Memorandum of Agreement (MOA) with ENAIRE. Through this agreement, ENAIRE will begin investigating the safety, efficiency and environmental benefits of deploying space-based automatic dependent surveillance-broadcast (ADS-B) technology in its airspace. ENAIRE controls more than 2.2 million square kilometres of airspace including the Iberian Peninsula, minus Portugal, the North Atlantic, Western Mediterranean, Ceuta and Melilla, the Canary and Balearic archipelago. Through this airspace, ENAIRE manages approximately 2 million flights per year that include routes over oceanic airspace including the northern portion of the Madrid Flight Information Region (FIR) and the majority of the Canary FIR. Space-based ADS-B would for the first time offer ENAIRE 100%, real-time visibility for all of its airspace, including remote and oceanic regions. Aireon's space-based ADS-B system is scheduled for completion in 2018, upon total deployment of the Iridium® NEXT satellite constellation.

Aireon Launches First ADS-B Hosted Payload and Begins Testing and Validating Data

Aireon has announced that it has formally received control of the first Automatic Dependent Surveillance-Broadcast (ADS-B) payload hosted on an Iridium Next satellite. This is a major milestone on the path toward 100% global air traffic surveillance. Aireon now begins a rigorous, in-depth testing and validation process, verifying the capability of the ADS-B payloads. The company also announced that Thales has officially begun the testing and validation of the ADS-B data. With the Aireon system now receiving initial air traffic information from its first orbiting satellites, Thales will independently validate the space-based ADS-B air traffic surveillance data. This collaboration will include an assessment of technical performance, defining requirements associated with utilization of the data safely and reliably, as well as determining the impact the service will have on existing maintenance and operational processes. The Memorandum of Understanding (MOU) was the first agreement signed between Aireon and an air traffic management automation platform provider. In late January, the first "power-on" for the Aireon ADS-B payload was performed to validate launch survival and run a self-diagnostic systems check. During this systems check, Aireon did not expect to see any aircraft, however the payload antennas were active and the company detected150 ADS-B aircraft over multiple-passes with thousands of ADS-B messages received and decoded. Aireon's space-based ADS-B system will be operational in 2018, shortly after completion of the Iridium Next satellite constellation. The service will provide Air Navigation Service Providers (ANSPs) with global air traffic surveillance and airlines with real-time flight tracking. It is expected to help reduce fuel costs, increase safety, and enable more efficient flight paths. SpaceX launched thefirst 10 Iridium Next satellitescarrying the Aireon hosted-payloads into Low-Earth Orbit (LEO) from Vandenberg Air Force Base on a Falcon 9 rocket, on January 14. Seven additional SpaceX launches are scheduled to take place over the next 12 to 15 months, including the second launch now targeted for mid-June. In total, the operational constellation consists of 66 satellites, while the remaining nine launched will serve as on-orbit spares.

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