Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $6.83 USD
Change Today +0.11 / 1.64%
Volume 766.0K
As of 4:30 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

iridium communications inc (IRDM) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/16/15 - $11.36
52 Week Low
10/2/15 - $5.85
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

iridium communications inc (IRDM) Related Businessweek News

View More BusinessWeek News

iridium communications inc (IRDM) Details

Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide. It offers postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; and machine-to-machine services for sending and receiving data from fixed and mobile assets in remote locations to a central monitoring station. The company also provides other services, such as inbound connections from the public switched telephone network, short message services, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, it offers voice and data solutions, including personnel tracking devices; asset tracking devices for equipment, vehicles, and aircraft; aircraft and submarine communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence community, such as secure satellite handsets, as well as offers voice, netted voice, data, messaging, and paging services; and maintenance services for the department of defense’s dedicated gateway. Further, the company provides satellite handsets, personal connectivity devices, Wi-Fi accessories, voice and data modems, broadband data devices, and machine-to-machine data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units; and engineering and support services. The company sells its products and services to commercial end users wholesale distribution network, service providers, value-added resellers, and value-added manufacturers. As of December 31, 2013, it had approximately 739,000 billable subscribers. The company was founded in 2000 and is headquartered in McLean, Virginia.

233 Employees
Last Reported Date: 02/26/15
Founded in 2000

iridium communications inc (IRDM) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $800.0K
Chief Financial Officer, Chief Administrative...
Total Annual Compensation: $480.0K
Chief Operating Officer
Total Annual Compensation: $420.0K
Chief Legal Officer and Secretary
Total Annual Compensation: $316.1K
Executive Vice President of Sales & Marketing
Total Annual Compensation: $312.5K
Compensation as of Fiscal Year 2014.

iridium communications inc (IRDM) Key Developments

MiX Telematics Partners with Iridium Communications Inc. to Offer Fleet Customers Reliable and True Global Coverage

MiX Telematics announced its global partnership with Iridium Communications Inc. at BAUMA CONEXPO, an exhibition being held this September 15-18, 2015, in Johannesburg, South Africa. The relationship extends MiX Telematics' mobility offering to include a reliable, cost-effective and complimentary global satellite communication alternative, to terrestrial solutions. While mobile coverage across the globe is growing strongly, it is still largely immature in many rural/under-developed areas. And given that road transport is still a prominent - if not leading - mode of goods transportation, the need for full visibility of vehicle fleets at all times is higher than ever. Thus, a network that covers the entire earth's surface, such as Iridium, is needed. Through leveraging the Iridium network and M2M solutions, fleet managers will be able to track and manage their valuable assets and personnel regardless of their location, including remote and rural areas.

Iridium Communications Inc. Declares Cash Dividend on 6.75% Series B Cumulative Perpetual Convertible Preferred Stock for the Period from June 16, 2015 to September 15, 2015, Payable on September 15, 2015

On August 7, 2015, Iridium Communications Inc. announced that its board of directors had declared a cash dividend on its 6.75% Series B Cumulative Perpetual Convertible Preferred Stock of $4.21875 per share, representing a dividend for the period from and including June 16, 2015 through September 15, 2015. The dividend is payable on September 15, 2015, to all stockholders of record as of September 1, 2015.

Iridium Communications Inc. Announces the Milestone in the Development of Next-Generation Iridium Certus Broadband Service

Iridium Communications Inc. announced the latest milestone in the development of their next-generation Iridium Certus broadband service with the delivery of the first Broadband Core Transceiver (BCX) prototypes for interoperability testing on the Iridium NEXT satellite network infrastructure. Designed by product development firm Cambridge Consultants, the prototypes will be used by Iridium's manufacturing partners to design, build and distribute products compatible with the new broadband capabilities enabled by the Iridium NEXT network, scheduled to begin launching in late 2015 with commercial service expected in late 2016. The BCX module will provide a significant advancement from Iridium's current-generation broadband products and offers a streamlined form factor, at approximately 75% of the first-generation Iridium broadband equipment size, while initially supporting triple the data speeds of the current service. The BCX will be made available to the Iridium Certus broadband manufacturing partners that Iridium announced earlier this year. Iridium is working closely with terminal manufacturers to introduce innovative solutions for affordable mobile broadband, with an addressable market of more than 750,000 potential subscribers across the aeronautical, maritime and land mobile markets. Iridium will make the BCX prototypes available to manufacturers as part of the Iridium Certus Integrator Development Kits and will assist product development efforts with technical support and testing services. BCX production deliveries are planned for the first half of 2016, and commercial availability of the Iridium Certus broadband service is anticipated to begin in late 2016.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IRDM:US $6.83 USD +0.11

IRDM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Furuno Electric Co Ltd ¥925.00 JPY +27.00
KVH Industries Inc $10.22 USD -0.09
ORBCOMM Inc $6.55 USD +0.33
RR Media Ltd $8.26 USD +0.02
KEYW Holding Corp/The $7.10 USD 0.00
View Industry Companies

Industry Analysis


Industry Average

Valuation IRDM Industry Range
Price/Earnings 11.4x
Price/Sales 1.6x
Price/Book 0.5x
Price/Cash Flow 4.3x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IRIDIUM COMMUNICATIONS INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at