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Latest Federal & Government Contracting Companies' News Coverage

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Iridium Communications looks to send five backup satellites to space by availing cost-effective, rideshare opportunity and anticipates a potential $35 million deal for the launch service, SpaceNews reported Thursday. Matt Desch, CEO of Iridium and a 2022 Wash100 Award recipient, said the plan to deploy the majority of the six ground spares is meant to […] More
Senior officials at Iridium Communications said the U.S. Space Force is interested in adopting the company’s satellite broadband communications services as the military branch advances the Joint All Domain Command and Control concept, Breaking Defense reported Friday. Scott Scheimreif, executive vice president for government programs at Iridium, said the company intends to provide the Space […] More
TYSONS CORNER, VA, March 10, 2022 — Iridium Communications recorded a 5 percent total revenue growth to $614.5 million for the full-year 2021 and reported $378.2 million in operational earnings before interest, tax, depreciation and amortization during the same year, GovCon Wire reported. Matt Desch, CEO of Iridium and a 2022 Wash100 Award winner, said […] More
Executive Mosaic has named Matt Desch, CEO of Iridium Communications, as one of the recipients of the 2022 Wash100 Award for his leadership and efforts to achieve company growth in the mobile satellite service market. This marks the eighth consecutive year Desch was included in Executive Mosaic’s annual list of notable government contracting officials and […] More
Iridium Communications has supported the U.S. Army Reserve’s Monuments Officers program in its effort to identify, protect and preserve cultural heritage sites in Honduras by providing satellite connectivity and push-to-talk technology. A team of Monument Officer archaeologists deployed in Honduras used Iridium PTT handsets to communicate with the Virginia Museum of Natural History‘s Cultural Heritage […] More
Iridium Communications has introduced its Certus 100 midband satellite service to support government, maritime, internet of things, land mobile and aviation customers. Iridium Certus 100 launches with several portable, battery-powered products from the company’s partners that can be integrated as an onboard satellite communications system for connected vehicles, aircraft and vessels, Iridium said Wednesday. SkyLink […] More
Matt Desch, CEO of Iridium Communications and a 2021 Wash100 Award winner, said he believes the entire satellite industry will benefit from all the innovation in low-Earth orbit satellite constellations, Via Satellite reported Tuesday. “It’s making stuff cheaper and making stuff better. My next satellites are going to cost a lot less to build than […] More
Iridium Communications has partnered with MetOcean Telematics and provided the Canadian Coast Guard with Certus Thales VesseLINK marine satellite broadband terminals in an effort to enhance the service branch’s internet reliability in the high Arctic region. The Iridium network will work on supporting the coordination of the Coast Guard ships and crew members to the […] More
DDK Positioning has received an undisclosed amount of investment from Iridium Communications as the former looks to expand global navigation satellite system-enabled service offerings. The two companies have an existing partnership that offers a GNSS positioning accuracy of up to 5 centimeters and supports various industrial applications using Iridium’s satellite communications network, the satcom provider […] More

Executive Mosaic is pleased to introduce Matt Desch, CEO of Iridium Communications, as an inductee into the 2021 edition of the Wash100, for stewarding the company through the launch of its broadband service upgrade, satellite cloud-based offering for internet of things and maritime emergency response system. This marks Desch's seventh consecutive Wash100 Award.

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Iridium has announced its second quarter 2020 financial results on Tuesday, reporting a net loss of $12.4 million, compared to net loss of $18.1 million for the second quarter of 2019. The company's operational EBITDA for the second quarter was $85.3 million, compared to $85.1 million for the prior-year period.

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