Tag Archives: Matt Desch

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.

TYSONS CORNER, VA, March 4, 2020 — Iridium Communications (Nasdaq: IRDM) has released an updated version of its satellite service intended to provide L-band broadband connectivity for global maritime communications, ExecutiveGov reported Thursday.

Executive Mosaic is honored to present Matt Desch, CEO of Iridium Communications, as an inductee into the 2020 edition of the Wash100 Award for advancing new satellite, the internet of things and cloud technologies while driving revenue for Iridium. 

TYSONS CORNER, VA, February 6, 2020 — Iridium Communications (Nasdaq: IRDM) collaborated with Amazon Web Services to introduce a service that will enable clients to use internet-of-things platforms on a global level though satellite-enabled cloud technology, GovCon Wire reported Jan. 29.

Executive Mosaic, the leading executive media and events company in the government contracting “GovCon” industry, announced the 2020 winners of the highly coveted and prestigious Wash100 Award. The full list of winners and more information about the award can be found on Wash100.com. 

The International Maritime Organization has authorized Iridium Communications to provide Global Maritime Distress and Safety System satellite services for the UN agency’s maritime emergency operations.

Matt Desch, CEO of Iridium Communications and a 2019 Wash100 award recipient, told Bloomberg in an audio interview posted Tuesday about the company’s use of SpaceX-built rockets and the role of the private sector in space exploration. He said SpaceX and other launch service providers have helped drive down the cost for a lot of satellite suppliers.

Satelles, a Reston, Va.-based satellite time and location services provider, has raised $26M in a round of Series C financing led by C5 Capital and will use the investment to advance product development and expand its partner network and sales and marketing initiatives.

Iridium Communications has revealed the first batch of beta partners for the development of devices based on the company’s Certus 9770 transceiver.

Iridium Communications and Amazon Web Services are set to deploy a satellite cloud-based offering for internet-of-things users in September, Capacity Media reported Monday.

Iridium Communications CEO Matt Desch said he believes the industry needs new regulations that would mitigate failed satellites and other space debris in orbit, Space Intel Report reported Wednesday. Desch, a 2019 Wash100 winner, said those regulations should include a policy that would ground satellite and rocket developers in the event of an in-orbit failure and require them to determine the cause of the problem.

Iridium Communications has received a Mobile Satellite Users Association award for a satellite-powered global broadband service that facilitates wireless communications for government agencies, enterprises and individuals.

TYSONS CORNER, VA, February 11, 2019 — Iridium Communications (Nasdaq: IRDM) has hired Suzi McBride, most recently chief operating officer of OneWeb who served as a vice president at Iridium three years ago, to return to the company as COO, GovCon Wire reported Feb. 4. McBride, whose appointment took effect Monday, …

Iridium Communications on Wednesday declared the completion of the $3B Iridium NEXT satellite constellation at a press conference at the National Press Club in Washington, D.C. "The completion of the Iridium NEXT program signifies a new chapter in the Iridium story, one that sees us transforming from a big cash spender to a big cash generator," Iridium CEO Matt Desch said in a statement published Wednesday.
 

Executive Mosaic is honored to introduce Matthew Desch, CEO of Iridium Communications, as an inductee into the 2019 Wash100 — Executive Mosaic’s annual selection of most influential voices in the government contracting arena — for his efforts growing revenue and continued growth for the company. This marks the fifth consecutive Wash100 award for Desch.