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.Read More »
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.Read More »
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.Read More »
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.Read More »
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, …Read More »
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.
Matt Desch, CEO of Iridium Communications, Chosen to 2019 Wash100 for Satellite Network Completion Leadership
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.Read More »