News

Iridium Communications launched a first to market PNT ASIC chip designed to counter GPS and GNSS spoofing and jamming. The chip targets critical sectors such as aviation, maritime, telecommunications, and financial services where resilient timing and location data are essential. This commercial release brings Iridium's satellite capabilities directly into hardware used by major integrators globally. For investors tracking Iridium Communications (NasdaqGS:IRDM), this chip launch sits...

Rocket Lab said on Monday ‌it would acquire ‌satellite communications provider Iridium Communications ​in a cash-and-stock deal valued at about $8 billion, marking one of the ‌biggest ⁠consolidation moves in the commercial space industry. Iridium ⁠shareholders will receive $27 in cash and Rocket ​Lab shares, ​with ​a combined ‌value of $54 per Iridium share. The deal is expected to close in mid-2027.

Iridium Communications (NasdaqGS:IRDM) announced that Mlink Technology's MS150-IR chipset has progressed to live, on-orbit testing using the Iridium NTN Direct service. The company also launched the Iridium 9604 module and Development Kit, aimed at supporting global multi-mode Internet of Things connectivity. Both announcements relate to Iridium's satellite powered IoT offering, including direct-to-device and hybrid satellite cellular solutions. Iridium Communications operates a global...