MCLEAN, Va., Nov. 4, 2019 (Iridium PR) — Iridium Communications Inc. (Nasdaq: IRDM) today announced the closing of a $1.45 billion, seven-year term loan that sets the stage for the company to complete its financial transformation. The new credit agreement formally retires Iridium’s previous credit facility initiated in 2010 and guaranteed by BPI France (formerly COFACE), which enabled Iridium to finance the Iridium® NEXT program. An additional $100 million, five-year revolving loan facility is also included in the new agreement.
MCLEAN, Va., Oct. 1, 2019 (Iridium PR) — Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has been awarded a 5-year, indefinite delivery/indefinite quantity (IDIQ) contract from the Defense Information Systems Agency on behalf of the United States Air Force Space Command (AFSpC) with potential revenues up to $76 million.
Known as the Gateway Evolution Contract (GEC), this contract enables ongoing innovation and critical enhancements for the U.S. Government’s dedicated Iridium gateway. It will enable adoption of the latest technology upgrades, both hardware and software, necessary to address emerging warfighter requirements and to ensure continued operations with the latest state-of-the-art satcom-based capabilities.
MCLEAN, Va., Sept. 16, 2019 (Iridium PR) –Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has been awarded a $738.5 million, seven-year, fixed-price contract with the United States Department of Defense through the U.S. Air Force Space Command (AFSpC) to provide unlimited satellite services from its unique Low Earth Orbit (LEO) constellation.
Through what is known as the AFSpC’s Enhanced Mobile Satellite Services (EMSS) program, Iridium will continue to deliver access to global secure and unsecure voice, broadcast, netted or Distributed Tactical Communications System (DTCS) and select other services for an unlimited number of DoD and associated DoD-approved subscribers.
McLean, VA, U.S.A. & London, U.K., September 17, 2019 (Iridium/OneWeb PR) — Iridium Communications Inc. (NASDAQ: IRDM) and OneWeb today announced they have entered into a Memorandum of Understanding (MoU) to work together toward a combined service offering.
This combined service offering would be designed to make it easier for their mutual partners to offer unique bundling and co-marketing opportunities for the Iridium Certus® L-band services and OneWeb’s Ku-band service. The offering would leverage the strengths of their respective low-Earth-orbit (LEO) networks. This is the first time that LEO operators have collaborated to deliver services in L-band and Ku-band.
Jeff Bezos’ Amazon has jumped into a crowded field of companies seeking to provide high-speed broadband, data and other communications services to the entire globe.
Amazon’s Kuiper constellation of 3,236 satellites brings the total number of spacecraft in the 16 announced systems to 20,241 spacecraft. The competition includes SpaceX, Boeing, Telesat, SES and government-backed companies in China and Russia.
MCLEAN, Va., Sept. 27, 2018 (Iridium PR) —Iridium Communications Inc. (NASDAQ:IRDM) announced today it has joined the Amazon Web Services (AWS) Partner Network (APN) and has been collaborating with AWS on the development of Iridium CloudConnect, the first and only satellite cloud-based solution that offers truly global coverage for Internet of Things (IoT) applications.
VANDENBERG AIR FORCE BASE, Calif. (SpaceX PR) — On Wednesday, July 25, 2018 at 4:39 a.m. PDT, SpaceX successfully launched ten Iridium NEXT satellites from Space Launch Complex 4E (SLC-4E) at Vandenberg Air Force Base in California. This was the seventh set of satellites in a series of 75 total satellites that SpaceX will launch for Iridium’s next generation global satellite constellation, Iridium® NEXT. The satellites began deployment about an hour after launch.
Following stage separation, SpaceX successfully landed Falcon 9’s first stage on the “Just the Read the Instructions” droneship in the Pacific Ocean. (more…)
Launch Vehicle: Falcon 9 Payloads: Iridium Next 56-65 communications satellites Launch Time: 7:39:26 a.m. EDT; 4:39:26 a.m. PDT (1139:26 GMT) Launch Site: Vandenberg Air Force Base, California Webcast: www.spacex.com (Coverage begins 20 minutes before launch)
The timing is perfect for folks on the East Coast and in Europe, but not so much for us out here in California. If I can roll out of bed in time, I’ll try to take some video of the Falcon 9 launch from here in Mojave. No promises.
The launch will be the 13th for the Falcon 9 and the 14th flight overall for Elon Musk’s SpaceX in 2018. The company’s other launch was the successful maiden flight of Falcon Heavy in February.
A successful mission on Wednesday will put the United States in a tie with China with 20 launches apiece this year. The two launches will bring the worldwide total to 61 for the year.
Ariane 5 will be launching for the third time this year. It will also be the fourth launch of 2018 from Kourou.
After a three-week break, SpaceX is gearing up for a busy stretch of launches with three coming up in an 11-day period on opposite sides of the country.
The launch campaign kicks off with an early Sunday morning launch from Cape Canaveral. Falcon 9 will carry Telesat’s Telstar 19 VANTAGE communications satellite, which will provide service to China, India, Southeast Asia and the Pacific Ocean.
A SpaceX Falcon 9 booster blasted off from Vandenberg Air Force Base on Tuesday afternoon and successfully orbited seven satellites.
There were five Iridium-NEXT communications satellites aboard. These were the 51st through 56th Iridium-NEXT spacecraft orbited by Falcon 9 boosters.
A pair of Gravity Recovery and Climate Experiment Follow-On (GRACE-FO) satellites were also onboard. The spacecraft will measure changes in how mass is redistributed within and among Earth’s atmosphere, oceans, land and ice sheets, as well as within Earth itself.
The mission is a join collaboration of NASA and the German Research Centre for Geosciences (GFZ). GFZ reports receiving signals from both GRACE-FO satellites.
MCLEAN, Va., April 09, 2018 (Iridium PR) — Iridium Communications Inc. (NASDAQ:IRDM) announced today that the Iridium-6/GRACE-FO rideshare mission, the sixth Iridium® NEXT launch overall, has been targeted for launch by SpaceX from Vandenberg Air Force Base (VAFB) in California for May 19, 2018 at approximately 1:03 PM PDT (20:03 UTC). An exact instantaneous launch window time will be available closer to launch.
SpaceX successfully launched 10 Iridium Next satellites aboard a Falcon 9 rocket from Vandenberg Air Force Base in California on Friday morning.
Iridium-NEXT satellites 41-50 were successfully deployed from the booster’s second stage about an hour after the launch at 7:13 a.m. PDT. It was the fifth batch of 10 Iridium-NEXT satellites that SpaceX has orbited using three different first stage boosters.