Iridium Communications Overview
- Year Founded
-
1988
- Status
-
Public
- Employees
-
881
- Stock Symbol
-
IRDM
- Investments
-
6
- Share Price
-
$23.77
- (As of Thursday Closing)
Iridium Communications General Information
Description
Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.
Contact Information
Website
www.iridium.comCorporate Office
- 1750 Tysons Boulevard
- Suite 1400
- McLean, VA 22102
- United States
Corporate Office
- 1750 Tysons Boulevard
- Suite 1400
- McLean, VA 22102
- United States
Iridium Communications Timeline
Iridium Communications Stock Performance
As of 17-Apr-2025, Iridium Communications’s stock price is $23.77. Its current market cap is $2.58B with 109M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $23.77 | $23.83 | $22.18 - $35.85 | $2.58B | 109M | 1.34M | $0.95 |
Iridium Communications Financials Summary
As of 31-Dec-2024, Iridium Communications has a trailing 12-month revenue of $831M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 4,939,048 | 4,939,048 | 6,511,736 | 7,828,290 |
| Revenue | 830,682 | 830,682 | 790,723 | 721,034 |
| EBITDA | 404,045 | 404,045 | 405,640 | 379,083 |
| Net Income | 112,776 | 112,776 | 15,415 | 8,722 |
| Total Assets | 2,671,471 | 2,671,471 | 2,661,775 | 2,954,011 |
| Total Debt | 1,790,885 | 1,790,885 | 1,482,490 | 1,487,185 |
Iridium Communications Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Iridium Communications Comparisons
Industry
Financing
Details
Iridium Communications Competitors (33)
One of Iridium Communications’s 33 competitors is Globalstar, a Pending Transaction (M&A) company based in Covington, LA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Globalstar | Pending Transaction (M&A) | Covington, LA | ||||
| ViaSat | Corporation | Carlsbad, CA | ||||
| Asia Satellite Telecommunications | Private Equity-Backed | Hong Kong, Hong Kong | ||||
| L-3 GCS | Corporation | Victor, NY | ||||
| Telemar (Italy) | Private Equity-Backed | Helsinki, Finland |
Iridium Communications Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Iridium Communications Patents
Iridium Communications Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230103546-A1 | Identifying wireless communications connection options | Pending | 01-Oct-2021 | ||
| EP-4409774-A1 | Identifying wireless communications connection options | Pending | 01-Oct-2021 | ||
| US-20220209800-A1 | Wireless communication with interference mitigation | Active | 31-Dec-2020 | ||
| US-11381266-B1 | Wireless communication with interference mitigation | Active | 31-Dec-2020 | ||
| US-20230067483-A1 | Wireless communication with interference mitigation | Active | 31-Dec-2020 | H04B1/10 |
Iridium Communications Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Iridium Communications Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Iridium Communications Investments & Acquisitions (6)
Iridium Communications’s most recent deal was a Merger/Acquisition with Satelles for . The deal was made on 02-Apr-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Satelles | 02-Apr-2024 | Merger/Acquisition | Network Management Software | ||
| Poseidona | 18-Mar-2024 | Seed Round | Food Products | ||
| Satelles | 06-Feb-2023 | Later Stage VC | Network Management Software | ||
| DDK Positioning | 24-May-2021 | Corporate | Media and Information Services (B2B) | ||
| Satelles | 09-Oct-2019 | Later Stage VC | Network Management Software |
Iridium Communications ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
24.86 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Telecommunication Services
Industry
of 210
Rank
Percentile
Telecommunication Services
Subindustry
of 210
Rank
Percentile
Iridium Communications Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Satelles | Reston, VA | 2008 |
Iridium Communications FAQs
-
When was Iridium Communications founded?
Iridium Communications was founded in 1988.
-
Where is Iridium Communications headquartered?
Iridium Communications is headquartered in McLean, VA.
-
What is the size of Iridium Communications?
Iridium Communications has 881 total employees.
-
What industry is Iridium Communications in?
Iridium Communications’s primary industry is Other Communications and Networking.
-
Is Iridium Communications a private or public company?
Iridium Communications is a Public company.
-
What is Iridium Communications’s stock symbol?
The ticker symbol for Iridium Communications is IRDM.
-
What is the current stock price of Iridium Communications?
As of 17-Apr-2025 the stock price of Iridium Communications is $23.77.
-
What is the current market cap of Iridium Communications?
The current market capitalization of Iridium Communications is $2.58B.
-
What is Iridium Communications’s current revenue?
The trailing twelve month revenue for Iridium Communications is $831M.
-
Who are Iridium Communications’s competitors?
Globalstar, ViaSat, Asia Satellite Telecommunications, L-3 GCS, and Telemar (Italy) are some of the 33 competitors of Iridium Communications.
-
What is Iridium Communications’s annual earnings per share (EPS)?
Iridium Communications’s EPS for 12 months was $0.95.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
