Iridium Communications INC

Market Movers (8-K)

NASDAQ
Iridium Communications Inc. reported a 4% revenue increase in Q2 2026, with total revenue reaching $225.2 million, while net income decreased due to transaction costs, as the company awaits its acquisition by Rocket Lab.
NASDAQ
Iridium Communications Inc. announced the completion of its acquisition of Aireon Holdings LLC, funded by a $366.7 million purchase price, including a $183.36 million interest-free loan from sellers.
NASDAQ
Rocket Lab Corporation announced its definitive agreement to acquire Iridium Communications Inc. for approximately $8 billion in a cash and stock transaction, aiming to create a vertically integrated space powerhouse.
Capital raise
NASDAQ
Iridium Communications stockholders approved the Amended and Restated 2015 Equity Incentive Plan and elected eleven directors at the 2026 Annual Meeting.
NASDAQ
Iridium Communications Inc. announced its definitive agreement to acquire the remaining 61% of Aireon LLC for approximately $366.7 million, unifying the world's only space-based air traffic surveillance system with its satellite network.
NASDAQ
Iridium Communications Inc. reported first quarter 2026 results with total revenue increasing 2% year-over-year to $219.1 million, while OEBITDA saw a 5% decrease to $116.3 million.

Quarterly Earnings (10-Q)

NASDAQ
Iridium Communications reports mixed Q2 2026 results with increased SG&A due to merger and acquisition costs, impacting net income, while services revenue shows growth.
Capital raise
Worse than expected
NASDAQ
Iridium Communications Inc. reported a 2% increase in total revenue for Q1 2026, driven by services and engineering, but net income saw a 29% decrease.
Worse than expected
NASDAQ
Iridium Communications Inc. reported a significant increase in net income and revenue for Q3 2025, driven by strong performance in engineering and support services and commercial IoT data.
Delay expected
Better than expected
NASDAQ
Iridium Communications Inc. reported a 7% increase in total revenue and an 18% rise in operating income for the first half of 2025, driven by robust engineering and support services and IoT growth, while also increasing its quarterly dividend.
Better than expected
NASDAQ
Iridium Communications Inc. announces a solid first quarter in 2025, with revenue growth fueled by increased demand for services and strategic acquisitions.
Better than expected
NASDAQ
Iridium Communications Inc. announced a significant increase in net income for the third quarter of 2024, driven by subscriber growth, strategic acquisitions, and reduced depreciation expenses.
Better than expected

Annual Reports (10-K)

NASDAQ
Iridium Communications Inc. reported a 5% increase in total revenue to $871.7 million for 2025, driven by subscriber growth and new service development, while pausing share repurchases for financial flexibility.
Better than expected
NASDAQ
Iridium Communications Inc. announces a 5% increase in total revenue for 2024, reaching $830.7 million, fueled by an 8% rise in billable subscribers and strategic initiatives like the acquisition of Satelles.
Better than expected
NASDAQ
Iridium Communications Inc. reports a 10% increase in total revenue, reaching $790.7 million in 2023, driven by growth in commercial and government sectors.

Insider Trading (Form 4)

NASDAQ
Donald Lee Thoma, EVP, Aireon of Iridium Communications Inc., received 41,949 shares of common stock on July 10, 2026.
NASDAQ
Iridium Communications Inc. has finalized its acquisition of the remaining 61% of Aireon Holdings LLC for approximately $366.7 million, funded partly by a $183.36 million interest-free loan from the sellers.
NASDAQ
Rocket Lab has acquired Aireon, a joint venture of Iridium Communications, integrating its space-based ADS-B surveillance services into Rocket Lab's end-to-end space company vision.
Delay expected
NASDAQ
Monique S. Shivanandan, a Director at Iridium Communications Inc., acquired dividend equivalent rights on June 30, 2026, related to her restricted stock units.
NASDAQ
Iridium Communications Inc. reports that Director Kay Sears acquired dividend equivalent rights related to her restricted stock units.
NASDAQ
Iridium Communications Inc. director Leon Anthony Frazier acquired dividend equivalent rights on restricted stock units, reflecting accrued dividends on common stock.

Proxy Statements (Def-14A)

NASDAQ
Iridium Communications Inc. has filed its 2026 proxy statement, seeking shareholder approval for director elections, executive compensation, and an increase in equity plan shares.
NASDAQ
Iridium Communications is asking stockholders to approve an amended equity incentive plan and a change to the company's certificate of incorporation to limit officer liability.
NASDAQ
Iridium Communications Inc. has released its proxy statement detailing the agenda and procedures for its upcoming virtual Annual Meeting of Stockholders on May 21, 2024.

Schedule 13D - Activist Investments

NASDAQ
Baralonco Limited filed an amendment to its Schedule 13D to correct an administrative error regarding its beneficial ownership of Iridium Communications Inc. common stock.
NASDAQ
A major shareholder group in Iridium Communications Inc. has updated its Schedule 13D filing, reiterating its significant stake and potential for strategic discussions without intent to control.
NASDAQ
Baralonco Limited, a significant beneficial owner of Iridium Communications Inc., has pledged 10 million shares of common stock as security for a $160 million term facility obtained by Mawarid Holding Company.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Vanguard Portfolio Management has reported beneficial ownership of 5.81% of Iridium Communications Inc. common stock as of March 31, 2026.
NASDAQ
The Vanguard Group has reported zero beneficial ownership in Iridium Communications Inc. following an internal realignment on January 12, 2026, leading to disaggregated reporting by its subsidiaries.
NASDAQ
The Vanguard Group has filed an amendment to its Schedule 13G, disclosing a 10.25% beneficial ownership in Iridium Communications Inc. common stock following an internal realignment.
NASDAQ
Silver Heights Capital Management Inc. has reported a 5.01% beneficial ownership stake in Iridium Communications Inc. as of December 31, 2025.
NASDAQ
Silver Heights Capital Management Inc. has reported a 5.01% beneficial ownership stake in Iridium Communications Inc. common stock.
NASDAQ
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 12.5% beneficial ownership stake in Iridium Communications Inc., totaling 13,072,774 common shares.