About Iridium Communications
Iridium Communications is a company based in Mclean (United States) founded in 2001.. The company has 873 employees as of December 31, 2024. Iridium Communications has completed 1 acquisition, including Satelles. Iridium Communications offers products and services including Satellite Phones, Broadband Terminals, and Push-To-Talk Devices. Iridium Communications operates in a competitive market with competitors including ViaSat, SES Satellites, Astroscale, Inmarsat and SpeedCast, among others.
- Headquarter Mclean, United States
- Employees 873 as on 31 Dec, 2024
- Stage Public
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Sectors
Aerospace, Defense & MaritimeTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Iridium Communications Inc
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Annual Revenue
$830.68 M5.05as on Dec 31, 2024
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Net Profit
$112.78 M631.6as on Dec 31, 2024
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EBITDA
$406.61 M1.24as on Dec 31, 2024
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Latest Funding Round
$22.11 K (USD), Grant
Jan 01, 2020
- Investors
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Employee Count
873
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Iridium Communications
Iridium Communications is a publicly listed company on the NASDAQ with ticker symbol IRDM in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Iridium Communications
Iridium Communications offers a comprehensive portfolio of products and services, including Satellite Phones, Broadband Terminals, and Push-To-Talk Devices. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for global voice and data transmission in remote areas.
Terminals providing satellite-based internet access worldwide.
Devices enabling instant group communications via satellite.
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Software Development Team
70 people
Leadership Team
42 people
Sales and Marketing
18 people
Senior Team
12 people
Human Resources and Administration
9 people
Product Management Team
7 people
Operations Team
6 people
Finance and Accounting
6 people
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Funding Insights of Iridium Communications
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $22,111
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First Round
First Round
(01 Jan 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Grant - Iridium Communications | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Iridium Communications
Iridium Communications has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iridium Communications
Iridium Communications has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Satelles. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Satellite time and location solutions are provided for various industries.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Iridium Communications
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iridium Communications Comparisons
Competitors of Iridium Communications
Iridium Communications operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ViaSat, SES Satellites, Astroscale, Inmarsat and SpeedCast, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
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| domain | founded_year | HQ Location |
Satellite-based communication services are delivered via MEO constellation.
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| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
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| domain | founded_year | HQ Location |
Satellite-based communication services for data and voice are provided globally.
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| domain | founded_year | HQ Location |
Satellite connection services are provided for remote and global applications.
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| domain | founded_year | HQ Location |
Integrated telecom and IPTV services are provided in Singapore.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iridium Communications
Frequently Asked Questions about Iridium Communications
When was Iridium Communications founded?
Iridium Communications was founded in 2001 and raised its 1st funding round 19 years after it was founded.
Where is Iridium Communications located?
Iridium Communications is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
How many employees does Iridium Communications have?
As of Dec 31, 2024, the latest employee count at Iridium Communications is 873.
What is the annual revenue of Iridium Communications?
Annual revenue of Iridium Communications is $830.68M as on Dec 31, 2024.
What does Iridium Communications do?
Iridium Communications was founded in 2001 and is headquartered in McLean, United States. Satellite-based broadband, voice, and data communication systems are offered worldwide, with pole-to-pole coverage. Equipment and service access are supplied to broadcasters, telecom operators, video providers, ISPs, and government agencies. Operations rely on a constellation of low-earth orbiting, cross-linked satellites forming a meshed network, backed by in-orbit spares. Geo-positioning products are also available.
Who are the top competitors of Iridium Communications?
Iridium Communications's top competitors include Astroscale, ViaSat and Astranis.
What products or services does Iridium Communications offer?
Iridium Communications offers Satellite Phones, Broadband Terminals, and Push-To-Talk Devices.
Is Iridium Communications publicly traded?
Yes, Iridium Communications is publicly traded on NASDAQ under the ticker symbol IRDM.
How many acquisitions has Iridium Communications made?
Iridium Communications has made 1 acquisition, including Satelles.
Who are Iridium Communications's investors?
Iridium Communications has 1 investor. Key investors include European Union.
What is Iridium Communications's ticker symbol?
The ticker symbol of Iridium Communications is IRDM on NASDAQ.
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