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Technology Stocks
An SI Board Since March 2019
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Emcee:  pcstel Type:  Moderated
Welcome to the Iridium NEXT / CERTUS / AIREON Discussion forum.
This is a CLOWN FREE zone!
Pull up a chair to the Roulette Wheel and stay awhile.

Original Iridium went Bankrupt in one of the greatest technology flops in history.
In May of 2009, Time Magazine called named it to it's "Top Ten Biggest Tech Failures of the last Decade"

Now it's time for round two. Against overwhelming odds. Iridium's management has managed to pull off what many of us saw as being impossible. Financing, building and launching a second generation of 66 active satellites before their late 1990 launched first generation satellites failed that only had an original expected 5 year life expectancy. So kudos to Iridium's stellar management. Boy was I wrong!

All the Satellites are now on Orbit. They have several "Anchor tenants" in the US Department of Defense (22 Million a Quarter)
and Aireon Space Based ADSB for worldwide aircraft tracking which Iridium currently holds a 25% equity position.

Place your bets! Will it end up on "00" once again?
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ReplyMessage PreviewFromRecsPosted
15Iridium Announces Closing of $1.45 Billion Refinancing Iridium Communications Ipcstel-November 4
14U.S. Department of Defense Awards Iridium 5-Year Gateway Evolution Contract WortJakeStraw1October 2
13DEFENSE INFORMATION SYSTEMS AGENCY Iridium Government Services LLC., Tempe, Aripcstel-September 13
12Garmin® unveils the all-new GPSMAP® 86 marine handheld series with glopcstel-September 10
11"reduce future amortization requirements and secure a strategic partner to pcstel-September 6
9Iridium Communications Shows Long-Term, Upside Potential realmoney.thestreet.comJakeStraw-May 23
8Iridium Certus® Wins Top Connected Platform Solution Award at SATELLITE 201JakeStraw-May 9
7Iridium Communications' New Satellite Services Are Doing Better Than AnticipJakeStraw-April 26
6Iridium Awarded Gateway Support and Maintenance Contract by the U.S. Department JakeStraw-April 22
5Historic Public Services Agreement Signed as Iridium Continues Readying GMDSS SeJakeStraw-April 16
4Yes, the MSS Pot of Gold always seemed to be over the next Hill whose path is copcstel-March 27
3As I was driving to work this morning I heard a report about the Ethiopian jet tPANLGUY-March 14
2Next-generation satellites gave federal officials key data in Boeing 737 Max invJakeStraw-March 14
1ATM World Congress in Spain opens tomorrow.. Look for Press Releases regarding Apcstel-March 11
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