Iridium Communications Inc. is a commercial provider of communications services. Iridium operates the world’s largest commercial constellation with a mesh architecture of 66 operational Low-Earth Orbit satellites to route traffic using radio frequency crosslinks. The inimitable architecture provides impeccable performance by minimizing the need for ground facilities, thereby expanding the global footprint of its services.
The company’s next-gen satellite constellation, Iridium NEXT, enables higher speed for new products and provides service continuity with diverse global broadband offerings, a unique trait that is likely to come in handy with data traffic upsurge amid the coronavirus pandemic.
Being the sole provider of a mobile voice and data satellite communications network, Iridium benefits from a highly lucrative recurring service revenue base. The company has witnessed a steady subscriber growth and mobile penetration backed by an efficient operating model. It is focused on augmenting both commercial and government service revenues in order to leverage its fixed-cost infrastructure.