MCLEAN,
Va., Sept. 12, 2023 /PRNewswire/
-- Iridium Communications Inc. (NASDAQ: IRDM), a leading
provider of global voice and data satellite communications, today
announced it has been awarded a five-year base Indefinite Delivery,
Indefinite Quantity (IDIQ) contract with one five-year option by
the U.S. Space Force for Iridium Certus® services. The
multiple awardee contract is part of a U.S. Proliferated Low Earth
Orbit (PLEO) Satellite-Based Services award and includes multiple
Iridium partners.
Unique in the satellite industry, Iridium Certus is the only
broadband service that provides highly reliable, truly global,
weather-resilient connectivity for on-the-move internet and
high-quality voice access. These features are critically important
for the Joint All Domain Command and Control's (JADC2) Primary,
Alternate, Contingency, and Emergency (PACE) communications
architecture. The award includes Iridium Certus™ terminals and
service, which provide mission-critical broadband and midband
capabilities to the modern warfighter.
Iridium Certus terminals are low-profile and capable of
maintaining broadband connectivity in fast-paced, unpredictable
environments on land, at sea, and in the air — and can do so
without landing communications in non-U.S. territories.
"With over 25 years of experience operating in LEO and
partnering with the Department of Defense, Iridium is thrilled to
expand our relationship with the U.S. Space Force to enable
successful execution of the warfighter's mission," said
Scott Scheimreif, executive vice
president of government programs, Iridium. "We are especially proud
of the increased collaboration between the U.S. government and our
ecosystem of partners who bring their expertise to further enhance
the capabilities of the DoD's SATCOM portfolio. Iridium and our
partners are committed to providing mission critical connectivity
and look forward to working together in support of the DoD's vision
for an integrated SATCOM enterprise."
With its unique satellite network in Low-Earth-Orbit (LEO),
Iridium offers weather-resilient L-band connectivity and
unparalleled global coverage that does not encounter permanent line
of sight blockages faced by geostationary (GEO) systems, helping to
ensure the delivery of mission critical communications for the
Department of Defense and other federal agencies. Whether in
high-risk combat zones or during inclement weather events, the
Iridium® network provides satellite communications that
keep users connected when it's needed most.
To learn more about Iridium, visit: www.iridium.com
About Iridium Communications Inc.
Iridium® is the only mobile voice and data satellite
communications network that spans the entire globe. Iridium enables
connections between people, organizations and assets to and from
anywhere, in real time. Together with its ecosystem of partner
companies, Iridium delivers an innovative and rich portfolio of
reliable solutions for markets that require truly global
communications. In 2019, the company completed a generational
upgrade of its satellite network and launched its specialty
broadband service, Iridium Certus®. Iridium
Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock
trades on the Nasdaq Global Select Market under the ticker symbol
IRDM. For more information about Iridium products, services and
partner solutions, visit www.iridium.com.
Forward-Looking Statements
Statements in this press release that are not purely
historical facts may constitute forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements regarding the term of
the contract with the U.S. Space Force, the services to be provided
and the potential benefits to the U.S. government. Forward-looking
statements can be identified by the words "anticipates," "may,"
"can," "believes," "expects," "projects," "intends," "likely,"
"will," "to be" and other expressions that are predictions or
indicate future events, trends or prospects. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievements of Iridium to differ materially from any future
results, performance or achievements expressed or implied by such
forward-looking statements. These risks and uncertainties include,
but are not limited to, uncertainties regarding customer demand for
Iridium's products and services; Iridium's ability to maintain the
health, capacity and content of its satellite constellation, and
the development of and market for Iridium's products and services,
as well as general industry and economic conditions, and
competitive, legal, governmental and technological factors. Other
factors that could cause actual results to differ materially from
those indicated by the forward-looking statements include those
factors listed under the caption "Risk Factors" in the Company's
Form 10-K for the year ended December 31,
2022, filed with the Securities and Exchange Commission
("SEC") on February 16, 2023, as well
as other filings Iridium makes with the SEC from time to time.
There is no assurance that Iridium's expectations will be realized.
If one or more of these risks or uncertainties materialize, or if
Iridium's underlying assumptions prove incorrect, actual results
may vary materially from those expected, estimated or projected.
Iridium's forward-looking statements are based on information
available to it as of the date of this press release and speak only
as of the date of this press release, and Iridium undertakes no
obligation to update forward-looking statements.
Press Contact:
Jordan
Hassin
Iridium Communications Inc.
Jordan.Hassin@Iridium.com
+1 (703) 287-7421
Twitter: @Iridiumcomm
Investor Contact:
Kenneth Levy
Iridium Communications Inc.
Ken.Levy@Iridium.com
+1 (703) 287-7570
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SOURCE Iridium Communications Inc.