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Iridium Communications Inc. (0JDO.L)

LSE - LSE Delayed price. Currency in USD
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41.04-1.46 (-3.44%)
At close: 3:43PM BST
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  • R
    Robert
    iridium is high orbit and fully functional. Space x is low orbit and requires hundreds of satellites. Softbank isinvoled in mid range satellites. Room for all 3 as Streaming is the CREAK cocaine of the 21zt century and there is explosive need/demand worldwide.
  • h
    hemken
    The time to make a move is now because the markets are headed for a crash. Do you know what stocks you should be in when the bottom falls out? If not check out this free newsletter that sends one stock a week. Just go to (http://tradingstrategys.com) to join for free!
  • S
    Scamy
    @Robert
    NO - They are all low earth orbit. Iridium is a mobile satellite service first and foremost. The other systems target a differ use case. For example, Starlink wouldn’t know what to do with a low power IoT client, whereas Iridium’s system is designed for that use case.
  • Y
    Yahoo Finance Insights
    IRDM is up 5.01% to 39.44
  • A
    ABCDEFG
    Beat and raise only gets us back to $39? This market is done.
  • A
    ABCDEFG
    Thursday this past week, a crew of 6 men whose boat took on water and sank in cold New Jersey water 30 miles offshore initially got no help with a “mayday” call on their VHF. But, when they put out a distress call on their Garmin InReach over Iridium’s satellite network, other boats came to their precise location and saved them! This is the future.
  • E
    EagleFan
    With Qualcomm as a partner, Iridium will be able to connect 5G enabled cell phones to their satellite networks. This means if you leave a coverage area for your provided, you can send and receive small data packets like text messages via the satellite network. This is particularly useful for IoT applications or for emergencies.
    At the end of 2021, Iridium will have just under 2 million subscribers. By the end of 2022 they will have tens of millions and by 2023, hundreds of millions. This is a true hockey stick growth opportunity curve.
  • A
    Ali
    How is IRDM so overlooked? Minting money, cash cow for foreseeable future, and the stock is stuck....🤔
  • J
    Jeff
    I see SpaceX is planning global coverage by this September. Looks like IRDM won't be the only global coverage at that point. Wonder how it will effect IRDM stock price?
    https://www.cnet.com/home/internet/spacexs-starlink-satellite-internet-service-expects-global-coverage-this-fall/
  • E
    EagleFan
    Just watched the IRDM investor day presentation. They talked around the cell phone opportunity without mentioning the potential partner. Qualcomms new Snapdragon x65 may have just fallen into the laps of IRDM's management. Qualcomm's newest high end modem now works across a broad range of frequencies, including the IRDM product. So starting at the end of 2021, cell phones could use the IRDM network when the user is outside of traditional cell phone range. Only 15% of world has cell coverage, IRDM covers the rest. This would only work for small data transmission or transactions, maybe even pictures, not for phone calls. Still a massive opportunity. Management seems to be a little cagey about the opportunity but they did outline the TAM (total addressable market). The attached article may have some merit. I'm now very bullish over the next 6 months.

    https://awresearch.medium.com/irdm-iridium-signed-an-exclusive-agreement-with-qualcomm-600-upside-potential-a0b84f114ff0
    by Afterwest Exclusive Research & Analytics
    by Afterwest Exclusive Research & Analytics
    awresearch.medium.com
  • 2
    2C
    This chart is beautiful! 🌎
  • R
    Rubin
    Orange Capital Invest did a deep analysis on IRDM on YouTube
  • Y
    Yahoo Finance Insights
    IRDM is up 6.27% to 41.50
  • J
    Jeo
    Is Musk's Starlink competing with IRDM? Any insight?
  • E
    Eric
    No, completely different business model and target customer
  • P
    PCSTEL
    Tomorrow March 12th starts the ATM World Congress in Spain.

    Look for more positive Press Releases regarding integration of Aireon into ATM systems.. Like the recent announcement by Adacel regarding completion of integration by Adacel of Aireon which is a very important checkbox for FAA as their systems handle all the Oceanic regions for the FAA.

    http://www.adacel.com/press/2019/2019_World_ATM-Aireon_Release-final.pdf

    Map of Adacel based ATM systems in use today.. Oakland Oceanic, Anchorage Oceanic, New York Oceanic, New Zealand, Fiji, Nadi FIR's, Reykjavik

    http://www.adacel.com/Assets/05-07-2018%20Zone%20Map.jpg
  • P
    PCSTEL
    A very salient point that should be considered here. Up to now. The focus has been on Aireons ADS-B capability over water outside of land based ADS-B systems. But, here we have an excellent example of the overall diagnostic capability of commercial aircraft flight data over LAND. The ability for the FAA to access flight data on any flight over foreign soil or ocean is an invaluable asset. Your data integrity is 100% guaranteed. You don't have to rely on data provided by a foreign government or agency. So instead of only needing Aireon for Oceanic flights.. Now Aireon is also highly valuable for over land flights.

    I mean Boeing has stated that they will have a fix for the issue in about 10 days.. The Black Box which was very compromised is only now being explored. Which means Boeing has also reviewed the Aireon Data as part of the fault process. Getting the affected planes modified and return to air is worth Billions of dollars to Boeing. Aireon is quickly becoming a National Asset.

    PCSTEL
  • D
    Daniel
    According to the CEO on CNBC last week IRDM has completed the launch of all 66 satellites and has all the ground stations in place. So, again, according to the CEO on CNBC last week IRDM's free cash flow as a result of the capital expenditures have been completed for the next 10 years starting in 2019. If all this is true then investors should see big expansions in free cash flow. Again, we will find out a lot from the next earnings call later this month. Forward projections should reflect what the CEO was claiming on CNBC last week.
  • E
    EagleFan
    To the shorts, does this qualify as a "rip your face off rally" ?

    Rust, Oneweb very different. Different market, consumer, technology, spectrum, frequency, etc. There are number of others in the Oneweb space including Elon Musk. This may take some of Iridiums market but not the lion's share. It may also add some business to Iridium as some of these other constellations could partner with Iridium. Really, Oneweb is not the concern for the future stock price of Iridium. The real question, can they grow sales to meet higher market valuations/expectations? We will see if they can do this while the others are still planning their constellations. You have been in this stock for some time. I believe that you have more time to make a decision at a modest risk/good upside.
  • B
    Bob
    Iridium enjoyed solid revenue and subscriber growth to start 2019, driven predominantly by strength in commercial services.  New contributions from hosted payloads and continued momentum in commercial IoT are expected to be a tailwind to our business and support OEBITDA growth for the remainder of the year," said Matt Desch, CEO, Iridium.