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Iridium Communications Inc. (0JDO.L)

LSE - LSE Delayed price. Currency in USD
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11.70-30.87 (-72.52%)
At close: 5:23PM BST
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  • R
    Rubin
    Orange Capital Invest did a deep dive on IRDM
  • B
    Bigbadwolfe
    IRDM trading as if it’s Apple’s choice for satellite communication.
  • S
    Scamy
    Rumor is wrong. The Qualcomm chips simply have enabled band n53. This is a sliver of spectrum that was being used by globalstar’s LEO system. But because no one uses their satellites, they thought it best to get this channel re-tasked for TERRESTRIAL cellphone use. (Only authorized for low power short range though). It’s been known for sometime that Qualcomm would enable access to this channel on their modems. Globalstar is a substandard LEO service with an old fleet that will have to be de-orbited soon with nothing to show for all their efforts. I think it’s much more probable that apple would look to Iridium’s short burst data messaging service. Iridium SBD can work from a normal cellphone. And Iridium mentioned they were pursing cellphone partners. Iridium SBD is the service underpinning the Garmin Inreach satellite personal communicators. It’s only a texting service, but that’s all you can really do without bigger antennas and more power bigger batteries. But texting is huge.
  • b
    bud
    Who , Is Apple Giving The Contract To , For Their New Phone ?
  • P
    Phlynne
    What happens to the price of the stock when Elon musk with his satellite company enters the game?????
    Apple may be the apple of his choice
  • h
    hochhalter
    (http://Fairstox.com) is truly one of the best stock advice newsletters out there! Their daily emails give me all the information I need to trade more wisely each day. I rely heavily on their watchlists and recommend all traders should do the same!
  • G
    G
    thanks Globalstar for not linking with AAPL, buying more shares low for IRDM @ 45.17
  • D
    Dirk
    $GSAT
  • t
    thomas
    if the satelite devices are in the planes etc in aphaganistan
    they be located and recovered???

    I think
  • A
    Albert
    Looks like IRDM is going to pay down debt first.
  • Y
    Yahoo Finance Insights
    IRDM is up 7.46% to 43.65
  • 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.
  • A
    Anonymous
    For my fellow shareholders, I found a good analysis on the stock here: https://www.youtube.com/watch?v=VPaxcWGc5Z4&feature=youtu.be
    Iridium Communications (NASDAQ: IRDM) Stock Analysis | Comparison with Starlink | IRDM Stock
    www.youtube.com
  • E
    EagleFan
    Great event at National Press Club. My pros and cons.
    Pros: Wow, amazing story line. The hurdles they jumped to get to this point are truly amazing. In 2010 they put their trust in Elon Musk and the French Government, and it worked!!! Kudos to the management team, engineers and finance guys. A great update and powerful constellation to generate revenue for the next 10 years and beyond.
    Cons: Chips sets, dev tools and modems not ready. To get the truly revolutionary products to the market, they will need time to finalize hardware, create development tools, work with partners and get government certifications.

    My read from the stock perspective. The company will grow fast but not for some time. Given the state of the Certus development tools and modems, substantial growth will not come until the back half of 2020. Existing IoT is experiencing high growth rate but they are low ARPU. Seems like stock will be range bound for the next 1.5-2 years. Then increase in value as growth accelerates. I was hoping management was sandbagging their current projects. Given status of modems, I think their projects look more realistic.
  • t
    travis
    ARK just bought $22,226,542 worth of shares yesterday.
  • P
    PCSTEL
    Here is the award:
    DEFENSE INFORMATION SYSTEMS AGENCY

    Iridium Satellite, LLC, Tempe, Arizona, was awarded a non-competitive firm fixed price contract modification on April 22, 2019, HC104714C4000, for the extension of services on the current Airtime contract. The face value of this action is $8,327,000.00 funded by fiscal 2019 defense working capital funds. The total cumulative face value of the contract is $452,327,000.00. The original solicitation was issued on the basis of other than full and open competition pursuant to 10 U.S.C. 2304(c)(1), only one responsible source and no other type of supplies or services would satisfy agency requirements. Performance will be at the contractor’s facility. The period of performance for the option period is April 22, 2019, through May 21, 2019. The Defense Information Technology Contracting Organization, Scott Air Force Base, Illinois, is the contracting activity (HC104714C4000, P00009).