Iridium Declares Victory; $3 Billion Satellite Constellation Upgrade Complete

Press Release from Iridium Satellite LLC

MCLEAN, Va., Feb. 6, 2019 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) today hailed the completion of its $3 billion satellite constellation upgrade campaign known as Iridium® NEXT, during a press conference held at the National Press Club in Washington, D.C. During the press conference, the company also used the opportunity to introduce a new small-form-factor transceiver known as the Iridium CertusSM 9770, which will enable creation of new consumer and industrial applications that are highly portable and IoT-friendly, optimized for small size and low cost, yet with higher speeds than in the past thanks to the upgraded Iridium satellite network.