Just three weeks into his new job as CEO of Iridium Satellite, Matthew Desch is here in Orlando with a message. “Yes, Iridium is still around, and not only around but enjoying strong growth.”
Iridium has entered into preliminary discussions with satellite manufacturers about potential replacements for its network of low-earth-orbit communications satellites. The company is in the early stages of developing a satellite replacement strategy, according to a spokesman, who said the company plans to start serious design work around 2009.
The clock is ticking for Iridium, the global satellite communications service that has made its mark by providing voice and low-rate-data communication services for a growing list of customers around the world.
Three new air navigation service providers (ANSPs) have agreed to invest in the future Aireon satellite-based air traffic surveillance system, joining anchor investors Nav Canada and Iridium Communications. Italy’s ENAV, the Irish Aviation Authority and Denmark’s Naviair will together invest $120 million in the system, Aireon announced in December.
- Page 3