Iridium Communications Inc (IRDM)

The company now

Iridium reported revenue of $245.7 million for the quarter ended September 30, 2026, up 8 percent from a year earlier 2.

Net income was $106.9 million, mostly because buying the rest of Aireon, a company it already part-owned, produced an after-tax gain of $103.9 million 2.

On June 28, 2026, Iridium agreed to be acquired by Rocket Lab, and its stockholders approved the deal on September 24 34.

Each Iridium share is to become $27.00 in cash plus a number of Rocket Lab shares set by an exchange ratio 3.

The companies expect the deal to close in mid-2027, once regulators have approved it 4.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.