Category Archive : Iridium

Global Satellite-based Automatic Identification Systems Market Projected to Gain Significant Value by 2028

Overview for “Satellite-based Automatic Identification Systems Market” Helps in providing in-depth scope and definitions, Key Findings, Growth Drivers, and Various Dynamics.

The Latest Report by Contrive Market Research: Global Satellite-based Automatic Identification Systems Market 2021 Report furnishes key depth Resolution on the market status of the Satellite-based Automatic Identification Systems manufacturers with market size, revenue, growth, share, trends as well as industry cost structure compete in worldwide Market. This report helps to analyze top companies, regions, revenue, price, and also covers Industry sales channels, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Company Profiles :

The following Companies as the Key players in the Global Satellite-based Automatic Identification Systems Market Research Report are: 
By Market Players:

ExactEarth
StormGeo
Iridium Communications
ORBCOMM
Saab
Thales
New JRC
Furuno Electric
Garmin International
Raytheon
L-3 Communications
Kongsberg
Raymarine
Maritec

According to the Satellite-based Automatic Identification Systems market report, the industry is predicted to gain significant returns while recording a commendable yearly growth rate in the predicted time period. The report provides an outline of this industry and offers data in relation to the valuation; that the market presently owns along with analysis of the Satellite-based Automatic Identification Systems market as well as growth opportunities in the business vertical.

By Product Type:

Segmentation on the basis of type:
By Market Type:

Class A Transponder
Class B Transponder

By Applications:

Segmentation on the basis of Application:
By Market Applications:

Ship
Defense
Aerospace
Intelligence & Security
Others

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Iridium Communications inc (IRDM) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool.

Iridium Communications inc (NASDAQ:IRDM)
Q3 2021 Earnings Call
Oct 19, 2021, 8:30 a.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Welcome to the Iridium Third Quarter 2021 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Ken Levy, Vice President, Investor Relations. Please go ahead.

Kenneth B. LevyVice President, Investor Relations

Thank you, Andrew. Good morning and welcome to Iridium’s Third Quarter 2021 Earnings Call. Joining me on today’s call are CEO, Matt Desch and our CFO, Tom Fitzpatrick. Today’s call will begin with a discussion of our third quarter results followed by Q&A. I trust you’ve had an opportunity to review this morning’s earnings release, which is available on the Investor Relations section of Iridium’s website. Before I turn things over to Matt, I’d like to caution all participants that our call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical fact and include statements about our future expectations, plans, and prospects. Such forward-looking statements are based upon our current beliefs and expectations and are subject to risks, which could cause actual results to differ from forward-looking statements.

Such risks are more fully discussed in our filings with the Securities and Exchange Commission. Our remarks today should only be considered in light of such risks. Any forward-looking statements represent our views only as of today and while we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so even if our views or expectations change. During the call, we’ll also be referring…

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Iridium dismisses markets’ swooning over satellite-to-smartphone idea, but says it’ll do the same thing, eventually

PARIS — Mobile satellite services provider Iridium Communications Inc. reported unexpectedly robust Q3 revenue and EBITDA, raised its forecast for full-year results and teased investors with the idea that mass-market smartphones will indeed one day be connected by satellite for anywhere-you-want usage.

Iridium Chief Executive Matt Desch’s diplomacy has been tested in recent months with new companies promising direct-to-standard-smartphone links (AST SpaceMobile, Lynk Global) and by a brief rumor that Apple was about to integrate mobile satellite service . . .

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Size and forecast of the mobile satellite services market

Get | Download Sample Copy with TOC, Graphs & List of Figures @ https://www.verifiedmarketreports.com/download-sample/?rid=33516 The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

• Ericsson• Globalstar• Inmarsat Holdings• Iridium Communications• Orbcomm• Echostar Corporation• Intelsat General Corporation• Singtel• Virsat• Telstra Corporation • Video Service• Data Service• Voice Service

By the product type, the market is primarily split into: By the application, this report covers the following segments:

Mobile Satellite Services Market Segmentation We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide in-depth analysis and breakdown of the market presence of key market leaders. We make an effort to stay up to date with recent developments and keep up with the latest company news related to industry players operating in the Mobile Satellite Services Market. This helps us to thoroughly analyze the individual position of companies as well as the competitive landscape. Our Vendor Landscape Analysis offers a comprehensive study to help you gain an edge over the competition.

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ESTIMATED YEAR
2021 Mobile Satellite Services Market Report Scope ATTRIBUTES
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Iridium: Q3 Earnings Snapshot – Houston Chronicle

Iridium: Q3 Earnings Snapshot  Houston Chronicle
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Today’s Stock Market News & Events: 10/19/2021

Today brings building permits and housing stats. 

The following corporate earnings announcements are expected today, October 19:

The Bank of New York Mellon Corp. (NYSE:ACI — $57.41) provides a range of financial products and services in the United States and internationally. The Bank of New York Mellon will report its Q3 earnings of 2021 before the bell today.

Commerce Bancshares Inc. (NASDAQ:CBSH — $71.60) operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. Commerce Bancshares will report its Q3 earnings of 2021 before the bell today.

Dover Corp. (NYSE:DOV — $166.79) provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. Dover will report its Q3 earnings of 2021 before the bell today.

Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC — $12.21) provides communication infrastructure, services, and software solutions to the telecom and other sectors. Ericsson will report its Q3 earnings of 2021 before the bell today.

Fifth Third Bancorp (NASDAQ:FITB — $44.05) is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. Fifth Third will report its Q3 earnings of 2021 before the bell today.

First Midwest Bancorp Inc. (NASDAQ:FMBI — $19.28) operates as the bank holding company for First Midwest Bank that provides various banking products and services. First Midwest Bancorp will report its Q3 earnings of 2021 before the bell today.

Halliburton Co. (NYSE:HAL — $26.01) provides a range of services and products to oil and natural gas companies worldwide. Halliburton will report its Q3 earnings of 2021 before the bell today.

Iridium Communications Inc. (NASDAQ:IRDM — $39.61)

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Growth Assesment By Key Manufacture L3 Technologies, Harris, Cobham, Viasat, Iridium – IMIESA

The Satellite Communication (SATCOM) Equipment market research report offers a close approach on leading competitors of the global Satellite Communication (SATCOM) Equipment market along with deep strategical analysis, possible industry trends, as well as scenarios, pricing structure and holistic overview of the Satellite Communication (SATCOM) Equipment market in the predicted timeframe from 2021 to 2027. The newest study on the global Satellite Communication (SATCOM) Equipment market is highly professional and a brief report that focusing on both primary as well as secondary drivers, Satellite Communication (SATCOM) Equipment industry shares, top segments and geographical analysis. Furthermore, the essential collaborations, partnerships, mergers along with highly trending innovation and business policies are reviewed in this report.

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The report on the global Satellite Communication (SATCOM) Equipment market incorporates the current Satellite Communication (SATCOM) Equipment market status, and meanwhile, defines forthcoming trends and available growth prospects that are needed to accelerate the performance analysis of the Satellite Communication (SATCOM) Equipment market. The global Satellite Communication (SATCOM) Equipment market is segmented based on the product type, regions, application and well-formed players. In addition to this, the report discusses recent process developments, technological trends, innovative production methods and much more.

The research on the Satellite Communication (SATCOM) Equipment market further outlines the most common procedures and creative tools to design the highly intelligent Satellite Communication (SATCOM) Equipment industry report for all the players who are kindly operated in world Satellite…

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IRIDIUM COMMUNICATIONS : MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. (form 10-Q)

You should read the following discussion along with our Annual Report on Form
10-K for the fiscal year ended December 31, 2020, filed on February 11, 2021
with the Securities and Exchange Commission, or the SEC, as well as our
condensed consolidated financial statements included in this Form 10-Q.

This report contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. For this purpose, any
statements contained herein that are not statements of historical fact may be
deemed to be forward-looking statements. Such forward-looking statements include
those that express plans, anticipation, intent, contingencies, goals, targets or
future development or otherwise are not statements of historical fact. Without
limiting the foregoing, the words "believe," "anticipate," "plan," "expect,"
"intend" and similar expressions are intended to identify forward-looking
statements. These forward-looking statements are based on our current
expectations and projections about future events, and they are subject to risks
and uncertainties, known and unknown, that could cause actual results and
developments to differ materially from those expressed or implied in such
statements. These risks and uncertainties may be amplified by the COVID-19
pandemic and its potential impact on our business and the global economy. The
important factors described under the caption "Risk Factors" in this report and
in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020
filed on February 11, 2021 could cause actual results to differ materially from
those indicated by forward-looking statements made herein. We undertake no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.

Overview of Our Business
We are engaged primarily in providing mobile voice and data communications
services using a constellation of orbiting satellites. We are the...

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Earnings Scheduled For October 19, 2021

 

Companies Reporting Before The Bell

• Signature Bank (NASDAQ:SBNY) is likely to report quarterly earnings at $3.72 per share on revenue of $513.37 million.

• Travelers Companies (NYSE:TRV) is expected to report quarterly earnings at $1.94 per share on revenue of $8.22 billion.

• Procter & Gamble (NYSE:PG) is expected to report quarterly earnings at $1.59 per share on revenue of $19.84 billion.

• First Midwest Bancorp (NASDAQ:FMBI) is estimated to report quarterly earnings at $0.42 per share on revenue of $189.86 million.

• Commerce Bancshares (NASDAQ:CBSH) is expected to report quarterly earnings at $0.99 per share on revenue of $349.85 million.

• Silvergate Capital (NYSE:SI) is likely to report quarterly earnings at $0.71 per share on revenue of $48.25 million.

• Old National Bancorp (NASDAQ:ONB) is expected to report quarterly earnings at $0.36 per share on revenue of $202.00 million.

• Synovus Finl (NYSE:SNV) is likely to report quarterly earnings at $1.08 per share on revenue of $488.60 million.

• Johnson & Johnson (NYSE:JNJ) is estimated to report quarterly earnings at $2.36 per share on revenue of $23.74 billion.

• Synchrony Finl (NYSE:SYF) is estimated to report quarterly earnings at $1.52 per share on revenue of $3.57 billion.

• Kansas City Southern (NYSE:KSU) is projected to report quarterly earnings at $2.17 per share on revenue of $750.66 million.

• ManpowerGroup (NYSE:MAN) is projected to report earnings for its third quarter.

• Mercantile Bank (NASDAQ:MBWM) is expected to report quarterly earnings at $0.85 per share on revenue of $41.47 million.

• Philip Morris Intl (NYSE:PM) is likely to report quarterly earnings at $1.55 per share on revenue of $7.90 billion.

• Iridium Communications (NASDAQ:IRDM) is expected to report quarterly loss at $0.02 per share on revenue of $153.71 million.

• Halliburton (NYSE:HAL) is expected to report quarterly earnings at $0.28 per share on revenue of $3.91 billion.

•…

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Global satellite IoT subscriber base to reach 15.7 million by 2025

According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a good steady pace.

Despite the impact of the COVID-19 pandemic, the global satellite IoT subscriber base grew to surpass 3.4 million in 2020.

The Berg Insight report says that the number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 35.8 percent to reach 15.7 million units in 2025.

Only about 10 percent of the Earth’s surface has access to terrestrial connectivity services which leaves a massive opportunity for satellite IoT communications. Satellite connectivity provides a complement to terrestrial cellular and non-cellular networks in remote locations, especially useful for applications in agriculture, asset tracking, maritime and intermodal transportation, oil and gas industry exploration, utilities, construction and governments, the report states.




Both incumbent satellite operators and more than two dozen new initiatives are now betting on the IoT connectivity market. This new study covers a total of 38 satellite IoT operators.

“Orbcomm, Inmarsat, Iridium and Globalstar are the largest satellite IoT network operators today”, says Berg Insight principal analyst Johan Fagerberg.

“Originally a dedicated satellite operator, Orbcomm has transitioned into an end-to-end solution provider, delivering services on its own satellite network as well as being a reseller partner of Inmarsat and others. At the end of 2020, the company had 1.2 million satellite IoT subscribers on its own and Inmarsat’s networks.

“At the same time Iridium and Globalstar had 1.1 million and 0.4 million subscribers respectively.

“Other players with connections in the tens of thousands include for instance Kineis in France and Thuraya in the UAE. In addition to the incumbent satellite operators a number of new initiatives have appeared on the market recently. Examples of some…

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