Published on 11 Nov 2021 on Zacks via Yahoo Finance
Iridium (IRDM) Ups the Ante With Iridium Certus 100 Service Launch
Iridium Communications Inc. IRDM recently hit a significant milestone in the field of satellite communications with the launch of the avant-garde Iridium Certus 100 "midband" service. The offering is commercially accessible for government customers, land mobile, and maritime. The company also unveiled the SkyLink by Blue Sky Network and LT-4100 by Lars Thrane products. These are some of the first few Iridium Connected midband partner products as part of this much-awaited move.Iridium Certus 100 has been specifically designed to offer reliable global connectivity for vessels, vehicles, and aircraft. Equipped with robust capabilities, the solution meets the size and performance requirements that make it ideal for mobile and portable operations such as real-time asset control and workforce communications. The newly launched products are weather-resilient and provide IP data speeds up to 88 Kbps for better connectivity.These products have been designed to address the growing market demand for new satellite communications solutions that are compact, battery or line-powered mobile equipment, capable of providing high-quality voice services and two-way IP data. SkyLink by Blue Sky Network is a dual-mode data management solution for IoT, land, sea, and air applications that delivers next-gen satellite connectivity, irrespective of the location.Iridium’s shares have returned 35.3% compared with the industry’s growth of 37.8% in the past year.
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