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Stock impact report

Iridium Introduces NTN Direct Service: Will the Stock Benefit? [Yahoo! Finance]

Iridium Communications Inc (IRDM) 
Last iridium communications inc earnings: 4/28 07:01 am Check Earnings Report
US:NASDAQ Investor Relations: investor.iridium.com
Company Research Source: Yahoo! Finance
of Narrowband Internet of Things (NB-IoT) for Non-Terrestrial Networks (NTN) into the official Work Plan for 3GPP Release 19 (set to conclude in the fourth quarter of 2025). This will result in Iridium's satellite service being accessed through the industry standard chipsets. The initiative augments Iridium's footprint in global connectivity through its latest service, Iridium NTN Direct, which is expected to be the world's first global 5G NB-IoT service. Iridium NTN Direct was conceived from the company's innovative Project Stardust, launched in January 2024. Including the 3GPP standards work is a major step toward ensuring that Iridium's service can be accessed through industry-standard chipsets, further unlocking new opportunities for global connectivity. Project Stardust aims to enable NB-IoT communication through Iridium's operational low Earth orbit (LEO) satellite constellation. Per the company, the development of Iridium's system is progressing at an impressive pace. It ha Show less Read more
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