Latest Breaking News On - Enhanced mobile satellite services - Page 8 : comparemela.com
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MCLEAN, Va., April 20, 2021 /PRNewswire/ Iridium Communications Inc. (Nasdaq:IRDM) ( Iridium ) today reported financial results for the first quarter of 2021 and reiterated its full-year 2021 outlook. Net loss was $5.2 million, or $0.04 per diluted share, for the first quarter of 2021, as compared to net loss of $31.7 million, or $0.24 per diluted share, for the first quarter of 2020. This decrease in net loss was primarily the result of the absence of debt extinguishment costs, which were incurred in the year ago period with Iridium s refinancing of its senior unsecured notes. Operational EBITDA ( OEBITDA )
(1) for the first quarter was $89.8 million, as compared to $92.1 million for the prior-year period, representing a year-over-year decrease of 2% and an OEBITDA margin
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- February 15, 2021, 8:05 AM
Satcom Direct is readying release this year of its first two Plane Simple satellite communication antennas, bringing lower-cost high-speed connectivity options to a wider array of airframes. The SD Plane Simple Ku antenna, slated for June introduction, will provide connectivity via Intelsat’s broadband Ku-band satellite service. Meanwhile, the SD Plane Simple Certus LEO antenna, coming in the fourth quarter, will access Iridium’s new Next low earth orbit (LEO) L-band constellation and its high-speed Certus service. Satcom Direct president Chris Moore called the pair “exciting, milestone products.”
A longtime authorized service reseller of its satcom services, Iridium named Florida-based Satcom Direct an authorized hardware OEM two years ago, and Satcom Direct unveiled the Plane Simple line of modular, agnostic, open-architecture antennas in February 2020. These and forthcoming Plane Simple antennas will be comprised of two line replacea
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