Brief: Iridium To Acquire Aireon, Advancing Its Strategy To Lead The Future Of Aviation Safety

Iridium Communications

14/05/2026 12:02

Iridium Communications Inc IRDM.O:

IRIDIUM TO ACQUIRE AIREON, ADVANCING ITS STRATEGY TO LEAD THE FUTURE OF AVIATION SAFETY

IRIDIUM COMMUNICATIONS INC - TO BUY REMAINING 61% OF AIREON FOR $366.7 MILLION

IRIDIUM COMMUNICATIONS INC - ACQUISITION EXPECTED TO ADD $100 MILLION SERVICE REVENUE, $30 MILLION OEBITDA ANNUALLY

IRIDIUM COMMUNICATIONS INC - TO ASSUME AIREON'S OUTSTANDING DEBT OF $155 MILLION AT CLOSING

Source text: ID:nPretBDBGa

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