Iridium Communications Inc


IRDM

Price

41.03


Change

1.42


High

41.7


Low

39.14


Avg Volume

727,508


PE Ratio

-415.7


52 Week High

54.65


52 Week Low

25.3



Profile

Iridium Communications Inc. is a publicly traded American company headquartered in McLean, Virginia. Iridium operates the Iridium satellite constellation, a system of 66 active satellites used for worldwide voice and data communication from hand-held satellite phones and other transceiver units. The Iridium communications service was launched on November 1, 1998 by what was then Iridium SSC. The first Iridium call was made by Vice President of the United States Al Gore to Gilbert Grosvenor, the great-grandson of Alexander Graham Bell and chairman of the National Geographic Society. Motorola provided the technology and major financial backing. The logo of the company represents the Big Dipper. The company derives its name from the chemical element iridium which has an atomic number of 77, equalling the initial number of satellites which were planned to be deployed.


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