Earnings release
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iridium® FOR RELEASE Tuesday , October 20 , 2026 Investor Contact : Press Contact : Kenneth Levy Iridium Communications Inc. +1 ( 703 ) 287-7570 ken.levy@iridium.com Jordan Hassin Iridium Communications Inc. +1 ( 703 ) 287-7421 jordan.hassin@iridium.com Iridium Announces Third Quarter 2026 Results Completes acquisition of Aireon ; Pending acquisition by Rocket Lab receives stockholder approval MCLEAN , Va . - October 20 , 2026 – Iridium Communications Inc. ( Nasdaq : IRDM ) ( “ Iridium ” or the “ Company ” ) , a leading provider of global voice , data , aircraft surveillance , and positioning , navigation , and timing ( PNT ) satellite services , today reported financial results for the third quarter of 2026 . Update on Pending Transaction with Rocket Lab On June 28 , 2026 , the Company entered into a definitive agreement with Rocket Lab Corporation ( Nasdaq : RKLB ) ( “ Rocket Lab " ) under which Rocket Lab will acquire the Company . Iridium stockholders approved the transaction at a Special Meeting of Stockholders on September 24 , 2026 with 99.6 % of the votes cast voting in favor of the transaction , representing 81.4 % of Iridium's outstanding shares of common stock entitled to vote . The transaction is expected to be completed by mid - 2027 , subject to the satisfaction of the remaining regulatory approvals and closing conditions . " Last month's stockholder approval for Rocket Lab's acquisition of Iridium was an important milestone in creating a next generation space powerhouse , " said Matt Desch , CEO , Iridium . Desch continued , “ The combination of these two leading space companies will unlock new innovation in the space industry and accelerate our growth in critical space - based missions . " Third Quarter 2026 Financial Results Iridium reported third quarter total revenue of $ 245.7 million , an 8 % increase versus the comparable period of 2025. Service revenue grew 13 % from the year - ago period , primarily due to the acquisition of Aireon , and was 76 % of total revenue for the third quarter of 2026 .