Just eight months after completing an ambitious, uninterrupted service replacement of their 66 interconnected satellite constellation in Low Earth Orbit, Iridium Communications has announced an unprecedented seven year, fixed-price contract with the U.S. military for voice and text communication and tracking services.
The company also revealed a Memorandum of Understanding with OneWeb, partnering with the space-based internet service company to look for ways the two communication platforms complement each other and could potentially be packaged together for customers.
Iridium and the U.S. military:
The contract announced yesterday by Iridium Communications is for a seven year, $738.5 million (USD) contract with the U.S. military to provide voice and text communication and tracking services for various assets at any point on the globe.
The contract comes five months after the expiration of the previous five-year, fixed price contract that went month-to-month this past April.
Unprecedented is the length of the new contract at seven years, which Iridium CEO Matt Desch says highlights the government’s confidence in Iridium and reflects the U.S. military’s satisfaction with the innovation and services built into the new Iridium NEXT constellation.
USG is about 20% of our business and was one of our first customers. They value ...