The Bottom Fishing Club - Iridium Communications: Plucking Money From Satellites

2025-12-16 08:20:35 ET

A stock experiencing a noticeable turnaround in trading behavior over the past few months is Iridum Communications Inc. ( IRDM ). The company is a leading satellite operator with a network of 66 low-orbit devices reaching 100% coverage on earth. The stock began trading 17 years ago. Iridium sells voice and data communications under contract mostly to governments, maritime shipping and airline customers, plus mobile phone, broadband, and embedded signal device business providers....

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