Iridium completes acquisition of Satelles, Inc.; Introduces Iridium Satellite Time and Location (STL)
Acquiring Company
Iridium Communications
Acquired Company
Satelles
McleanRestonHardwareSecurityCommunitiesSatellite CommunicationWirelessDescription
Iridium Communications Inc. has successfully completed the acquisition of Satelles, Inc., a provider of highly secure satellite-based time and location services. This acquisition establishes Iridium as the leader in satellite-based time and location services, enhancing its portfolio of global voice and data satellite communications solutions.
Quick answer
Iridium Communications is acquiring Satelles, announced April 2, 2024. Iridium Communications is based in Mclean, Virginia, United States.
- How much did Iridium Communications pay for Satelles?
- The deal value was not disclosed.
- What does Iridium Communications do?
- Iridium® is the only mobile voice and data satellite communications network that spans the entire globe.
- Where are Iridium Communications and Satelles based?
- Iridium Communications is based in Mclean, Virginia, United States. Satelles is based in Reston, Virginia, United States.
- Who are the decision-makers at Iridium Communications?
- Fundz holds 1 contact at Iridium Communications. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Security
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Iridium completes acquisition of Satelles, Inc. to become a leading provider of satellite-based time and location services (April 18, 2024)
- PomeGran Acquires ROCK Networks to Expedite Growth and Transform Rural Connectivity Across Canada (February 26, 2024)
- Boldyn Networks completes acquisition of Apogee Telecom to expand connectivity solutions (May 16, 2024)
- MCA acquires LightSpeed Technologies, Inc. to strengthen Data Division (April 29, 2024)
- Cisco completes acquisition of Isovalent to define the future of multicloud networking and security (April 12, 2024)
- Westman Communications Group completes acquisition of RioNet to expand rural internet services (May 16, 2024)
Who to call at Iridium Communications, and when
When Iridium Communications changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired Satelles?
Satelles was acquired by Iridium Communications, based in Mclean. The deal was reported on April 2, 2024. Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Iridium Communications is publicly traded (IRDM) and operates in Hardware.
When did Iridium Communications acquire Satelles?
Iridium Communications's acquisition of Satelles was reported on April 2, 2024. Iridium Communications Inc. has successfully completed the acquisition of Satelles, Inc., a provider of highly secure satellite-based time and location services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Satelles do?
Satelles, Inc. is a provider of highly secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. It is privately held, and is based in Reston.
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