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Space Development Agency awards $491.6 million contract to Iridium and GDMS for Enhanced Ground System Integration

Oct 16, 2024•over 1 year ago

Contract Type

contract

McleanHardwareSecurityCommunitiesSatellite CommunicationWireless

Description

The Space Development Agency (SDA) has awarded a $491.6 million contract modification to the partnership of Iridium Communications Inc. and General Dynamics Mission Systems (GDMS) to support the Ground Management and Integration (GMI) program for the Proliferated Warfighter Space Architecture (PWSA). Iridium's portion is valued at $239 million over five years, and the contract follows the 2022 award for Operations and Integration to establish ground entry points and operations centers.

Company Information

Company

Iridium Communications

Location

Mclean, Virginia, United States

About

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. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2019, the company completed a generational upgrade of its satellite network and launched its specialty broadband service, Iridium Certus®. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services and partner solutions, visit www.iridium.com.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.