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Technology Stocks : IRDM - IRIDIUM NEXT / CERTUS / AIREON The Second Generation
IRDM 16.95-2.2%3:59 PM EDT

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From: pcstel2/14/2023 5:07:34 PM
   of 17
 
SpaceX launches Global High Speed Maritime Data Service.

"Our maritime service is now global, providing connectivity to the vast majority of the Earth’s oceans and seas. Deliveries are available in countries such as Australia, New Zealand, Chile, Italy, Germany, Poland, Switzerland, Austria, Belgium, the United Kingdom and the United States."


starlink.com

Very difficult for Iridium to continue to claim that LEO MegaConstellations like Starlink are not a competitive threat to Iridium's business model. This is a direct threat to their Open Port and Certus maritime customers, let alone the GEO providers cruise ship business. Next will likely be a Portable WiFi Hotspot for the recreational boater/outdoor enthusiast at a drastically lower performance profile. Then the final assault on the SAT IoT market..

PCSTEL
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