Iridium Communications Inc. (NASDAQ:IRDM), the only communications
company with 100 percent global coverage, today officially launched
Iridium Edge™, its new, cost-effective global asset tracking,
safety and fleet management device. A plug-and-play designed
solution, Iridium Edge enables companies of all sizes to rapidly
expand their IoT applications beyond cellular coverage. With
over 80 percent of the earth lacking cellular connectivity, Iridium
Edge is an ideal device for companies in need of a reliable, global
IoT solution.
Iridium Edge has already been approved for use in major global
markets, including the United States, Canada, Europe and Australia
with additional markets planned. Iridium Edge can be used to add
satellite connectivity for cellular-based applications, or as a
fixed location satellite-based monitoring device. The global
nature of the device extends the range of coverage to even the most
remote locations, providing reliable connectivity, and allows
companies to quickly take advantage of new opportunities in
countries or regions previously less accessible.
“We’ve heard from many partners who are eager to expand their
IoT applications to parts of the world where they don’t currently
exist, but may not be able to justify the business case to develop
that solution themselves,” said Tim Last, vice president and
general manager of IoT at Iridium. “Iridium Edge has reduced
that barrier to adoption and is as easy to integrate as existing
cellular solutions on the market today, with one key difference,
adding Iridium Edge takes them global.” Last continued, “The
cost and development effort of adding satellite to a cellular
solution has been reduced, and the simplicity of integrating
Iridium Edge with existing solutions creates an opportunity for
extending IoT to the rest of the world not currently served by
reliable connectivity.”
Iridium Edge is a rugged, environmentally sealed device designed
to withstand harsh outdoor conditions, typical of remote,
unattended installations. Configured through a user-friendly
interface, the device contains a robust automotive power supply, an
Iridium modem and certified antenna, housed within a small
waterproof enclosure (130mm x 80mm x 30mm). Due to the unique
design of the Iridium constellation, with a network of
inter-connected satellites creating a web of coverage, Iridium Edge
can provide connectivity while avoiding blockage problems commonly
associated with other satellite solutions. Blockage mitigation is
especially important in mobile terrestrial deployments as many
global fleets operate in various conditions, including mountainous
or occluded urban environments.
To date, Iridium partners, such as CalAmp, have integrated
Iridium Edge with their product portfolio. CalAmp’s solutions using
Iridium Edge will allow companies to deploy dual-mode asset
management and tracking capabilities. This integration will enable
its customers to efficiently extend the tracking range of their
mobile assets out to remote areas lacking terrestrial
infrastructure.
“We are excited to be a part of bringing Iridium Edge to the
market,” said Justin Schmid, senior vice president and general
manager of the telematics systems business at CalAmp. “It is easy
to use, and we are excited for the opportunities it will bring our
customers with asset tracking and management needs that reach
beyond existing cellular networks. Customers who may have
been hesitant to add a satellite-based solution due to cost or time
requirements have another option.”
Iridium Edge is fully compatible with the original Iridium
constellation as well as Iridium’s next-generation constellation,
Iridium NEXT. The new constellation will also enable Iridium
CertusSM, the Company’s state-of-the-art communications platform
supporting a portfolio of critical communications solutions for all
industry verticals. The Iridium Certus IoT capabilities will
include faster speeds and higher throughputs, delivering
low-latency satellite connectivity for tracking, monitoring, data
and voice and asset management functions.
For information about how to purchase Iridium Edge, please
visithttps://iridium.com/iridiumedge
About Iridium Communications Inc.
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. The company has a major development program
underway for its next-generation network — Iridium NEXT. 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.
Forward Looking Statements
Statements in this press release that are not purely historical
facts may constitute forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. The Company has
based these statements on its current expectations and the
information currently available to us. Forward-looking statements
in this presentation include statements regarding the capabilities
of new products and services, including Iridium Edge and Iridium
Certus, and the timing for deployment, development and capabilities
of the Iridium NEXT constellation and products and services to be
offered over the constellation. Forward-looking statements can be
identified by the words “anticipates,” “may,” “can,” “believes,”
“expects,” “projects,” “intends,” “likely,” “will,” “to be” and
other expressions that are predictions or indicate future events,
trends or prospects. These forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of Iridium to
differ materially from any future results, performance or
achievements expressed or implied by such forward-looking
statements. These risks and uncertainties include, but are not
limited to, uncertainties regarding potential delays in the Iridium
NEXT deployment, the development and functionality of Iridium NEXT
and related products and services, and the company’s ability to
maintain the health, capacity and content of its satellite
constellation, as well as general industry and economic conditions,
and competitive, legal, governmental and technological factors.
Other factors that could cause actual results to differ materially
from those indicated by the forward-looking statements include
those factors listed under the caption “Risk Factors” in the
Company’s Form 10-K for the year ended December 31, 2016, filed
with the Securities and Exchange Commission (the “SEC”) on February
23, 2017, as well as other filings Iridium makes with the SEC from
time to time. There is no assurance that Iridium’s expectations
will be realized. If one or more of these risks or uncertainties
materialize, or if Iridium's underlying assumptions prove
incorrect, actual results may vary materially from those expected,
estimated or projected. Iridium's forward-looking statements speak
only as of the date of this press release, and Iridium undertakes
no obligation to update forward-looking statements.
Press Contact:
Jordan Hassin
Iridium Communications Inc.
+1 (202) 232-6601
Jordan.Hassin@iridium.com
Twitter: @IridiumComm
Investor Contact:
Kenneth Levy
Iridium Communications Inc.
+1 (703) 287-7570
Ken.Levy@Iridium.com
Twitter: @IridiumIR
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