SpaceX could be the blockbuster IPO of 2026. Amazon may be looking to acquire a satellite network.

Apparently, a prominent company in the sector might be acquired. The would-be buyer is a top name in online retail.

Iridium Communications stock was gaining while AST SpaceMobile was falling amid a flurry of satellite-related news.

MCLEAN, Va., April 2, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, will host a conference call on Thursday, April 23, 2026 at 8:30 a.m.

Bamco Inc. NY lessened its stake in shares of Iridium Communications Inc (NASDAQ: IRDM) by 91.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 682,926 shares of the technology company's stock after selling 7,694,981 shares during the period.

Iridium Communications is downgraded from 'Strong Buy' to 'Buy' after a 35.6% rally and recent fundamental softness. Q4 2025 revenue was flat at $212.9 million, with government subscribers down 14.2% and growth concentrated in low-value commercial IoT data customers. 2026 guidance calls for flat to 2% service revenue growth and EBITDA of $480–$490 million, impacted by cash-only incentive compensation.

Elo Mutual Pension Insurance Co lifted its position in Iridium Communications Inc (NASDAQ: IRDM) by 173.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,043 shares of the technology company's stock after acquiring an additional 47,612 shares during the

February 2026 drew a sharp line through the space and aerospace sector. On one side: defense giants riding a wave of geopolitical demand, record backlogs, and earnings beats.

Iridium Communications Inc. (IRDM) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript

Iridium Communications (IRDM) is upgraded to a strong buy due to positive momentum, discounted valuation, and upcoming growth catalysts. IRDM's fundamentals remain robust, with sector-leading margins and operational efficiency; 2025 revenue grew 5% to $871.55 million and net income rose 1%. Commercialization of NTN Direct and PNT ASICs, plus potential enterprise alliances, are expected to drive topline growth and support a 39% stock upside.