Iridium Inks 5-Year Contract With L3Harris For Iridium Satellite Time And Location Service

RTTNews | 55 ngày trước
Iridium Inks 5-Year Contract With L3Harris For Iridium Satellite Time And Location Service

(RTTNews) - Iridium Communications Inc. (IRDM) announced Tuesday a new five-year commercial contract with L3Harris Technologies (LHX) for the Iridium Satellite Time and Location (STL) service.

Under the terms, Iridium will provide the STL service to more than three dozen L3Harris-operated communications network backbone nodes and a similar number of Federal Aviation Administration (FAA) facilities throughout the U.S. It will provide a resilient timing sync service to data center facilities across the U.S.

L3Harris owns and operates a private nationwide network for the FAA, providing voice, data, and video communications for the National Airspace System operations and mission support functions.

The Iridium STL service is a vital component of the overall network timing architecture that removes dependencies on GPS as a primary timing source.

Compact devices provided by Adtran's Oscilloquartz division that receive Iridium STL signals are also included in the solution for L3Harris.

read more
Iridium Boosts FY22 Service Revenue Growth Outlook - Update

Iridium Boosts FY22 Service Revenue Growth Outlook - Update

While reporting financial results for the third quarter on Thursday, Iridium Communications Inc. (IRDM) raised its total service revenue growth guidance for the full-year 2022, based upon the momentum seen across all commercial business lines.
RTTNews | 592 ngày trước
Iridium Boosts FY22 Revenue Outlook - Update

Iridium Boosts FY22 Revenue Outlook - Update

While reporting financial results for the second quarter on Tuesday, Iridium Communications Inc. (IRDM) raised its total service revenue growth guidance for the full-year 2022, based upon the momentum still seen from its extensive global ecosystem of business partners.
RTTNews | 678 ngày trước
Nvidia Stock Up On Launch Of New AI Chips Amid Surging Demand

Nvidia Stock Up On Launch Of New AI Chips Amid Surging Demand

Nvidia Corp. shares were gaining more than 4 percent in the early morning trading on the Nasdaq after the chipmaker launched its next generation of artificial intelligence or AI chips amid the surging competition and significant growth in demand worldwide. The AI hardware company's Chief Executive Officer Jensen Huang announced the new AI chip architecture, dubbed 'Rubin', for 2026...
RTTNews | 4h 38phút trước
UEFA European Football Championship Unlikely To Give Major Boost To German Retail - Ifo

UEFA European Football Championship Unlikely To Give Major Boost To German Retail - Ifo

Only supermarkets, beverage retailers and specialized sports goods stores in Germany are likely to register any significant growth in sales as the country hosts the UEFA Euro 2024 football tournament that kicks off in the middle of the month, the ifo institute said Monday. The ifo business confidence indicator for the retail industry rose to -13.3 points in May from -14.5 points in April.
RTTNews | 5h 11phút trước