What Happened
Iridium Expands Capabilities With Wholly Owned Aireon Subsidiary
Iridium Communications has completed its acquisition of Aireon, a leading provider of space-based Automatic Dependent Surveillance-Broadcast (ADS-B) services. Aireon will continue to operate as a wholly owned subsidiary of Iridium, expanding the company’s capabilities in air traffic surveillance and management. The acquisition is expected to enhance Iridium’s position in the global aviation market, with potential applications in air traffic control, aircraft tracking, and more. This development was first reported by Aviation International News.