Iridium schedules July launch of dedicated PNT ASIC as it builds higher-power GNSS backup and reiterates 2030 revenue outlook

Iridium says it expects to roll out its dedicated PNT ASIC in July as part of a higher-power backup for GPS and other GNSS systems, while holding its forecast for at least $100 million in annual revenue by 2030. The company also set an April 23, 2026 earnings call for Q1 results.

Discovered 2026-04-23T05:36:04.753934-07:00 | 2026-04-23T05:36:04.753934-07:00

Briefing

What Hype is tracking

  • Iridium’s move toward a dedicated PNT ASIC and a higher-power GNSS backup directly targets resilient positioning, reflecting broader pressure for PNT alternatives alongside programs like the GPS III constellation expansion (source:0bc1411a-f9d1-4ea4-9a7d-6778599665f2).
  • Timing matters: the July ASIC rollout and the company’s reiterated 2030 revenue outlook frame when operators and partners can expect performance and productization milestones.
  • This update complements Iridium’s parallel progress on alternative PNT capabilities tied to its NTN rollout, helping decision-makers gauge the roadmap from service concepts to enabling hardware (source:c0df6e05-9d17-4834-ba0f-f8370e02f869).

Reported By

Space Intel Report SpaceWatch Africa investor.iridium.com
Sources Tracked
3
First Seen
2026-04-23T05:36:04.753934-07:00
Latest Update
2026-04-23T11:25:11.508343-07:00
Coverage
Space

Sources

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2026-04-23T05:36:04.753934-07:00

Press Releasesinvestor.iridium.com

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