Iridium to fully acquire Aireon in $366.7M deal, extending space-based ADS-B network to new aviation safety and surveillance ser
Iridium Communications will buy out the remaining interest in Aireon—the operator of the space-based ADS-B system for air traffic surveillance—for $366.7 million. With Aireon already central to Iridium’s aviation-safety strategy, the acquisition is also framed around future independent payload opportunities for space-based VHF and PNT.