Iridium to fully acquire Aireon for $366.7M, consolidating space-based ADS-B to expand aviation safety, surveillance and data se
Iridium Communications has agreed to acquire the remaining stake in Aireon LLC for $366.7 million, taking full control of the space-based ADS-B network operated by the venture with air navigation service providers. The move positions Iridium to expand aviation safety and surveillance/data offerings, including by developing independent payload opportunities for VHF and PNT.