Iridium to acquire Aireon’s space-based ADS-B network for $366.7 million, extending Iridium’s aviation safety and surveillance p
Iridium Communications will buy Aireon LLC—the operator of the space-based ADS-B tracking system hosted on Iridium satellites—in a definitive $366.7 million deal. The acquisition positions Iridium to scale aviation safety, surveillance and data services while pursuing future independent payloads supporting VHF and PNT-related capabilities.