Iridium to fully acquire Aireon for $366.7M, positioning space-based ADS-B for aviation safety and future VHF/PNT payloads
Iridium Communications has signed a definitive deal to acquire full ownership of Aireon—buying the remaining 61% from NAV CANADA, AirNav Ireland, ENAV, NATS and Naviair—for about $366.7 million. The move consolidates operations of Aireon’s space-based ADS-B surveillance network and signals intent to develop independent payloads, including VHF and PNT-related opportunities.