Iridium to acquire Aireon in $166M deal, bringing space-based ADS-B fully in-house
Iridium Communications has signed a definitive agreement to acquire Aireon LLC, which operates space-based ADS-B for aircraft surveillance. NAV Canada will sell its entire equity stake in Aireon Holdings to an Iridium subsidiary for $166 million. The move consolidates Aireon’s tracked-aircraft capability inside Iridium’s satellite network business.