See More StocksHome

IRDM

Iridium Communications Inc

Show Trading View Graph

Mentions (24Hr)

1

0.00% Today

Reddit Posts

r/wallstreetbetsSee Post

Let’s talk about SpaceX’s TAM and it’s potential impact on other space stocks

r/stocksSee Post

Would it be a dumb idea to roll 100k on IRDM to take benefit of the spread?

r/pennystocksSee Post

GCTS update part 4.

r/smallstreetbetsSee Post

Can't buy SpaceX directly yet. Here's everything that moves with it.

r/WallstreetbetsnewSee Post

IRDM Iridium stock

r/pennystocksSee Post

GCTS update part2

r/wallstreetbetsSee Post

IRDM YOLOZ going well (so far)

r/wallstreetbetsSee Post

Sheeeesh

r/wallstreetbetsSee Post

Sheeeesh

r/wallstreetbetsSee Post

Sheeeesh

r/wallstreetbetsSee Post

Sometimez is crazy gainz | $IRDM

r/pennystocksSee Post

stocks connected to SpaceX? For when the ipo drops?

r/wallstreetbetsSee Post

What’s up playa ? $IRDM

r/pennystocksSee Post

🌨️ The “Snowstorm Basket” Isn’t One Sector. It’s Power + Data + Logistics + Water.

r/pennystocksSee Post

📡 When Roads Close and Towers Go Dark, This Is the Backup Layer

r/wallstreetbetsSee Post

Eutelsat ($ETL) – next ASTS?

r/stocksSee Post

ASTS vs IRDM - I can´t make up my mind.

r/stocksSee Post

Is Low-Earth Orbit the next big economic frontier, and are we totally underestimating how fast it's arriving? Are you positioned for this?

r/wallstreetbetsSee Post

To all the ASTS haters, you're going to lose money anywhere you go, even the ocean!

r/wallstreetbetsSee Post

4/20 Yearly ASTS Update - Mixed bag or Future winner?

r/stocksSee Post

What stock under $10 are you most confident can reach $50 in 5 years?

r/wallstreetbetsSee Post

[Yearly Update #2] $ASTS, mixed bag but ultimate winner?

r/wallstreetbetsOGsSee Post

Interesting moving Ticker: $META

r/wallstreetbetsSee Post

Tickers of interest

r/wallstreetbetsSee Post

Tickers of Interest

r/wallstreetbetsSee Post

AST Spacemobile ($ASTS) - A long-term, asymetrical bet

r/wallstreetbetsSee Post

If Alien life was discovered today, where are you yolo'ing your entire life savings?

r/wallstreetbetsSee Post

🚀👩‍🚀🛰 Space 2.0 Valuation Comparison 🛰👩‍🚀🚀

r/wallstreetbetsSee Post

🚀👩‍🚀🛰 Space 2.0 Valuation Comparison 🛰👩‍🚀🚀

r/stocksSee Post

My Apple satelite play DD

r/wallstreetbetsSee Post

IRDM - Iridium (gave you a heads up)

r/wallstreetbetsSee Post

$GSAT $ASTS $IRDM $AAPL Thoughts on Kuo iPhone 13 LEO Connectivity Rumors

r/wallstreetbetsSee Post

$GSAT $ASTS $IRDM $AAPL Thoughts on Kuo iPhone 13 LEO Connectivity Rumors

r/SPACsSee Post

Signs of Life? Space Valuation Overview $ASTS $IRDM $NSH $SFTW $GNPK $SPFR $ASTR $SPCE $SRAC $VACQ

r/stocksSee Post

Starlink plays

r/stocksSee Post

IRDM Analysis

r/wallstreetbetsSee Post

You've heard of $GSAT, meet $IRDM

r/wallstreetbetsSee Post

Pentagon UAP report supposed to be released by Friday - this may be when space companies start to take off - see MAXR, IRDM, SPCE

r/wallstreetbetsSee Post

UFO report supposed to be released by Friday - MAXR, IRDM, SPCE will benefit

r/stocksSee Post

UFO report supposed to be released by Friday - MAXR, IRDM, SPCE will benefit

r/wallstreetbetsSee Post

UFO report supposed to be released by Friday - MAXR, IRDM, SPCE will benefit

r/wallstreetbetsSee Post

[DD] $ASTS a Binary Bet with Deep Space Value

r/stocksSee Post

How do you know when to cut your losses?

r/WallstreetbetsnewSee Post

News about Iridium and Qualcomm’s MoU Agreement from yesterday $IRDM $QCOM 🚀

r/WallStreetbetsELITESee Post

The Space Theme Could Dominate the Stock Market for Decades (AJRD, LMT, KULR, SPCE, BA, IRDM)

r/WallStreetbetsELITESee Post

Is KULR Technology Group Inc (OTCMKTS:KULR) on a Path Toward ARKX Space ETF Inclusion After an Uplist? (TRMB, ARKX, LMT, IRDM)

r/StockMarketSee Post

IRDM spiked during after-hours following the deal signed with Qualcomm

r/WallstreetbetsnewSee Post

IRDM - Iridium just spiked during after hours, following the exclusive agreement signed with Qualcomm

r/StockMarketSee Post

$IRDM — Iridium signed an exclusive agreement with Qualcomm to launch “ satellite-assisted” smartphones

r/optionsSee Post

IRDM Calls / Catalyst: The deal signed with Qualcomm to launch satellite-assisted smartphones

r/WallstreetbetsnewSee Post

$IRDM — Iridium signed an exclusive agreement with Qualcomm

r/stocksSee Post

Iridium (IRDM) discussion.

r/optionsSee Post

Thinking about frontrunning ARKX launch by buying calls on IRDM

Mentions

It depends on the partnership companies like IRDM, GSAT. But atleast 2027 eoy I want 10. 2026 hmm maybe 4

Mentions:#IRDM#GSAT

And technically RKLB too since they're acquiring IRDM

Mentions:#RKLB#IRDM

RKLB is projected to hit profitability end of next year after IRDM merger

Mentions:#RKLB#IRDM

Don't understand the fascination with RKLB, it was a nice option if you wanted to have exposure to space before SPCX IPO'd, but even after this selloff, it's still incredibly overpriced (40X Sales) and still unprofitable, after 20 years in business. Their new Neutron rocket is at least 2 years away from generating any real revenue, that's if doesn't get delayed again. The company has no real moat and their recent IRDM acquisition will be an albatross well into mid 2027 (not to mention they will blow through all their cash and need to dilute again).

Honestly with IRDM acquisition and increased Electron capacity due to new contracts with the DoD they might get profitable around 2027/28

Mentions:#IRDM

Don't understand the fascination with RKLB, it was a nice option if you wanted to have exposure to space before SPCX IPO'd, but even after this selloff, it's still incredibly overpriced (40X Sales) and still unprofitable, after 20 years in business. Their new Neutron rocket is at least 2 years away from generating any real revenue, that's if doesn't get delayed again. The company has no real moat and their recent IRDM acquisition will be an albatross well into mid 2027 (not to mention they will blow through all their cash and need to dilute again). Company heading below $40 and maybe $30, some of you will wish you sold it at $67.

Still way too expensive at $40 billion cap and no profits in sight. IRDM $8 billion acquisition will be an albatross around its neck for a whole year, and their Neutron rocket is at least 2 years away from generating any meaningful revenue. Why buy a second fiddle with no real moat?

Mentions:#IRDM

RKLB is heading to $30-$40 and IRDM will follow.

Mentions:#RKLB#IRDM

IRDM isn't going to exist in a year

Mentions:#IRDM

Iridium (IRDM) with their new PNT chip could likely disrupt the dependency on GPS for critical systems in the next 5-10 years.

Mentions:#IRDM

IMO RKLB bought IRDM as way to dilute there shares at overvalued price without coming out saying they are diluting shares.

Mentions:#RKLB#IRDM
r/stocksSee Comment

Good idea. When I started investing in both RKLB and ASTS (both were trading in the single digits at the time…), I always told people asking for me for stock tips in the space sector: Put 70-80% of your space allocation in RKLB and the remainder in ASTS, because RKLB was (and still is) a more mature company with revenue - even more so once the Iridium IRDM merger passes. (I still own both RKLB and ASTS, but sold some off when both were trading well above $100).

r/stocksSee Comment

I was considering buying into IRDM late last year. Missed that one!

Mentions:#IRDM

$3.6B bridge loan = dilution bomb. When that converts, current shareholders get diluted. The market is pricing that risk right now (post-deal fade) Integration risk on a \~$48B company absorbing an $8B acquisition. Cultural mismatch, regulatory headaches, IRDM contract transitions., Path to profitability is murky. Losses still expected through 2026; consensus EPS turns positive only in 2027–2028. This is a story stock, not a P/E stock., Chart is broken at the moment. -47% from high, deal pop fully faded, volume declining. Could revisit the $75–$80 support zone easily., The Feb'24 effect: negative gaps after deal announcements in speculative names... there's precedent for further weakness even on "good" M&A. \-Bearish 2cents

Mentions:#IRDM

Don't mean to give any consolation or advice: I used to baghold MRNA and IRDM for 5 months and 4 months respectively. Pissed off and sold cutting loss. Then the two mofos pumped about 3 weeks after that. FML.

Mentions:#MRNA#IRDM

VSAT is only up after IRDM acquisition. The "space trade" is still dead.

Mentions:#VSAT#IRDM
r/stocksSee Comment

Unironically, RKLB likely bit off way more than they can chew, and I wouldn’t be shocked to see them split off and sell IRDM in a year or two. One of the biggest uses of IRDM’s satellites right now are emergency communications. EPIRBS, PLBs, ELBs, etc. Now RKLB is on the hook for making sure those services have 0 failures and 0 downtime, or they’ll lose the contracts that actually pay for IRDMs services. That aside, IRDM is getting sued for financial manipulation and failure of fiduciary duty. Damages from the loss of that suit would fall on RKLB directly (owing IRDM shareholders more shares, cash, or even having the deal fall through as well as pending SEC investigation and penalties for insider trading and collusion).

Mentions:#RKLB#IRDM

RKLB acquired IRDM giving RKLB more revenue. ASTS is doing a joint venture with Rakuten which makes them likely to get awarded the J-LEO contract.

Most likely no. Acquisition details have already been shared with the main point being that RKLB will purchase IRDM at a notional value of $54. IRDM will probably just stabilize around this price until mid-2027 which is when the deal will finalize. The entire options chain would have more or less already priced this in as of the announcement.

Mentions:#RKLB#IRDM

OP, $IRDM got bought out today. What a run...

Mentions:#IRDM

Iridium was the first space stock I bought way back, now RKLB is my biggest position since the run from $4. I’ve trimmed down IRDM over the years as I’ve diversified, they made me nothing but profit, but I’m happy to see an old friend returning to make me more money. 

Mentions:#RKLB#IRDM

Looks like I'm a new RKLB shareholder. Bought a few hundred shares of IRDM back on 1/8/26.

Mentions:#RKLB#IRDM

IRDM being up 22% in pre market is making me unbelievably horny

Mentions:#IRDM

Biggest loser of the RKLB-IRDM deal? ASTS....aka Theranos 2.0

IRDM halt Why?

Mentions:#IRDM

Is IRDM getting acquired tomorrow?

Mentions:#IRDM

I put $20 in LUNR, pl, Rklb, be, Inod, IRDM, insw…..etc years ago

Mentions:#LUNR#IRDM
r/wallstreetbetsSee Comment

IRDM up 10% today

Mentions:#IRDM
r/wallstreetbetsSee Comment

IRDM calls was the bet all along

Mentions:#IRDM
r/wallstreetbetsSee Comment

Here is my Space watchlist if you wanna get in. It may or may not go green today * ASTS * IRDM * LUNR * PL * RDW * RKLB * VSAT

r/wallstreetbetsSee Comment

I bought at $26 along with IRDM and I am happy with the results. I just wish I bought more.

Mentions:#IRDM
r/wallstreetbetsSee Comment

If you guys wanna buy the Space dip here are the tickers. If you make money just say ty * ASTS * IRDM * LUNR * PL * RDW * RKLB * VSAT

r/wallstreetbetsSee Comment

For shares: RKLB VSAT ASTS IRDM PL No opinion on options

r/wallstreetbetsSee Comment

Calls on VSAT and IRDM, then.

Mentions:#VSAT#IRDM
r/pennystocksSee Comment

They have so far partnered with Global Star ($GSAT) which was bought by Amazon for $11 Billion recently, partner with Iridium ($IRDM), selling to GOGO for in flight satellite networks and other satellite and IOT and NTN satellite infra device companies. They are not disclosing one new partner which they gave a simple clue that is a major satellite company (some best guessed companies are: Rocketlab / ASTS / Planet lab / SpaceX /

r/wallstreetbetsSee Comment

I laid 1/3 of one of my accounts into IRDM, a competitor.

Mentions:#IRDM
r/wallstreetbetsSee Comment

Im narrating facts, all of the above happened. RKLB went from 3 to 90, IRDM just went from 28 to 40. I got a lot of money as a result. You don’t understand how any of this works so you project your insecurities on me. Every one of you guys keeps doing the same thing and talking shit. Yet I went from 14K to 80K to 300K to 800K to 1.3M to 2M. And every single time I got dudes like you telling me I had no idea bla-bla-bla. Save my name somewhere and come back in two years. That number will be up, most likely 5M€. Then, 10M€ etc… You keep your mentality, I keep making millions ok ?

Mentions:#RKLB#IRDM
r/stocksSee Comment

>LUNR is speculative company based on lunar surface infrastructure. LUNR recently became the main manufacturer of satellite busses for LHX, IRDM, SATS, T/TPG (DirecTV), SIRI, and NOAA. They are also a significant guidance, propulsion, and navigation provider for LMT, B, GD, GY, Spectrum Astro, and NOC. This isn't even new news at this point. *Way* too many people are failing to understand the significance of the [Lanteris ](https://lanterisspace.com/about-us/history)and [KinetX ](https://www.kinetx.com/missions)acquisitions.

r/wallstreetbetsSee Comment

What was exactly that you did there? 1M on IRDM calls? For that 7%? 🫣 sorry, don’t know much about options

Mentions:#IRDM
r/wallstreetbetsSee Comment

> Latest couple of posts included me being extra smooth and telling you about $IRDM rerating OP can claim whatever he wants. No one can verify if he posted anything.

Mentions:#IRDM
r/wallstreetbetsSee Comment

IRDM was the play of the month. What's your next one? 👀

Mentions:#IRDM
r/stocksSee Comment

Buy IRDM

Mentions:#IRDM
r/stocksSee Comment

where is RKLB in all this? Wanna understand - satellite components companies, satellite makers, sending them off to orbits, and finally providing communication & intelligence services (where spectrum rights holders like IRDM come in). Does SpaceX does all of it or only a part? Little known player SATL is already doing much of these things too.

r/wallstreetbetsSee Comment

$IRDM is the new play boyss

Mentions:#IRDM
r/wallstreetbetsSee Comment

Has IRDM been talked about much in here? It's up over 100% ytd.

Mentions:#IRDM
r/wallstreetbetsSee Comment

AMZN is acquiring GSAT to compete with Starlink. GSAT is one of 3 companies who own global MSS spectrum, the other 2 are IRDM and VSAT. Those are the plays now.

r/wallstreetbetsSee Comment

Too late. IRDM or VSAT. The only other companies who hold global spectrum and likely to be acquired next.

Mentions:#IRDM#VSAT
r/wallstreetbetsSee Comment

There are only 3 companies who own global MSS (Mobile Satellite Services) Spectrum, GSAT, IRDM, and VSAT. He who owns the spectrum, owns the (global) market.

r/wallstreetbetsSee Comment

It's the spectrum stupid There are 3 companies who own global MSS spectrum, GSAT, IRDM, and VSAT.

r/stocksSee Comment

Not quite under the radar. IRDM, SATL may qualify as lesser known, under the radar 

Mentions:#IRDM#SATL
r/stocksSee Comment

IRDM is the next asts

Mentions:#IRDM
r/wallstreetbetsSee Comment

Why would anyone invest in IRDM when it has $1.8 billion of debt on its balance sheet against only $97 million of cash and $300 million of FCF? YoY revenue growth went from 17.34% in 2022 to 4.93% in 2025 and has been trending downwards each year in-between. What’s stopping L3Harris or Northrop from buying its L-band spectrum (arguably IRDM’s most valuable asset) and locking up government connectivity?

Mentions:#IRDM#FCF
r/wallstreetbetsSee Comment

Lol, the fox market... sneaky plays only. Gonna have to watch this $IRDM now.

Mentions:#IRDM
r/wallstreetbetsSee Comment

What's going on with IRDM? I bought a few hundred shares back in January. Its up 50% ytd. Not get rich quick, but it's a great return compared to the big boys. I saw momentum for it on X, and decided why not. I didn't see much on WSB, except for posts like 7 years ago. Maybe the search isn't great.

Mentions:#IRDM
r/stocksSee Comment

IRDM is better play, much more value 

Mentions:#IRDM
r/stocksSee Comment

I can't catch a break with earnings. IRDM down 7% on earnings

Mentions:#IRDM
r/investingSee Comment

$IRDM is a sleeper but idk. word about it has been spreadiny. our community is so fkn horny about it

Mentions:#IRDM
r/wallstreetbetsSee Comment

$GNRC Generac - southeast ice storm chaos swing trade $IRDM Iridium Communications - Greenland swing trade Thank you for your attention to this matter!

Mentions:#GNRC#IRDM
r/wallstreetbetsSee Comment

IRDM calls only space stock that hasnt doubled from its recent low

Mentions:#IRDM
r/wallstreetbetsSee Comment

IRDM is the next space stock to break out buy long 20c

Mentions:#IRDM
r/stocksSee Comment

Current valuations on the darlings like of RKLB (P/S over 70 with no profits) or ASTS which has no revenue and always behind schedule are just not sustainable. They may There are some growing space companies that still have some reasonable valuations, some suggested MDA Space but it's Canadian. RDW and LUNR are still reasonable (in comparison) and growing fast into space and national security defense. There are some legacy satellites companies but they're all struggling one way or the other mostly because of Starlink, GSAT has a deal with Apple but they're already over-valued based on their prospects. IRDM and VSAT have good defense units, IRDM has very good FCF. VSAT has an activist investor trying to spin off the defense unit. There are others like VOYG and FLY but not very good management. SATS is turning into a holding company after they sold off their spectrum and now own like 3% of SpaceX. Of course you could wait for SpaceX IPO but it's ridiculously overvalued as well considering all the smaller companies eating away at their business.

r/stocksSee Comment

You’re going to see a few players - spaceX and ASTS. You might see Amazon if they can get more spectrum. Likely see IRDM, GSAT taken out, VSAT spectrum might get sold and it’s A&D biz would be remainco

r/stocksSee Comment

IRDM, GSAT, VSAT likely get taken out. SATS is indirect spacex equity

r/stocksSee Comment

How's IRDM (iridium comm) at 15 PE, while ASTS trades at negative 110 PE? 😱  Please explain this!

Mentions:#IRDM#ASTS
r/wallstreetbetsSee Comment

Is $IRDM finally being bought out?

Mentions:#IRDM
r/wallstreetbetsSee Comment

$IRDM, buying back shares @ 50 for hundreds of millions, pausing buybacks when stock hits 16. Nice going.

Mentions:#IRDM
r/wallstreetbetsSee Comment

Look up into the night sky kid. See that? That's one of Iridium's $IRDM's satellites, burning investors' money with a bright blue flame.

Mentions:#IRDM
r/wallstreetbetsSee Comment

I am happy\* to inform you that I have both $GLOB (-68% YTD) and $IRDM (-35% YTD) in my portfolio. It takes special skill to pick losers like that.

Mentions:#GLOB#IRDM
r/wallstreetbetsSee Comment

I'm eyeing IRDM currently, yes it can't compete with the ultra high frequency tech of ASTS and Starlink but it's literally the backbone of a lot of US military comms. It's priced so damn reasonably too, it has good cash flows, is doing buybacks/dividends, and many of the insiders are buying. Less of a growth stock but I reckon it's pretty deep value.

Mentions:#IRDM#ASTS
r/wallstreetbetsSee Comment

IRDM baby! 3 % div and just got added to small cap index shares and calls combo sell calls right before ex div on fri and buy back on monday

Mentions:#IRDM
r/stocksSee Comment

IRDM

Mentions:#IRDM
r/wallstreetbetsSee Comment

NVO and IRDM yasss

Mentions:#NVO#IRDM
r/wallstreetbetsSee Comment

Value Plays: CMCSA | SONY | NVO | IRDM | SAN | MFG | ITUB | NU | OTC: NTDOY Nfa I just love these freakin stocks man. All about those net revenues right here. Also puts on SPYM as leverage.

r/wallstreetbetsSee Comment

$IRDM CEO and other Directors just bought a crap ton of shares! BUY! BUY! BUY!!!

Mentions:#IRDM
r/wallstreetbetsSee Comment

$IRDM CEO and other Directors just bought a crap ton of shares! BUY! BUY! BUY!!!

Mentions:#IRDM
r/wallstreetbetsSee Comment

SpaceX? Not Iridium? GSAT CEO says in talk with merge. IRDM CEO says they are looking for M&A during earnings call. Coincidence?

Mentions:#GSAT#IRDM
r/stocksSee Comment

Thank you very much for this. I think globalstar (GSAT) are the satellite providers that Apple are investing in. I’m just looking into that now so I thought to share in case that’s helpful to others. Also, I think Garmin use iridium communication’s (IRDM) satellites.

Mentions:#GSAT#IRDM
r/wallstreetbetsSee Comment

What if I told you AST is the reason IRDM is dead?

Mentions:#IRDM
r/wallstreetbetsSee Comment

What do people think of IRDM? Cheap to go in now?

Mentions:#IRDM
r/wallstreetbetsSee Comment

May I interest you regards in IRDM, GSAT or ASTS? Spit that SATS and SPAX out.

r/stocksSee Comment

IRDM is a terrible investment. ASTS or something else.

Mentions:#IRDM#ASTS
r/stocksSee Comment

I’ve mainly got ASTS and am betting on it doing well in the medium/long term. I’ve just checked out IRDM and holy moly, the stock has taken a hit in the past year! It looks like the future guidance has not served them well. Anyone got further info into what’s causing them to tank that much?

Mentions:#ASTS#IRDM
r/wallstreetbetsSee Comment

IRDM still has its frequency allocation and will recover. The filth of Elong will wash away.

Mentions:#IRDM
r/wallstreetbetsSee Comment

Why do ASTS and IRDM get their asses whooped by Elon Musk's deal with SATS but GSAT is unscathed? Anyone can explain?

r/wallstreetbetsSee Comment

AAPL bailed your ass out. Now do IRDM

Mentions:#AAPL#IRDM
r/wallstreetbetsSee Comment

IRDM bounce

Mentions:#IRDM
r/wallstreetbetsSee Comment

IRDM oof.

Mentions:#IRDM
r/stocksSee Comment

# Top holdings Top 10 holdingsAS OF Jul-31-202564.44%of 32 totalSymbolCompany NamePercentage[KTOS](javascript:void(0))Kratos Defense & Security Solutions Inc10.23%[RKLB](javascript:void(0))Rocket Lab Corp9.37%[AVAV](javascript:void(0))AeroVironment Inc7.52%[IRDM](javascript:void(0))Iridium Communications Inc6.52%[ACHR](javascript:void(0))Archer Aviation Inc Class A6.16%[PLTR](javascript:void(0))Palantir Technologies Inc Ordinary Shares - Class A5.39%[LHX](javascript:void(0))L3Harris Technologies Inc5.03%[TER](javascript:void(0))Teradyne Inc5.02%[TRMB](javascript:void(0))Trimble Inc4.96%[JOBY](javascript:void(0))Joby Aviation Inc4.24%

r/smallstreetbetsSee Comment

insurance, airlines, cruise lines, shipping likely drop. construction (CAT, J), materials (VMC, MLM), emergency suppliers (IRDM, PL), satellite/data comms (MAXR), and prefab housing (Skyline Champion - SKY) could benefit. energy/logistics rerouting could boost LNG names (LNG, FLNG). trading disasters is risky and timing-dependent. sentiment moves fast, headlines faster. if you’re not early, you’re probably exit liquidity. set alerts on TradingView, use Twitter/X lists, or monitor Breaking News on Koyfin to stay ahead.

r/StockMarketSee Comment

IRDM down 22%, is it a buy?

Mentions:#IRDM
r/wallstreetbetsSee Comment

Short answer, no. Longer answer 🥭 national defense strategy. There sure as shit are better plays than ASTS for that though. Their satellite signal can’t even penetrate leafs 😂 Long RKLB, LHX, IRDM

r/wallstreetbetsSee Comment

Short JOBY, ACHR. Long TXT, FINMY. Short QS. Long ENS. Short ASTS. Long RKLB, LHX, and IRDM. Ngl, I’m getting fucked up this past week fam, but I ain’t hear no bell.

r/stocksSee Comment

IRDM requires specialized software. It’s not even close to asts. They’d have to not only develop the tech but then put up an entire new constellation.

Mentions:#IRDM
r/wallstreetbetsSee Comment

People are acting like ASTS is some revolutionary stonk. 5 satellites, no coverage, can’t even penetrate trees… shits useless. IRDM actually makes money. Nobody is going to switch from cell service to satellites, it’s a fringe use case scenario for bumblefuck rural and even then starlink is still better

Mentions:#ASTS#IRDM
r/wallstreetbetsSee Comment

Nah, IRDM because they actually have paying customers

Mentions:#IRDM
r/stocksSee Comment

IRDM will be out of business in a couple years bc of ASTS

Mentions:#IRDM#ASTS
r/stocksSee Comment

The kinda scary part is that their competition, IRDM, is actually profitable already. ASTS seems like a moonshot compared to IRDM. But what do I know.

Mentions:#IRDM#ASTS
r/investingSee Comment

IRDM

Mentions:#IRDM
r/stocksSee Comment

The point is that is your base number of power users. Let’s say it runs to 20x what IRDM has, you’re talking about 50M users or so at the high end, and you’re going to need to get $100/user/year out of those to get to $5B revenue. For context, Disney+ has about 53M subscribers in the US. Kids watching TV is about as mainstream as you can get in America, so ASTS is going to need to grow to the same size as a century-old media conglomerate whose grip on culture in the US is about as tight as any company which exists? The utility of parking your kids on the couch to watch Frozen for the 70th time is so much greater than theoretically having cell service on Kilimanjaro it almost defies description.

Mentions:#IRDM#ASTS
r/stocksSee Comment

Hundreds of millions of dollars in projected revenue annually corresponds to about a $5B valuation. The use case you mentioned is virtually the only one where this product actually does drive real value, and by your own admission, is worth a maximum of hundreds of millions in top line. What are the other uses which are meaningful to cover the spread to the $18B or so valuation it is currently sporting? That’s why I brought up IRDM. Non-emergency users are a tiny fraction of the population that will pay actual money for this. Most people who are out in the wilderness are there explicitly to unplug. I don’t want cell service at the top of a mountain.

Mentions:#IRDM