Iridium pulls $1 billion 2030 service revenue goal amid SpaceX’s D2D push
Iridium’s shares closed down more than 7% Oct. 23 after the satellite operator lowered its full-year service revenue outlook again, while withdrawing its $1 billion target for 2030 amid mounting competition from SpaceX.
The post Iridium pulls $1 billion 2030 service revenue goal amid SpaceX’s D2D push appeared first on SpaceNews.
Source: https://spacenews.com/iridium-pulls-1-billion-2030-service-revenue-goal-amid-spacexs-d2d-push/
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