Iridium (IRDM) Launches A New IoT Module As Mlink Chipset Reaches Orbit Tests

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• Iridium Communications (NasdaqGS:IRDM) announced that Mlink Technology’s MS150-IR chipset has progressed to live, on-orbit testing using the Iridium NTN Direct service.

• The company also launched the Iridium 9604 module and Development Kit, aimed at supporting global multi-mode Internet of Things connectivity.

• Both announcements relate to Iridium’s satellite powered IoT offering, including direct-to-device and hybrid satellite cellular solutions.

Iridium Communications operates a global satellite network that targets use cases where terrestrial coverage is limited or unavailable, including IoT connections for industrial, transport, and remote monitoring applications. The shift of Mlink’s MS150-IR chipset into on-orbit testing sits within a broader push across the sector to support standards-based, direct-to-device satellite connectivity for IoT hardware. For investors tracking satellite IoT, this keeps attention on how quickly hardware partners move from lab work to field deployment.

The commercial launch of the Iridium 9604 module and Development Kit is relevant if you are watching developer adoption and integration timelines. By framing the kit around multi-mode satellite and cellular use, Iridium Communications is signaling a focus on devices that can move between coverage types with fewer design trade-offs. How manufacturers respond to these tools and how quickly products move into commercial use will be important datapoints for anyone following NasdaqGS:IRDM.

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📰 Beyond the headline: 1 risk and 2 things going right for Iridium Communications that every investor should see.

Quick Assessment

• ❌ Price vs Analyst Target: Iridium Communications trades at US$41.84, about 10.5% above the US$37.88 analyst target.

• ✅ Simply Wall St Valuation: The stock is flagged as undervalued, trading roughly 72.4% below an internal fair value estimate.

• ❌ Recent Momentum: The share price is down 16.6% over the past 30 days.

There’s only one way to know the right time to buy, sell or hold Iridium Communications. Head to Simply Wall St’s company report for the latest analysis of Iridium Communications’s Fair Value.

Key Considerations

• 📊 The shift of the MS150-IR chipset to on orbit testing and the launch of the 9604 module both align with Iridium Communications’ satellite IoT focus, which could influence how investors view its long term opportunity set.

• 📊 Watch adoption of the new module and developer kit, the pace of commercial deployments using NTN Direct, and how these factors feed into revenue, margins, and capital needs.

• ⚠️ Simply Wall St highlights that interest payments are not well covered by earnings, so consider debt servicing alongside any growth in IoT activity.

Dig Deeper

For the full picture including more risks and rewards, check out the complete Iridium Communications analysis. Alternatively, you can check out the community page for Iridium Communications to see how other investors believe this latest news will impact the company’s narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include IRDM.

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