ClosedPublished 7 Jul 2026

Iridium Communications Inc. /
Aireon

Iridium completes purchase of Aireon Holdings LLC

Buy side: Iridium Communications Inc.
Buy sideIridium Communications Inc.
Target: Aireon
TargetAireon
Iridium Communications Inc. · 7 Jul 2026Source
Buy side: Iridium Communications Inc.
Buy sideIridium Communications Inc.
Target: Aireon
TargetAireon
01 / BuyerIridium Communications Inc.
02 / TargetAireon
Source for the buyer and target: Iridium Communications Inc.

For the buyer and target.

“On July 2, 2026 (the “Aireon Closing Date”), Iridium Communications Inc. (the “Company”), through its wholly owned subsidiary Iridium Monitor Holdings LLC (“Iridium Monitor Holdings”), completed its previously announced acquisition of the remaining 61% of equity interests in Aireon Holdings LLC (“Aireon”) that the Company did not already own pursuant to a Securities Purchase Agreement with NAV CANADA, the Irish Air Navigation Service, ENAV S.P.A., Naviair Surveillance A/S, NATS (Services) Limited, and certain of their affiliated entities (collectively, the “Sellers”).”

Published 7 Jul 2026

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01

What happened

On July 2, 2026, Iridium Communications Inc. completed its purchase of the remaining 61% of Aireon Holdings LLC that it did not already own. The transaction gives Iridium indirect ownership of all membership interests in Aireon and its subsidiary Aireon LLC. [01]

The aggregate purchase price was approximately $366.7 million. Half was paid in cash at closing, with the remainder deferred as a loan from the Sellers. [01]

02

The source

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01
Source · Iridium Communications Inc.

Iridium completes purchase of Aireon Holdings LLC

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03

Timeline

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  1. Also stated

    “Iridium completes purchase of Aireon Holdings LLC On July 2, 2026, Iridium Communications Inc. completed its purchase of the remaining 61% of Aireon Holdings LLC that it did not already own”

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  2. Published by Iridium Communications Inc.

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This dealIridium Communications Inc. / AireonClosed · Published 7 Jul 2026
BuyerIridium Communications Inc.TargetAireon
This dealIridium Communications Inc. / Aireon

Closed · Iridium Communications Inc. / Aireon deal (Closed, published 7 Jul 2026).

Published 7 Jul 2026
Timeline
  1. Also stated
  2. Published by Iridium Communications Inc.
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Deal Web as a list
  • Iridium Communications Inc. (Buyer) buyer this deal. Iridium Communications Inc.: 1 deal on Carrywatch.
  • Aireon (Target) target this deal. Aireon: 1 deal on Carrywatch.