- American City Business Journals•2 days ago
SpaceX has pushed back the date for resuming launches from this month to January to allow more time for preparation and testing following the September explosion of a Falcon 9 rocket on the launchpad. Satellite communications company Iridium Communications Inc. had planned to launch its next-generation global satellite on SpaceX's Falcon 9 rocket with lift-off scheduled for Dec. 16. In November, SpaceX was awarded a $112 million contract from NASA on Nov. 22 to launch a satellite that will monitor the Earth's bodies of water.
- Reuters•2 days ago
CAPE CANAVERAL, Fla., Dec 7 (Reuters) - - Elon Musk's SpaceX has been forced to delay the return of its rockets to flight until January as an investigation continues into a launch pad explosion earlier this year, the tech billionaire' s company said on Wednesday. The company had hoped to launch a Falcon 9 rocket on Dec. 16 to put 10 satellites into orbit for Iridium Communications Inc., but did not receive a required license to fly from the Federal Aviation Administration, which oversees U.S. commercial space transportation. "We are finalizing the investigation into our September 1 anomaly and are working to complete the final steps necessary to safely and reliably return to flight, now in early January," SpaceX said in a statement.
- Bloomberg•2 days ago
SpaceX plans to launch several Iridium communications satellites in early January, delaying its return to flight after a Sept. 1 fireball destroyed a Falcon 9 rocket on a Florida launch pad.
IRDM : Summary for Iridium Communications Inc - Yahoo Finance
Iridium Communications Inc. (IRDM)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||9.50 x 100|
|Ask||10.15 x 600|
|Day's Range||9.65 - 10.00|
|52 Week Range||6.14 - 10.00|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||523.68|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|