Iridium's IoT Leap: A Satellite Boost for Remote Data
Update: 2025-10-02
Description
Iridium stock jumps on new Karrier One partnership to expand IoT globally! The deal leverages Iridium's satellites for remote connectivity, bypassing traditional base stations. But despite the initial 4% surge, the stock remains volatile and down 38% YTD, overshadowed by AI tech stocks. Is this a blip or a turning point for the satellite communications provider?
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