What Happened
Deal Expands Global Aviation Safety Capabilities Through Satellite Technology
Iridium Communications has agreed to acquire Aireon, a company providing space-based aircraft tracking systems, for approximately $366.7 million plus debt. Aireon’s technology, which uses Iridium’s satellite constellation, tracks ADS-B-equipped aircraft globally, including over oceans and remote areas. The acquisition is part of Iridium’s broader aviation safety strategy, which includes surveillance, safety communications, and data services. As reported by AeroTime, the deal is expected to close in early July 2026, with Aireon continuing its operations without planned changes in business strategy.