Iridium Communications Moves to Full Ownership of Aireon to Bolster Global Air Traffic Surveillance
Strategic Acquisition to Reshape Air Traffic Monitoring Iridium Communications announced this week its agreement to acquire the remaining stake in Aireon, the satellite-based flight tracking company, in a move designed to consolidate control over global air traffic surveillance technology. Based in McLean, Virginia, Iridium currently owns approximately 19% of the venture and will move to…
