Acquisition History / Iridium Communications Inc. / Aireon Holdings LLC (remaining 61% interest)
Iridium Communications Inc. Acquires Aireon Holdings LLC (remaining 61% interest)
Announced July 7, 2026 — $366.7M
What happened
Iridium acquired the remaining 61% of Aireon Holdings that it did not already own from NAV CANADA and other sellers, giving it full ownership of the space-based ADS-B aircraft surveillance provider. The aggregate purchase price was approximately $366.7M, half paid in cash at closing and half deferred as a seller loan.
- Acquirer
- Iridium Communications Inc.
- Target
- Aireon Holdings LLC (remaining 61% interest)
- Announced
- July 7, 2026
- Price
- $366.7M
- Industry
- Space-based aircraft surveillance
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Iridium Communications Inc. acquire Aireon Holdings LLC (remaining 61% interest)?
Iridium Communications Inc. acquired Aireon Holdings LLC (remaining 61% interest) on July 7, 2026. This was Iridium Communications Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Iridium Communications Inc. pay for Aireon Holdings LLC (remaining 61% interest)?
Iridium Communications Inc. paid $366.7M for Aireon Holdings LLC (remaining 61% interest).
What does Aireon Holdings LLC (remaining 61% interest) do?
Iridium acquired the remaining 61% of Aireon Holdings that it did not already own from NAV CANADA and other sellers, giving it full ownership of the space-based ADS-B aircraft surveillance provider. The aggregate purchase price was approximately $366.7M, half paid in cash at closing and half deferred as a seller loan.
What other Space-based aircraft surveillance companies has Iridium Communications Inc. acquired?
Aireon Holdings LLC (remaining 61% interest) is Iridium Communications Inc.'s only publicly tracked acquisition in Space-based aircraft surveillance so far.