Skip to main content
← All exclusions

Iridium Communications Inc

IRDM

Communication Services

1

exclusion reason

1 theme

Weapons & Military (1)
IRDM Communication Services Current as of March 2026

Iridium Communications Inc is screened out under 1 exclusion reason spanning 1 issue category.

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.

Military Contracting
Since Jul 28, 2021

Iridium Communications Inc. operates a global satellite communications network that is a critical, purpose-built asset for U.S. military operations. The company’s core service, Iridium Certus, is marketed specifically for defense applications, providing secure, beyond-line-of-sight voice and data connectivity for command and control, intelligence, surveillance, and reconnaissance (ISR). In June 2024, Iridium secured a new five-year, $94 million contract with the United States Space Force's Space Systems Command. This follows a July 2019 contract extension from the Department of Defense valued in excess of $400 million, indicating deep, ongoing integration with military infrastructure.

The company’s business development is explicitly oriented toward military customers. Iridium maintains a Vice President of Government Programs and conducts partnership-driven field exercises, such as Operation Arctic Lynx, to demonstrate tactical applications for warfighters. Its technology is integrated into specialized military systems; for example, General Dynamics Mission Systems and Iridium were jointly awarded a contract by the Space Development Agency for proliferated low-Earth orbit (pLEO) communications, a key component of the Pentagon's Joint All-Domain Command and Control (JADC2) initiative. While Iridium’s exact percentage of defense revenue is not publicly broken out in the provided evidence, the scale of its long-term contracts, specialized marketing, and integration into weapons platforms meets the threshold for material military application.

Research Sources 9 organizations

Wondering what we do invest in?

The Naughty List

A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.

RSS feed No spam · Unsubscribe anytime

Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.