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IRDM

Iridium Communications Inc.

Sector: telecomTelecommunications ServicesNASDAQMarket Cap: $2.41B

Iridium Communications Inc. operates a global satellite communications network, with its primary political signal being a direct equity holding by former President Donald J. Trump valued between $1,001-$15,000.

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Govt Dependence
60/100
Regulatory Density
75/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat IRDM does

Iridium provides mobile voice and data communications services globally via its low-earth orbit satellite constellation. Its revenue is derived from commercial, government, and IoT subscriber services, with a significant portion tied to U.S. government contracts for secure, beyond-line-of-sight communications. The company's business model is capital-intensive, relying on its proprietary satellite network infrastructure.

12 months past · 3 months futureIRDM activity timeline

$57$36$15 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $55.72 hi $15.84 lo $47.30 CONGRESS 6 INSIDERS 0 13F FUNDS 30 BILLS 29 Two Sigma Investments · - $11163M · 2026-03-31Renaissance Technologies · OPENED $3553M · 2026-03-31Citadel Advisors · + $20M · 2025-12-31Citadel Advisors · + $15M · 2025-09-30Two Sigma Investments · + $13M · 2025-09-30Two Sigma Investments · - $12M · 2025-12-31Bridgewater Associates · + $7M · 2025-12-31Bridgewater Associates · OPENED $2M · 2025-09-30D.E. Shaw & Co. · + $1M · 2025-12-31D.E. Shaw & Co. · + $1M · 2025-09-30 MARKUP · House Energy and Commerce Subcommittee on Energy · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Health · 2026-09-15MARKUP · Senate Commerce, Science, and Transportation · 2026-09-16MARKUP · Senate Commerce, Science, and Transportation · 2026-09-17
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
248 trading days · 0 congressional trades shown · 0 insider buys · 10 13F filings · 0 past bill actions · 4 upcoming markups

Executive Branch ConflictsIRDM held by Trump-administration officials

Lifetime Government AwardsIRDM federal contracts

IRDM doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding IRDM

$14.74B
Total IRDM held by tracked 13F funds
5
Funds with IRDM positions
+1
Funds opened this quarter
Two Sigma Investments $11.16B -43% 2026-03-31
Renaissance Technologies $3.55B opened 2026-03-31
Citadel Advisors $20M +33% 2025-12-31
Bridgewater Associates $7M +260% 2025-12-31
D.E. Shaw & Co. $603K +14% 2025-12-31

Congressional TradesWho in Congress is trading IRDM

2014-10-14 (unknown) Sale (Full) $15,001 - $50,000
2014-10-14 (unknown) sale $15,001 - $50,000
2014-06-05 (unknown) Purchase $1,001 - $15,000
2014-06-05 (unknown) purchase $1,001 - $15,000
2014-06-02 (unknown) Purchase $1,001 - $15,000
2014-06-02 (unknown) purchase $1,001 - $15,000
6+ trades on file · most recent 2014-11-04

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

10
stock awards · $110K market value
2026-03-31 Canfield Thomas C Director AWARD 1,257.4 sh $35K
2026-03-31 Olson Eric T Director AWARD 756.7 sh $21K
2026-03-31 NIEHAUS ROBERT H Director AWARD 742.9 sh $21K
2026-03-31 Krongard A B Director AWARD 639.6 sh $18K
2026-03-31 FRAZIER LEON ANTHONY Director AWARD 182.4 sh $5K
2026-03-31 FITZPATRICK THOMAS Director AWARD 95.4 sh $3K
2026-03-31 Shivanandan Monique S. Director AWARD 85.5 sh $2K
2026-03-31 Alterman Louis M Director AWARD 74.1 sh $2K
For IRDM, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting IRDMLive legislation impacting this stock

Political ProfileWhere IRDM sits in Washington

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STRUCTURAL: High regulatory exposure (75) from 8 telecom bills. EVIDENTIARY: Direct executive branch holding by Donald J. Trump (`get_executive_branch_exposure.by_ticker[0].holdings[0]`). Net: Evidentiary signal is isolated and small-scale ($1,001-$15,000), countered by zero lobbying spend, zero donations, and zero congressional trading activity.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Spectrum allocation and orbital debris regulation
    Federal Communications Commission (FCC)
    "High `regulatory_density_score` (75) and 8 recent telecom-sector bills with revenue impact, per `Recent bill_impacts`."

Regulatory opportunities

  • Secure communications contracts for defense and homeland security
    Department of Defense (DoD)
    "Sector classification includes Aerospace & Defense; business model is dependent on government contracts."
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Frequently AskedAbout IRDM & political exposure

Does Iridium Communications Inc. (IRDM) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Iridium Communications Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own IRDM stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in IRDM on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded IRDM stock?
6 congressional trades by 1 unique members of Congress, most recently on 2014-10-14. See the Congressional Trading panel for politician-by-politician breakdown.
What is IRDM political risk profile?
Government dependence: 60/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track IRDM political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. IRDM data is updated daily from these official federal sources.