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NASDAQ:IRDM News 1 June 2025 - 2 June 2025

Satellite Phones: A Comprehensive Report

Satellite Phones: A Comprehensive Report

Iridium, a LEO network, started service in 1998 and operates 66 active cross-linked satellites, delivering near-global coverage, with the Iridium NEXT second-generation network launched in 2019. Globalstar uses 48 satellites (24 second-generation as of 2013), has no inter-satellite links and relies on ground gateways, and Apple’s Emergency SOS on iPhone 14 uses about 85% of Globalstar’s capacity for emergency texts. Inmarsat operates a GEO fleet of about 11 satellites, offers IsatPhone handheld services, the IsatPhone 2 provides ~8 hours of talk time and 160 hours of standby, and Inmarsat expanded with I-4/I-6 series after its 2023 acquisition by Viasat. Thuraya
2 June 2025
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Global Satellite and Space Industry Report 2025: Market Overview and Outlook to 2030

Global Satellite and Space Industry Report 2025: Market Overview and Outlook to 2030

In 2024, the global space economy reached $415 billion in revenue, up 4% from 2023. Commercial satellite activities totaled about $293 billion in 2024, representing 71% of the global space economy. The number of operational satellites rose from roughly 3,371 in 2020 to 11,539 by the end of 2024, a more than threefold increase. SpaceX dominated US launches in 2024, conducting 138 of 145 orbital launches with Falcon 9/Heavy rockets and Starship test flights. In 2024, the United States accounted for about 65% of global launch revenue; China performed 68 orbital launches, and Europe conducted 3. Global government space spending
1 June 2025
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Stock Market Today

Montage Technology Class A stock slides — traders now fixate on its Hong Kong debut

Montage Technology Class A stock slides — traders now fixate on its Hong Kong debut

8 February 2026
Montage Technology’s Shanghai-listed shares fell 2.74% to 163.54 yuan Friday, extending losses before its Hong Kong debut. The company priced its H-share sale at HK$106.89, raising about HK$6.90 billion. Hong Kong’s public tranche was 707 times subscribed. In grey market trading, shares traded around HK$152.5, 43% above the offer price.
Suzhou TFC Optical (300394.SZ) stock: 3 signals to watch before China’s short, pre-holiday week

Suzhou TFC Optical (300394.SZ) stock: 3 signals to watch before China’s short, pre-holiday week

8 February 2026
Suzhou TFC Optical closed up 0.4% at 252.97 yuan Friday after heavy trading and sharp swings, ranking as the No. 2 most-traded Shenzhen stock via Stock Connect. Margin financing and securities lending fell, with net margin selling of 419 million yuan. Shanghai and Shenzhen markets will close Feb. 16–23 for the Spring Festival. The company expects 2025 net profit to rise 40–60% year-on-year.
GigaDevice Semiconductor stock price: What to watch for 603986 A-shares as memory crunch bites

GigaDevice Semiconductor stock price: What to watch for 603986 A-shares as memory crunch bites

8 February 2026
GigaDevice Semiconductor’s Class A shares closed at 276.17 yuan in Shanghai, down 0.6% Friday. The company faces a Feb. 11 shareholder vote on related-party transaction limits and an overseas auditor. Investors are watching for fallout from the global memory-chip shortage, which has pushed prices higher across the supply chain. GigaDevice’s shares have nearly doubled over the past year.
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