IRDM Iridium Communications Stock Outlook 2026: L-Band Moat and the Stardust Bet
Iridium (IRDM) at $51 with a $5.4B market cap. The real thesis isn't the 66 satellites — it's the L-band spectrum license that no competitor can replicate. Project Stardust changes the addressable market.
IRDM Iridium Communications satellite communications