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Iridium Communications Inc. (formerly Iridium Satellite LLC) is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation , a system of 75 satellites: 66 are active satellites and the remaining nine function as in-orbit spares. [2]
Overview. The Iridium system was designed to be accessed by small handheld phones, the size of a cell phone. While "the weight of a typical cell phone in the early 1990s was 10.5 ounces" (300 grams) Advertising Age wrote in mid 1999 that "when its phone debuted, weighing 1 pound (453 grams) and costing $3,000, it was viewed as both unwieldly and expensive."
As of 2020, the most expensive non- synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume. Carbon in the form of diamond can be more expensive than rhodium. Per-kilogram prices of some synthetic radioisotopes range to trillions of dollars.
While Verizon (VZ) surpasses second-quarter 2021 earnings estimates on increased adoption of 5G devices and premium unlimited wireless plans, Iridium (IRDM) beats the same on healthy top-line growth.
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Iridium is a chemical element; it has symbol Ir and atomic number 77. A very hard, brittle, silvery-white transition metal of the platinum group, it is considered the second-densest naturally occurring metal (after osmium) with a density of 22.56 g/cm 3 (0.815 lb/cu in) as defined by experimental X-ray crystallography.
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