Blog: IRIDIUM COMMUNICATIONS INC. : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

Item 2.02. Results of Operations and Financial Condition.

On July 26, 2022, Iridium Communications Inc. issued a press release announcing
its financial results for the quarter ended June 30, 2022. The text of the press
release is included as Exhibit 99.1 to this Form 8-K. Pursuant to the rules and
regulations of the Securities and Exchange Commission, such exhibit and the
information set forth therein and herein are deemed to be furnished and shall
not be deemed to be filed.

Item 7.01. Regulation FD Disclosure.

On July 26, 2022, Iridium Communications Inc. announced that it had entered into
a development agreement to enable Iridium’s technology in smartphones. The
agreement is contingent upon the successful development of the technology, as
well as negotiation and execution of a service provider agreement, which the
Company expects to finalize by the end of the year. The development agreement
also provides for development fees, royalties and network usage fees to be paid
to Iridium. To protect each company’s investment in this newly developed
technology, the overall arrangement will include substantial recoupment payments
from each company for commercializing a similar capability with another party.
The agreement also contains termination provisions and other rights, including
in the case of a change of control of Iridium.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.

Exhibit
Number       Description

99.1           Press release dated July 26, 2022

104          Cover Page Interactive Data File (embedded within the Inline XBRL
             document).*



*   Submitted electronically with this Report in accordance with the provisions
    of Regulation S-T


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