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Space Development Agency Award Continues Iridium’s Commercial Innovation Delivery Strategy for Government

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MCLEAN, Va., Oct. 15, 2024 /PRNewswire/ — Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced the Space Development Agency (SDA) has awarded the General Dynamics Mission Systems (GDMS) and Iridium team a $491.6 million contract modification in support of its Ground Management and Integration (GMI) program for the Proliferated Warfighter Space Architecture (PWSA). Of this amount, Iridium’s share has a value of $239 million over five years. This award follows an initial Operations and Integration Contract award in 2022 to build ground entry points and operations centers and manage network operations and systems integration services.

“We are committed to delivering SDA and our warfighters an innovative and effective ground system that leverages the many years of Iridium’s unparalleled commercial LEO development and operations expertise, helping to ensure they are prepared for the challenges of today and the future,” said Scott Scheimreif, executive vice president, government programs, Iridium. “Iridium is excited to be part of this groundbreaking SDA program with our partner General Dynamics Mission Systems.”

With over 20 years of experience operating a crosslinked low-Earth orbit (LEO) satellite constellation, Iridium is the pre-eminent leader in commercial satellite communications network management. This unique expertise which includes ground segments, orbital operations and space sustainability leadership, is dedicated to supporting the SDA’s efforts to integrate innovative commercial strategies that help the United States quickly deploy the most effective space technologies available in support of the warfighter. Through this new contract modification, the GDMS-Iridium team will deliver a forward-compatible, state-of-the-art ground system developed in close partnership with SDA and related stakeholders. The companies will manage integration of the ground enterprise with SDA’s Tranche 2 constellation. This includes all required services ranging from engineering design and analysis to testing, maintenance, infrastructure management and site support.

For more information about the PWSA and SDA visit: https://www.sda.mil

To learn more about Iridium visit: https://www.iridium.com

About Iridium Communications Inc. 

Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles, Inc. and announced the Iridium Satellite Time and Location service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com. 

Forward-Looking Statements Disclosure

Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company has based these statements on its current expectations and the information currently available to us. Forward-looking statements in this press release include statements regarding the value of the contract award and the capabilities of the SDA network. Forward-looking statements can be identified by the words “anticipates,” “may,” “can,” “believes,” “expects,” “projects,” “intends,” “likely,” “will,” “to be” and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties regarding U.S. government procurement and development of the SDA network, as well as general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption “Risk Factors” in the Company’s Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission (the “SEC”) on February 15, 2024, and the Company’s Form 10-Q for the quarter ended June 30, 2024, filed with the SEC on July 23, 2024, as well as other filings Iridium makes with the SEC from time to time. There is no assurance that Iridium’s expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium’s underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium’s forward-looking statements speak only as of the date of this press release, and Iridium undertakes no obligation to update forward-looking statements.

Press Contact:

Investor Contact:

Jordan Hassin

Kenneth Levy

Iridium Communications Inc.

Iridium Communications Inc.

Jordan.Hassin@Iridium.com

Ken.Levy@Iridium.com

+1 (703) 287-7421

+1 (703) 287-7570

X: @Iridiumcomm

 

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SOURCE Iridium Communications Inc.

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PASHA Holding Hosts Inspiring Panel on Women in Sustainability

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January 15, 2025

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BAKU, Azerbaijan , Jan. 15, 2025 /PRNewswire/ — On November 21, PASHA Holding proudly hosted a dynamic panel discussion on Women in Sustainability. The session highlighted the invaluable role women play in driving environmental innovation, addressing climate challenges, and fostering equitable, resilient communities.

Moderated by the Head of PR and Communications of PASHA Holding, Aytaj Mukhtarzada, the panel featured inspiring leaders, such as Khayala Eylazova – EMEA Consulting, Operations Transformation, and UN Women UK Partnership & Philanthropy Board Member, Khayala Naghiyeva – CEO of Clean Energy Invest LLC and CFO of AGEC, and Hina Saifi – UNICEF India & YuWaah Youth Climate Leader.

The discussion explored the opportunities and challenges women encounter in sustainability leadership, emphasizing the transformative impact of gender diversity in creating a greener, more inclusive future.

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SOURCE PASHA Holding

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PASHA Holding Hosts Panels at COP29 on Digitalization, Governance, and Sustainable Growth

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January 15, 2025

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BAKU, Azerbaijan , Jan. 15, 2025 /PRNewswire/ — Within COP29, several key figures from renowned organizations participated in influential panels organized by PASHA Holding, focusing on key areas such as digitalization, governance, and empowering future talent for sustainable growth.

On November 16, Farid Huseynov, CEO of Kapital Bank, Irem Poyraz, Head of PR & Sustainability at Trendyol, Khayala Eylazova from PwC EMEA Advisory, and Timothy Grosser, Partner at EY, discussed the critical role of fintech and AI in reducing carbon emissions during the Sustainability Through Digitalization panel, organized by PASHA Holding. They explored how emerging technologies can accelerate the green transition and help businesses meet their environmental goals.

In the Shaping Governance Through Digital Transformation session, organized by PASHA Holding, Vasif Gasimov, Chief Security Officer at PASHA Bank, Rauf Najafli, Adviser to the Minister on Innovation at the Ministry of Economy, Farid Gattal, Technology Director at PwC Eurasia, and Zakir Khanmammadov, Head of Payments Office at Kapital Bank, shared their insights on using technology to address global governance challenges, demonstrating how digital solutions can optimize operations and support sustainable business practices.

The Climate Finance panel, organized by PASHA Holding, and moderated by Teymur Huseynov, Chief Strategy Officer at PASHA Holding, featured Bulent Karakaya, Managing Director and ESG Principal at Commerzbank, Ethan Zindler from the US Treasury Department, and Ed Crooks from Wood Mackenzie. The discussion highlighted innovative financial tools that are crucial for financing the green transition and tackling climate change.

The Green Business Building panel, organized by PASHA Holding, moderated by Farrukh Aliyev, CEO of PASHA Innovations, focused on scaling green startups. The panel featured thought leaders such as Fidan Javadova, Founder & CEO of BeWorks UK, Anastasija Đorđa Bosančić, UNDP Youth Representative, Movlan Pashayev, Country Manager at S3/Esyasoft Technologies, and Stefan Helmcke, Senior Partner at McKinsey. The panel explored strategies to foster green entrepreneurship and accelerate the growth of sustainable startups.

On November 18, Zibeyda Haji, CHRO at PASHA Bank, moderated a crucial conversation on empowering talent for sustainable growth, organized by PASHA Holding. The panel, featuring Dr. Fariz Ismailzade, Deputy Rector at ADA University, Ulvia Zeynalova-Bockin, Partner at Dentons, Kim Noguera Gabrielli, CEO at World International Foundation, and Ellada Alishova, HR Director at AZAL, focused on the importance of fostering a new generation of talent equipped to drive long-term sustainability and growth in a rapidly changing world.

Additionally, Dayanat Sadullayev, Chief of Staff at PASHA Holding, participated in the Financing Women and Youth-Led Businesses for Sustainable Growth in Post-Conflict Regions panel, organized by the Islamic Development Bank. The panel centered on empowering women and youth in post-conflict areas, with a focus on creating sustainable growth opportunities through financial inclusion and innovation.

These dynamic discussions at COP29 reflect a shared commitment to tackling global challenges through collaboration, technological innovation, and sustainable practices. With sustainability at the forefront of global priorities, leaders from diverse sectors are coming together to pioneer solutions that ensure a resilient and prosperous future for all.

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SOURCE PASHA Holding

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Pioneering the Future: Carta Healthcare Wins BIG Innovation Award for Healthcare

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January 15, 2025

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Acknowledged for its clinical data abstraction platform, Carta Healthcare showcases its leadership in shaping the future

SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — Carta Healthcare®, whose mission is to ignite healthcare improvement by unlocking the power of clinical data, is thrilled to announce its recognition as a winner in the prestigious 2025 BIG Innovation Awards, presented by the Business Intelligence Group. Selected from hundreds of global submissions, Carta Healthcare’s clinical data abstraction solution was celebrated for its groundbreaking impact on healthcare innovation.

“Humanity relies on innovation to improve our lives and the planet,” said Russ Fordyce, CEO of the Business Intelligence Group. “We’re thrilled to spotlight Carta Healthcare as a shining example of innovation making a profound impact.”

Clinical data abstraction is essential for hospitals to improve patient care, demonstrate quality, and comply with regulations. Unfortunately, manual clinical data abstraction methods historically have been labor-intensive, time-consuming, and expensive while failing to consistently produce the highest-quality data.

Carta Healthcare combines the power of AI technology with expert human abstractors to abstract data and insights that act as catalysts for healthcare transformation. Health systems and hospitals using the Carta Healthcare platform can lower their data abstraction costs by more than 50%, reduce per case abstraction time by two-thirds, and achieve an average 98%-99% Inter-Rater Reliability (IRR), a measure of data abstraction consistency and dependability.

“Innovation is what enables healthcare organizations to solve their biggest challenges and find new ways to provide better care for individuals and patient populations,” said Carta Healthcare CEO, Brent Dover. “This award reflects the creativity, dedication, and vision of the Carta Healthcare team, as well as our commitment to delivering solutions that inspire progress and improve the world around us.”

Since its inception in 2011, the BIG Innovation Awards have spotlighted industry leaders pushing the boundaries of creativity, measurable results, and global influence. Winners are evaluated by a panel of seasoned business leaders and executives who consider creativity, measurable results, and overall impact in their selections. Past winners include Fortune 500 companies and trailblazing organizations such as Google, IBM, and Amazon, underscoring the elite nature of this accolade.

For more information about the BIG Innovation Awards, visit http://www.bintelligence.comawardsbig-innovation-awards.

About Carta Healthcare:
Abstracting data for clinical registries is labor-intensive, time-consuming, and costly. Carta Healthcare helps hospitals and health systems abstract data faster, more efficiently, and at a lower cost with its clinical data abstraction platform that leverages artificial intelligence (AI) and skilled expert abstractors to ensure the highest-quality data. Carta Healthcare’s innovation has earned it multiple honors, including a Merit Award, a Pinnacle Award, and a BIG Innovation Award. The company recently acquired patient-matching software vendor Realyze Intelligence. Learn how Carta Healthcare applies the power of AI technology, combined with expert clinical data abstractors, to transform healthcare at www.carta.healthcare.

About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers.

Media Contacts:
Katlyn Nesvold
Amendola for Carta Healthcare
knesvold@acmarketingpr.com 

Eliana Starbird
Chief Nominations Officer
Business Intelligence Group
+1 909-529-2737
contact@bintelligence.com

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SOURCE Carta Healthcare

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