“For the first time since the initial launch of the system over 20 years ago, zero traffic is going through the old satellites,” Matt Desch, CEO of Iridium, said Feb. 6 at the National Press Club here.

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Iridium, a satellite operator based in Virginia, announced that it “entered into a development agreement to enable Iridium’s technology in smartphones.” However, the company did not disclose any details in its latest filing with the SEC, such as the companies…