Beam Communications Holdings received its seventh order from Iridium Communications

  • Nov 07, 2019 AEDT
  • Team Kalkine

Australian Satellite manufacturer, Beam Communications Holdings Limited (ASX: BCC) has received its seventh order for Iridium GO! devices from Iridium Communications Inc, a leading satellite services company.

The company expects to commence shipment of the latest order for Iridium GO! in FY21.

Including the order of additional 5,000 Iridium GO! Units, the total number of units ordered since mid-2014 is 45,000 units.

By AEST 12:54, BCC stock traded at $0.190 with a market cap of ~$9.78 million.


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