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Iridium Satellite Time and Location Service Activated for Europe and Asia Pacific Regions

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Increased international demand from partners to accelerate market adoption worldwide

MCLEAN, Va., June 20, 2024 /CNW/ — Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced expanded commercial availability of its Satellite Time and Location (STL) service, the leading alternative positioning, navigation, and timing (PNT) solution. Driven by increased commercial demand, Iridium partners are now authorized to sell the service in parts of Europe and Asia Pacific, helping to protect locally relied upon GNSS systems, like GPS and Galileo, with a signal highly resilient to spoofing and jamming, that also helps ensure the fidelity of timing systems. Iridium STL is capable of service everywhere on the planet, and additional geographies are planned for commercial authorization as the company’s partners scale and train sales and support staff.

Europe, specifically, has seen a dramatic rise in GPS jamming and spoofing, while parts of Asia are also seeing increased activity. These attacks pose a serious threat to critical infrastructure such as transportation systems, energy grids, data centers, telecommunications networks and financial services, which all stand to benefit from the adoption of more powerful PNT signals, like Iridium’s STL service. Broadcasting a signal 1,000 times more powerful than GPS, the Iridium® STL service is also uniquely suited for indoor use, with no need to install rooftop antennas, creating a more secure and cost-effective timing solution. 

“We’re cognizant of the threats facing GNSS-reliant critical infrastructure around the world and our responsibility to deploy the antidote as quickly as possible,” said Iridium CEO, Matt Desch. “The average person is more and more aware of how important systems like GPS are in our day-to-day lives, and when Iridium recently acquired Satelles, I pledged to step on the gas and expand market availability for this increasingly in demand solution. Today’s announcement demonstrates that commitment.”

Iridium STL solutions are small, cost-effective and easy to install. Brand name technology partners that manufacture and sell STL-capable user equipment are simultaneously increasing their focus on these expanded markets in Europe and Asia. Their STL solutions can be added to existing GNSS-reliant network systems or serve as stand-alone primary units.

With this expansion, Iridium STL can now be purchased by companies in North America and parts of Europe and Asia Pacific. Further sales support is expected in the future to meet customer demand.

For more information about the Iridium STL service and how your organization can increase its protection against disruptions to GPS and other GNSS systems, visit  https://www.iridium.com/satellite-time-location or email pnt@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 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 presentation 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 expansion of availability of the Iridium STL service. 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 the expansion of partner sales and support teams, and the company’s ability to maintain the health, capacity and content of its satellite constellation, 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, 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

X: @Iridiumcomm                   

+1 (703) 287-7570

 

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SOURCE Iridium Communications Inc.

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Habib Al Mulla & Partners Leads Cross-Border Initiative for Indian Market Expansion

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NEW DELHI, May 14, 2025 /PRNewswire/ — As India and the United Arab Emirates continue to deepen their strategic partnership across defence, trade, and innovation, Habib Al Mulla and Partners is proud to announce the opening of its new office in New Delhi. This milestone reinforces the firm’s long-standing commitment to facilitating cross-border collaboration and investment between the two nations.

The expansion comes at a time of growing bilateral engagement, marked by the recent high-level visit of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Deputy Prime Minister and Minister of Defence, to India. His meetings with Indian Prime Minister, Narendra Modi, highlighted a shared vision for closer cooperation in key sectors such as technology, connectivity, and economic integration.

The firm, with a distinguished record of regional and international accomplishments, continues to expand its global footprint by connecting the UAE with key emerging markets. This latest initiative positions Habib Al Mulla & Partners as a leader in providing seamless solutions for the Indian companies seeking to enter the UAE and broader Middle East markets as well as UAE investments seeking opportunities in India.

The new India-focused platform is designed to serve as a bridge in India and enabling Indian businesses and professionals to connect with the firm’s Dubai-based team for matters governed by UAE and international law. The India entity will advise companies and financial institutions on international transactions, ensuring compliance, efficiency, and client service.

Dr. Habib Al Mulla, Founder of Habib Al Mulla & Partners, commented:

“Our cross-border extension into India reflects our commitment to supporting clients wherever their business interests take them. By connecting India’s vibrant business landscape with the legal strengths of Dubai, we offer clients a trusted platform for international growth. We look forward to deepening our partnerships in India and delivering world-class solutions to new and existing clients.”

At the heart of this initiative is Habib Al Mulla & Partners’ focus on building strong relationships with leading Indian law firms and professionals. The goal is simple—to offer clients seamless, trusted support as they grow their businesses across India, the UAE, and beyond, while always respecting the legal frameworks of each jurisdiction.

As Habib Al Mulla & Partners continues to expand its international footprint, it remains committed to building long-term relationships based on trust, excellence, and a deep understanding of its clients’ evolving needs in today’s interconnected global landscape.

About Habib Al Mulla and Partners

Habib Al Mulla and Partners operates from Dubai, Abu Dhabi, Istanbul, Moscow, Baghdad and Cairo with a team of more than 70 multidisciplinary lawyers who possess distinguished and diverse experience in handling cross-border corporate legal matters. The firm has been providing specialized and integrated legal services and consultancy for over 40 years in dispute resolution, banking, construction, corporate, real estate, tax, employment, and other sectors and practices.

Photo: https://mma.prnewswire.com/media/2687143/Habib_Al_Mulla.jpg

 

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METALTECH & AUTOMEX 2025 IGNITES A NEW ERA OF SMART AND GREEN MANUFACTURING

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Southeast Asia’s premier metalworking and automation trade show champions sustainability, AI integration, and international collaboration.

KUALA LUMPUR, Malaysia, May 14, 2025 /PRNewswire/ — Southeast Asia’s manufacturing, automation, and engineering sectors converged today as METALTECH & AUTOMEX 2025 officially opened its doors at the Malaysia International Trade and Exhibition Centre (MITEC). Now in its 29th edition, the event continues to lead the charge in smart, sustainable manufacturing with the region’s largest showcase of advanced technologies, automation solutions, and next-generation innovations.

Organised by Informa Markets Malaysia, this year’s edition reaches new heights with the co-location of the Advanced Machinery & Engineering Summit (AMES) 2025, an initiative by the Machinery & Engineering Industries Federation (MEIF). This strategic collaboration strengthens the link between technological innovation and policy discourse, further accelerating industrial transformation across the region.

“MEIF has long supported METALTECH & AUTOMEX as a committed industry partner. That continuity has deepened our understanding of the challenges, shifts, and emerging needs of the sector,” said Mac Ngan Boon, President of MEIF. “We now launch AMES, not to duplicate what already exists, but to create space for focused dialogue, sharper insight, and coordinated action.”

The ceremony was officiated by Datuk Mohd Hanafi Sakri, Deputy Secretary General (Industry) of the Ministry of Investment, Trade and Industry (MITI), who praised the dual event format as both “practical and symbolic.” 

“It reflects a broader shift we are witnessing – where industrial transformation is no longer confined to technical implementation or policy frameworks alone – but where both must be designed and delivered together,” he said in his opening address.

Themed “Sustainable Manufacturing: From Smart Solutions to AI Innovations,” METALTECH & AUTOMEX 2025 features over 1,500 exhibitors and brands from 40 countries and regions, including groups and pavilions from Germany, South Korea, Taiwan, Mainland China, and Singapore. With more than 5,000 advanced technologies on display, including CNC machinery, robotics, AI, IoT, smart sensors, and energy-efficient manufacturing systems, the event is expected to draw over 20,000 trade visitors across four days.

In a keynote speech at AMES 2025, Tan Sri Abdul Rahman Mamat, Chairman of MIDF Berhad, called attention to the financial tools and partnerships that can bring industrial innovation to life.

“These are not just loans – they are investments into the future of Malaysian and regional industries,” he said. “MIDF supports this national agenda by empowering SMEs and manufacturers across key sectors – including machinery, engineering, and automation – to adopt modern, advanced technologies and upgrade their capabilities.”

He also underscored the importance of aligning financing with the goals of NIMP 2030 and Industrial Revolution 4.0.”We are seeing a fundamental change in how industries operate, driven by automation, data, artificial intelligence, and smart manufacturing. These transformations are reshaping global supply chains and redefining industrial competitiveness – and this is something we should not miss out on.”

Gerard Leeuwenburgh, Country General Manager of Informa Markets Malaysia, further emphasised the role of sustainability in shaping future industry standards. “Sustainability is no longer a trend; it’s a necessity. From energy-efficient machinery and low-waste production methods to sustainable material sourcing and circular design, the innovations we’re seeing across the show floor prove that going green is not just good for the planet – but for business as well.”

Since its inception, METALTECH & AUTOMEX has evolved into a cornerstone of the regional industrial calendar, attracting more than 400,000 industry professionals and generating millions in trade value. With the debut of AMES 2025, the platform takes another leap – bringing policy, practice, and progress under one roof.

This year’s exhibition features live product demonstrations, technical seminars, and knowledge-sharing forums. Topics range from sustainable manufacturing practices and energy optimisation to digital transformation for SMEs and AI integration. “The machinery and engineering sector is the enabling layer for advanced manufacturing, energy-efficient processes, and industrial resilience,” Datuk Hanafi concluded. “We at MITI are committed to supporting these efforts – by aligning policy tools with market needs and ensuring Malaysia’s industrial ambitions are matched by execution on the ground.”

Monitor ERP, this year’s Gold Sponsor, was recognised for their integrated enterprise solutions that help manufacturers connect, optimise, and scale operations efficiently. Special thanks also go to AM Machinery, the event’s Woven Bag Sponsor, for their continued support of METALTECH & AUTOMEX 2025. Informa Markets Malaysia was lauded for its role in transforming METALTECH & AUTOMEX into a regional powerhouse of industrial advancement and collaboration.

In a strategic move to broaden its national impact, the International Automation Technology Exhibition (AUTOMEX) will debut as a standalone event from 4–6 November 2025 at the Setia SPICE Convention Centre in Penang. After more than 14 years of co-location with METALTECH, this expansion reflects AUTOMEX’s growing influence and the rising demand for smart automation, robotics, AI, and machine vision technologies, especially in Malaysia’s northern manufacturing corridor.

With momentum at an all-time high, the organisers are already gearing up for a landmark celebration – the 30th anniversary of METALTECH & AUTOMEX, set to take place from 20–23 May 2026 at MITEC, Kuala Lumpur. This milestone event promises to be the biggest and boldest edition yet, spotlighting three decades of breakthroughs, partnerships, and progress that have shaped Malaysia’s industrial landscape. METALTECH & AUTOMEX 2025 runs from 14–17 May 2025 at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur. For registration and more information, visit https://metaltech.com.my.

About METALTECH & AUTOMEX

For over three decades, METALTECH & AUTOMEX has been the pulse of Malaysia’s manufacturing industry. This premier event connects industry leaders across metalworking, machinery, robotics, and automation. Over 1,500 leading providers from 19 countries and regions showcase their cutting-edge solutions, including renowned group pavilions from industry giants like Mainland China, Germany, Singapore, Taiwan, and South Korea. With 33 specialised profiles, METALTECH & AUTOMEX provides a dynamic platform for suppliers to connect with local and regional buyers. The co-located International Automation

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SOURCE METALTECH & AUTOMEX

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Avacon Selects IFS Copperleaf to Enhance Asset Investment Planning

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DÜSSELDORF, Germany, May 14, 2025 /PRNewswire/ — Copperleaf®, an IFS company, is delighted to announce that Avacon, a regional subsidiary of the E.ON Group – a leading energy company responsible for supplying energy and energy-related services, has chosen IFS Copperleaf’s decision analytics solution. This strategic partnership is set to boost Avacon’s capability to manage the challenges brought on by the energy transition, and in parallel drive operational efficiency and streamline workflows as part of the E.ON wide “Manage Assets” initiative.

Avacon set out to elevate its “Manage Assets” capabilities – aiming to make consistent, data-driven decisions that ensure the highest return in line with strategic goals and operational targets. The IFS Copperleaf solution enables value-based, risk-informed decision-making. This includes opportunities and risks identification, solution definition and evaluation, portfolio optimization, scenario analysis and approval. With IFS Copperleaf, Avacon will reduce risk, optimize costs, accelerate time to value, and meet business objectives through a proven end-to-end asset management process.

By reducing redundancies and streamlining workflows, Avacon aims to boost overall operational efficiency, optimizing resource allocation and improving service delivery. Automation of repetitive tasks will save time and reduce errors, enabling Avacon to focus on more strategic activities, enhancing productivity and accuracy in investment planning.

The project will be delivered in collaboration with Accenture, leveraging the strategic partner network of IFS Copperleaf certified consultants.

“The Copperleaf solution fulfills 100% of Avacon’s requirements along the newly defined E.ON wide “Manage Assets” process,” said Fin Jennrich, IFS Copperleaf’s VP of Sales for Central Europe & Nordics. “Avacon is yet another fantastic addition to the constantly growing community of asset-intensive organizations leveraging the Copperleaf solution to enhance their investment planning in line with the ISO 55000 standard series.”

“We are thrilled to partner with Avacon to enhance their asset investment planning capabilities,” added Lance Olmsted, President, IFS Copperleaf. “This collaboration will enable Avacon to better manage their assets, reduce risks, and achieve their sustainability targets, ultimately delivering greater value to their customers and stakeholders.”

CONTACT:

IFS Press Contacts:
EUROPE / MEA / APJ:
Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: adam.gillbe@ifs.com

NORTH AMERICA / LATAM:
Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: mairi.morgan@ifs.com

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ifs/r/avacon-selects-ifs-copperleaf-to-enhance-asset-investment-planning,c4150147

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