# If Iridium Communications moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/iridium · Facet: ripple · Updated: 2026-07-12T04:02:30.988+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Iridium Communications is directly linked to 3 companies (2 supply, 1 revenue relationships) and reaches 7 companies within two hops; the links are backed by 9 dated sources, 4 of them primary filings (as of 2026-07-12).

Iridium Communications operates across Global LEO voice, data and IoT constellation. After -38.5% in 2025, it rebounded +174.2% in 2026. The stock (+174.2%) is ahead of both its demand side (avg +37.7%) and supply side (avg -3.4%). Having run ahead of its chain, it is the first spot to give back if customer numbers fail to follow. Among connected nodes the furthest ahead is Garmin (+37.7%) and the furthest behind is Thales (-7.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its 3GPP NTN-based direct-to-device service, Iridium NTN Direct, is slated for 2026 commercialization.

## Demand chain (leading)
- T1 Garmin (https://valuechain.wiki/garmin.md)
- T2 Textron (https://valuechain.wiki/textron.md)
- T3 FedEx (https://valuechain.wiki/fedex.md)

## Supply chain (benefiting)
- T1 SpaceX (https://valuechain.wiki/spacex.md)
- T2 STMicroelectronics (https://valuechain.wiki/stmicroelectronics.md)
- T3 Wolfspeed (https://valuechain.wiki/wolfspeed.md)
- T3 Synopsys (https://valuechain.wiki/synopsys.md)
- T3 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T3 Cohu (https://valuechain.wiki/cohu.md)
- T2 EchoStar Corporation (https://valuechain.wiki/echostar.md)
- T3 T-Mobile US, Inc. (https://valuechain.wiki/t-mobile-us.md)
- T3 AT&T Inc. (https://valuechain.wiki/at-t.md)
- T1 Thales (https://valuechain.wiki/thales.md)
- T2 Airbus (https://valuechain.wiki/airbus.md)
- T3 GE Aerospace (https://valuechain.wiki/ge-aerospace.md)
- T3 RTX (https://valuechain.wiki/rtx.md)
- T3 Voyager Technologies (https://valuechain.wiki/voyager-technologies.md)
- T3 Leonardo S.p.A. (https://valuechain.wiki/leonardo.md)
- T3 Korea Aerospace Industries (https://valuechain.wiki/kai.md)
- T3 ArianeGroup (https://valuechain.wiki/arianegroup.md)
- T3 Toray Industries (https://valuechain.wiki/toray-industries.md)
- T3 Parker-Hannifin Corporation (https://valuechain.wiki/parker-hannifin.md)
- T3 TransDigm Group Incorporated (https://valuechain.wiki/transdigm-group.md)
- T3 Honeywell Aerospace Inc. (https://valuechain.wiki/honeywell-aerospace.md)

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Full node: https://valuechain.wiki/iridium.md · JSON: https://valuechain.wiki/iridium.json