Iridium Partners with HD Hyundai to Integrate Hi MATE System
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2025
0mins
Iridium has been selected by HD Hyundai Construction Equipment, a construction equipment manufacturer, to integrate their vehicle monitoring system Hi MATE with Iridium's global satellite IoT connectivity. Hyundai's Hi MATE remote management system provides location tracking, geofencing, and diagnostic insights for excavators and wheel loaders, including key performance data such as engine hours and fuel consumption. The Iridium Connected Hi MATE solution extends these capabilities to remote sites, enabling real-time monitoring, predictive maintenance, and remote troubleshooting that help reduce downtime, optimize scheduling, and lower operating costs.
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Analyst Views on IRDM
Wall Street analysts forecast IRDM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IRDM is 25.83 USD with a low forecast of 16.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 21.190
Low
16.00
Averages
25.83
High
37.00
Current: 21.190
Low
16.00
Averages
25.83
High
37.00
About IRDM
Iridium Communications Inc. operates the mobile voice and data satellite communications network that spans the entire globe. The Company enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, it delivers a portfolio of solutions for markets that require global communications. Its principal vertical lines of business include land mobile, maritime, aviation, IoT, hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its products include Iridium 9555, Iridium Extreme satellite phones, Iridium Extreme PTT, Iridium GO! Iridium GO!, and others. It provides voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via its satellite network, which has an architecture of 66 operational satellites with in-orbit spares and related ground infrastructure.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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