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Iridium Announces First-Quarter 2021 Results


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MCLEAN, Va., April 20, 2021 /PRNewswire/  Iridium Communications Inc. (Nasdaq:IRDM) ( Iridium ) today reported financial results for the first quarter of 2021 and reiterated its full-year 2021 outlook. Net loss was $5.2 million, or $0.04 per diluted share, for the first quarter of 2021, as compared to net loss of $31.7 million, or $0.24 per diluted share, for the first quarter of 2020. This decrease in net loss was primarily the result of the absence of debt extinguishment costs, which were incurred in the year ago period with Iridium s refinancing of its senior unsecured notes. Operational EBITDA ( OEBITDA )
(1) for the first quarter was $89.8 million, as compared to $92.1 million for the prior-year period, representing a year-over-year decrease of 2% and an OEBITDA margin ....

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World's Most Powerful Hydrogen-Fueled Rocket Engine Completes Final Acceptance Test for ULA Delta IV Heavy Launch Vehicle NYSE:AJRD


World’s Most Powerful Hydrogen-Fueled Rocket Engine Completes Final Acceptance Test for ULA Delta IV Heavy Launch Vehicle
April 12, 2021 16:32 ET
| Source:
Aerojet Rocketdyne, Inc.
Aerojet Rocketdyne, Inc.
Rancho Cordova, California, UNITED STATES
STENNIS SPACE CENTER, Miss., April 12, 2021 (GLOBE NEWSWIRE) Today, the world’s most powerful hydrogen-fueled rocket engine built by Aerojet Rocketdyne, the RS-68A, completed its final hot-fire acceptance test for use on the United Launch Alliance (ULA) Delta IV Heavy launch vehicle on the B-1 Test Stand at NASA’s Stennis Space Center in Mississippi.
ULA’s Delta IV Heavy rocket uses three Aerojet Rocketdyne RS-68A engines; one on each of its three common booster cores to launch the nation’s most critical spacecraft into orbit. The three RS-68A engines combine to generate more than two million pounds of thrust for the Delta IV Heavy. ....

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