Ann: Webinar Investor Presentation, page-64

I saw Iridium put out a press release in the last few days announcing a 5-year DISA and U.S. Space Force contract for Certus devices and services.

This lines up with Beam disclosing they are developing a "further Iridium Certus Offering" in the most recent presentation.

My assumption is that Beam is producing a new Certus 200 (Higher bandwidth) device, that is likely to provide (similar to Go Exec/Certus 100 contracted arrangement) another 5 year minimum contracted revenue pipeline for Beam from Iridium, and Iridium have already secured deals to underwrite the demand.

The market appears to be sleeping on this and assuming instead Beam is going the way of the dinosaur.