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NAV CANADA makes further investment in Aireon

Submit on Friday, June 28th, 2013 22:55

NAV CANADA has invested an additional U.S. $40 million in preferred interests of Aireon LLC, a joint venture with Iridium Communications Inc. (IRDM). This investment increases NAV CANADA’s ownership of Aireon to 18.7% on a fully diluted basis.

This entry was posted on Friday, June 28th, 2013 at 10:55 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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