Iridium (IRDM) 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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IRDM:
- S&P 600 adding thirteen companies at open on 12/22
- S&P 400 adding seven companies at open on 12/22
- TSLA, META: Cathie Wood Dumps These Two Magnificent 7 Stocks, Doubles Down on Trade Desk (TTD) Instead
- WGS, WRD, IRDM: Cathie Wood Ramps Up Buying in GeneDx and WeRide, Trims Exposure in Iridium stock
- Iridium Communications Appoints New Independent Director
