Iridium to be recognized by IMO as a mobile satellite services provider in GMDSS
Iridium announced that the International Maritime Organization's, or IMO, Maritime Safety Committee, or MSC, agreed to recognize that the Iridium network meets all the criteria of the IMO needed to provide mobile satellite services in the GMDSS, and to adopt the "Statement of Recognition" proposed by the United States as a committee resolution. This is an achievement that ends a decades-long satellite industry monopoly in which only one company was authorized to provide satellite GMDSS service and for the first time will bring competition and global coverage, to mariners sailing any of the world's oceans. The MSC also agreed that Iridium and the United States, the delegation sponsoring Iridium's application at the IMO, will work with the International Mobile Satellite Organization, or IMSO, which will monitor progress in Iridium's implementation of the service. The IMSO will report to the MSC once a public services agreement has been entered into between Iridium and the IMSO, likely marking the start of this service. Iridium formally began the process to become a recognized GMDSS mobile satellite service provider in April 2013. Iridium plans to begin providing GMDSS service in early 2020.