Iridium Communications (IRDM) 8-K Regulation FD Disclosure

Exhibit 12.1

	Three Months Ended March 31,						Year Ended December 30,
	2014			2013			2013			2012			2011			2010			2009
Earnings Available Before Fixed Charges:
Pre-Tax Income (Loss)	$	27,132		$	22,483		$	110,465		$	95,018		$	65,581		$	34,612		$	(46,040	)
Add: Fixed Charges		19,361			12,403			66,055			30,455			14,106			3,215			1,268
Total Additive Items		46,493			34,886			176,520			125,473			79,687			37,827			(44,772	)
Less: Capitalized Interest		(15,566	)		(10,394	)		(52,136	)		(25,409	)		(12,825	)		(1,694	)		—
Total Earnings Available For Fixed Charges	$	30,927		$	24,492		$	124,384		$	100,064		$	66,862		$	36,133		$	(44,772	)
Interest Expense	$	100		$	64		$	583		$	114		$	42		$	23		$	51
Interest Capitalized		15,566			10,394			52,136			25,409			12,825			1,694			—
Amortization of Deferred Financing Fees		3,508			1,715			12,475			3,896			—			—			—
Estimated Interest Component of Rent Expense		187			230			861			1,036			1,239			1,498			1,217
Total Fixed Charges	$	19,361		$	12,403		$	66,055		$	30,455		$	14,106		$	3,215		$	1,268
Ratio of Earnings to Fixed Charges		1.60			1.97			1.88			3.29			4.74			11.24			(a	)
Total Fixed Charges	$	19,361		$	12,403		$	66,055		$	30,455		$	14,106		$	3,215		$	1,268
Pre-tax Preferred Dividends		1,750			1,750			7,000			1,692			—			—			—
Total Fixed Charges Plus Preferred Dividends	$	21,111		$	14,153		$	73,055		$	32,147		$	14,106		$	3,215		$	1,268
Ratio of Earnings to Combined Fixed Charges and Preferred Dividends		1.46			1.73			1.70			3.11			4.74			11.24			(a	)

(a)    Earnings for the 12 months ended December 31, 2009 were inadequate to cover fixed charges and combined fixed charges and preferred dividends. The coverage deficienct was $44.8 million.