Earlier quoted context omitted.
No. As with other satellite phones, security/encryption is an additional feature that you buy. For everyone else, there's no security/encryption - you just need to implement the system and protocols to tap into it - which is what has been done here. (And for the parts that have encryption, it's the data that's encrypted, while metadata (e.g. call setup) is still plain text)
Also ... correct me if I misremember ... but I think it is the case that with Iridium - encryption or no encryption - Eve can discern your physical location and get GPS coordinates for you. Am I remembering that correctly ? I believe that got some journalists killed in Syria a few years ago ...
So while at the very least I'm not sure you'd get GPS-quality data, if you monitored that data for awhile I'd think you could eventually get "good enough" accuracy.