iridium

From: Kevin Fetter (kfetter@yahoo.com)
Date: Thu Nov 16 2000 - 03:19:19 PST

  • Next message: Kevin Fetter: "sat"

    Look like the iridium sat's are going to stay on orbit and keep producing those nice flares.
    
    From the florida today site
    
    http://www.floridatoday.com/space/explore/stories/2000b/111600e.htm
    
    November 16, 2000
    
    
    Iridium announces sale of assets
    
    Iridium Satellite LLC news release
    
    Iridium Satellite LLC today released the following statement:
    The U.S. Bankruptcy Court for the Southern District of New York today approved the bid of Iridium
    Satellite LLC to purchase the operating assets of Iridium LLC and its subsidiaries. 
    
    Under the agreement, Iridium Satellite LLC will purchase all of the existing assets of Iridium
    LLC, including the satellite constellation, the terrestrial network, Iridium real property and
    intellectual property owned by Iridium LLC. 
    
    Iridium Satellite LLC will continue to provide commercial satellite communications to the U.S.
    government and plans to re-launch affordable satellite communications services to those industry
    segments that have a particular need for satellite communications (government, military,
    humanitarian, heavy industry, maritime, aviation, adventure) within 60 days. 
    
    The Chairman of Iridium Satellite is Dan Colussy, a veteran of the aviation industry. Colussy's
    previous senior leadership positions include Chairman, President and CEO of UNC; Chairman,
    President and CEO of Canadian Pacific Airlines and President and COO of Pan American World
    Airways. 
    
    Iridium Satellite LLC has contracted with the Boeing Company to operate and maintain the satellite
    constellation. 
    
    Motorola has agreed to continue to provide subscriber equipment on commercially acceptable terms. 
    
    
    
    =====
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    44.6062N -75.6910 W
    
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