posted
Sorry to ruffle you Keith only an opinion (potential). I did mistake the directv part. It is actually XM. Boeing lost the contract and LORAL SPACE got it. Also Shin Satellite, Plc of Thailand
Not forcing you to sell all and buy this.
How can Airlines fly, how can car dealers produce? They are going bankrupt also.
Space Systems/Loral Delivers World's Largest Satellite To Launch Base Thursday June 9, 6:02 pm ET iPSTAR-1 Satellite Arrives At Arianespace Spaceport; Undergoing Preparations For Early-July Launch
_________________________________________ PALO ALTO, Calif., June 9 /PRNewswire/ -- Space Systems/Loral (SS/L) today announced that the iPSTAR-1 satellite has arrived at the Arianespace spaceport in Kourou, French Guiana, and is undergoing preparations for launch aboard an Ariane 5 rocket on July 7. Weighing in with a launch weight of 14,341 pounds (6505 kilograms), iPSTAR-1 will be the heaviest commercial satellite ever delivered to geosynchronous orbit.
Built for Shin Satellite, Plc of Thailand, iPSTAR-1 is designed to provide both enterprises and consumers throughout Asia, Australia and New Zealand with various levels of Internet access services, competing with cable modems and digital subscriber lines (DSL).
__________________________ UPDATE 1-XM Satellite sets offering to raise $300 mln Thu Jun 9, 2005 12:47 PM ET (Adds detail, analysts comment, stock activity) NEW YORK, June 9 (Reuters) - XM Satellite Radio Holdings Inc. (XMSR.O: Quote, Profile, Research) on Thursday said it would sell about 9.7 million common share for about $300 million, which may be used to accelerate its deployment of new satellites.
XM, No. 1 in the nascent pay-radio market ahead of rival Sirius Satellite Radio(SIRI.O: Quote, Profile, Research) , will offer the stock in a public offering. The proceeds will be used general corporate purposes, which may include launch payments for the satellite called XM-4 and construction payments for XM-5, as well costs related to third-party programming and repayment of debt.
Earlier this week, XM said Boeing is completing construction of XM-4, which will be available for launch in 2006, and that it has awarded Loral Space & Communications Ltd (LRLSQ.OB: Quote, Profile, Research) a contract for the design and construction of XM-5, which is expected to be completed in 2007.
IP: Logged |
posted
ok, good company maybe great, still was stuck on the bankrupt part, meaning comapany ends and can start new under new name making same great product.
I have barely looked into this at all! Just a thought.
IP: Logged |
posted
Court Confirms Loral's Plan of Reorganization Monday July 25, 6:06 pm ET
NEW YORK, July 25 /PRNewswire-FirstCall/ -- Loral Space & Communications Ltd. (OTC Bulletin Board: LRLSQ - News) today announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed Loral's Plan of Reorganization, paving the way for the company to conclude its chapter 11 reorganization. Loral currently expects that, after it satisfies customary regulatory and certain other conditions, including obtaining FCC approval, its Plan of Reorganization will become effective and the company will emerge from chapter 11 early in the fourth quarter of 2005. ******************************* It goes on in greater detail about the company and is an interesting read. I'm not sure how I got here, but the fact is there is more Due Diligence to be performed. Hmmmmmmmmmmmmm
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Roll Eyes]](rolleyes.gif)
