Now that Iridium has successfully completed the financing for its next-generation satellite constellation, called Iridium Next, the McLean, Va., firm is looking ahead to the fun part: building and launching an all-new network of dozens of cross-linked communications satellites.
Iridium satellite constellation
Earlier this month Iridium reached a preliminary agreement for $1.8 billion to finance its Next constellation of advanced low orbit communications satellites, slated for launch beginning in 2015. A syndicate of nine international banks is providing the financing.
Iridium Communications of McLean, Va., last month placed a multibillion-dollar order with Thales Alenia Space of France for 81 communications satellites needed to upgrade its global satellite communications network. The $2.1 billion deal includes 66 low-earth-orbit satellites for the Iridium Next constellation, with the remainder to serve as spares.
Iridium Communications of McLean, Va., has ordered 81 satellites from Thales Alenia Space of France to upgrade its global satellite network. The $2.1 billion deal includes 66 low-earth-orbit satellites for the operational constellation, with the rest to serve as spares. The first satellite launch is scheduled for the first quarter of 2015.
In a world of proliferating air/ground communications options, EMS Satcom is here in the Canadian pavilion (Hall 3 Stand F37) to show how its antennas, radios and servers can help airline, government and private operators get connected.
Iridium said it has begun taking steps to replace a lost communication satellite with one of eight in-orbit spares. The collision of a 2,000-pound decommissioned Russian satellite with the smaller Iridium craft on February 10 created a swirling field of debris but left only a tiny gap in Iridium’s 66-satellite constellation, resulting in brief outages for some customers.
Iridium has agreed to combine with an affiliate of New York investment bank Greenhill & Co. as part of a strategy to raise $500 million in seed capital for deployment of its next-generation satellite communications network.
Iridium has agreed to combine with an affiliate of New York investment bank Greenhill & Co. as part of a strategy to raise $500 million in seed capital for deployment of it next-generation satellite communications network.
Iridium last month said it has reached agreements with three companies to develop the company’s next-generation satellite constellation, called Iridium Next. Lockheed Martin, Space Systems Loral and Thales Alenia Space will develop design concepts, review critical engineering and evaluate performance and capabilities. Iridium said it will select two additional partners for detailed system development.
Iridium took a big step toward its goal of providing en route aeronautical safety services to airliners operating on transoceanic and polar routes after an ICAO panel accepted a draft standards and practices document the company submitted last year. The endorsement makes Iridium a viable alternative to Inmarsat for aeronautical mobile satellite route services (AMSRS) and Acars messaging.
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