Latest LM-700 Stories

2011-04-18 08:00:00

GAITHERSBURG, Md., April 18, 2011 /PRNewswire/ -- Thales Alenia Space has awarded a contract to Lockheed Martin (NYSE: LMT) to develop, test and support integration of payload application software for the Iridium NEXT satellites. Thales Alenia Space is the prime contractor for Iridium NEXT, the next-generation satellite constellation being designed, built and launched for Iridium Communications Inc., (Nasdaq: IRDM), of McLean, Va. Iridium NEXT is expected to begin launching in 2015, and...

2010-06-17 06:10:00

Iridium Communications Inc. and Space Exploration Technologies (SpaceX) announced a $492 million deal on Wednesday in which SpaceX's Falcon 9 will be a major provider of launch services for Iridium's next-generation satellite constellation. The deal is the largest single commercial launch contract ever signed, but the companies said the agreement represents "a new benchmark in cost-effective satellite delivery to space." Iridium, which operates the world's largest commercial satellite...

2010-06-02 10:50:00

Iridium, a mobile satellite services provider, has ordered 81 spacecraft to help grow its global network. Thales Alenia Space of France (TAS) will build the satellites.  The operational constellation will require 66 satellites, and the remaining 15 will be used as spares. The order makes the Iridium Next venture the largest commercial space project ever. The French export credit guarantee organization Coface will finance most of the $2.9 billion project. "We are very pleased with the...

2010-06-02 00:33:00

MCLEAN, Va., June 2 /PRNewswire-FirstCall/ -- Iridium Communications Inc. (Nasdaq: IRDM) today announced its comprehensive plan for funding, building and deploying its next-generation satellite constellation, Iridium NEXT. Specifically, the Company announced the execution of a fixed price contract with Thales Alenia Space, a joint company between Thales (67%) and Finmeccanica (33%), for the design and construction of satellites for the Iridium NEXT constellation. In addition, the...

2009-08-10 15:00:00

BETHESDA, Md., Aug. 10 /PRNewswire-FirstCall/ -- Subscribers Up 23.9% from Prior Year Quarter to 347,000Subscriber Growth of 71.4% in Emerging Machine-to-Machine Market Revenue Up 1.2% from Prior Year Quarter: Commercial Service Revenues Up 21.6% Government Service Revenues Up 15.2% Equipment Sales Declined 25.7% Operational EBITDA(1) Up 31.5% from Prior Year Quarter Net Income Up 52.9% from Prior Year Quarter Full Year 2009 Operational EBITDA Guidance Lifted to $123-130 Million...

2009-07-13 11:37:00

BETHESDA, Md., July 13 /PRNewswire/ -- Iridium Satellite LLC (Iridium) announces that, in conjunction with Boeing (NYSE: BA), the companies have achieved two major milestones to further develop and demonstrate capability enhancements to the High Integrity Global Positioning System (GPS) program for the U.S. Naval Research Laboratory. The first milestone, completion of an Enhanced Narrowband (ENB) software modification to computers on Iridium satellites, enables second-generation GPS-aiding...

2009-06-09 13:00:00

Iridium to Enhance Netted Communications Capabilities for Warfighters BETHESDA, Md., June 9 /PRNewswire/ -- Iridium Satellite LLC (Iridium) announces that the U.S. Naval Surface Warfare Center, Dahlgren has awarded one of its subsidiaries a $21,688,808 indefinite-delivery indefinite-quantity cost-type contract to support development and delivery of the Distributed Tactical Communications System (DTCS). DTCS is an extension of "Netted Iridium," the company's push-to-talk communications...

2009-05-12 06:11:00

Iridium's New Global Marine Satcom System Draws Positive Reviews from Early Users BETHESDA, Md., May 12 /PRNewswire/ -- Iridium reports that its new-generation global marine satellite communication system, Iridium OpenPort(TM), has successfully completed sea trials on a number of different vessels, and worldwide commercial rollout is now underway. "The feedback from beta test platforms has been overwhelmingly positive, and we have a strong backlog of orders from shipowners who recognize...

2009-03-10 06:15:00

On Monday, Iridium Satellite LLC said that it has moved a spare satellite into the orbit of the one that was destroyed during the collision with a Russian satellite a month ago. The crash with the decommissioned Russian military communications satellite took place on February 9th. Iridium said it had reconfigured its remaining 65 active satellites afterwards to cover the hole in the worldwide satellite-phone coverage left by the crash. The Bethesda, Md. based company said on Monday, that it...

Latest LM-700 Reference Libraries

2004-10-19 04:45:44

Iridium Satellite -- The Iridium satellite constellation is also a system of 66 active communication satellites and spares around the earth. Named for the element Iridium, it was originally to have 77 active satellites, but was later redesigned to have its current number, though the name was retained. Iridium allowed worldwide voice and data communications using handheld devices. The Iridium service once failed financially and the earth stations were shut down. Its financial...

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Word of the Day
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'