Re: Slightly OT -- Iridium

"Donkey Agony" <[EMAIL PROTECTED]> wrote:

>What is the story with Iridium -- the company, that is?  I remember them
>going belly up, and the satellites were just going to burn up into the
>ocean or some such, and then I lost track.  Who saved them?  How did
>they regroup?  How are they doing now?

They did a deal with the American government that uses Iridium
for a good flat rate. I think that's mainly what kept them
afloat, and the fact that the threat of being shot down was so
real that the parent, Motorola, wrote off much of the initial
investment.

Hans-Georg

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