Re: [NTLK] [semi-OT] The US Military is DOOMED! (article about a WinCE device...)

From: Eric L. Strobel (
Date: Fri Mar 08 2002 - 10:07:23 EST

at the temporal coordinates: 3/8/02 9:38 AM, the entity known as iB=90=90k =
at conveyed the following:

> I'm so out of it. Who bailed out or took over Iridium? I thought it
> went out of business.

Some company in Maryland called Iridium Satellite LLC bought the whole $5
billion (thousand million for some of our readers) system for some
ridiculous price of $78 million or so. They then turned right around and
got a $72 million contract from the US DoD. There's also some commercial
sales going on too, I think. The old Iridium prices were around $7/minute
and the current prices are more like $1.50/minute or so. Last month, five
Iridium spares were launched.

- Eric.


Eric Strobel (fyzycyst_at_NOSPAM^

If aviation had grown as slowly as space travel, the first paying
customer would have flown in 1943 -- in the 1,657th expendable Wright

Read the List FAQ/Etiquette:
Read the Newton FAQ:
This is the NewtonTalk mailing list -

This archive was generated by hypermail 2.1.2 : Tue Apr 02 2002 - 14:02:25 EST