at the temporal coordinates: 3/8/02 9:38 AM, the entity known as iB=90=90k =
rspilker_at_mac.com 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 Strobel (fyzycyst_at_NOSPAM^mailaps.org)
If aviation had grown as slowly as space travel, the first paying
customer would have flown in 1943 -- in the 1,657th expendable Wright
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