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job1207
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<p>http://www.washingtonpost.com/wp-dyn/content/article/2008/09/28/AR2008092802223.html?hpid%3Dsec-tech&sub=AR</p><p>" Last week, Iridium announced an agreement to merge with a so-called blank check company, a transaction that will give the sat-phone firm a $500 million cash infusion and allow it to wipe nearly $150 million in debt from its books. The deal, which must be approved by regulators, is scheduled to close in early 2009. It would clear the way for Iridium to begin building and launching a new generation of satellites to replace the 66 aging ones that are orbiting 485 miles above the Earth. The new constellation is projected to cost $2.7 billion, Iridium officials said."</p><p>So, I see that you folks still do not read the Washington Post. Nevertheless, this is big for the missions people, and launch people, whomever they may be, in the future. </p><p>The article does not say if the 66, yes SIXTY SIX launches are included in the current inventory of scheduled launches, but I doubt it, since the LM, BA push to build private rockets stemmed from this LEO communication system and the proposed Internet's use of space.</p><p>Now, 2.7 divided by 66 is only $40 million per. So, I am not sure if this article is correct. I am sure that ALL of these satellites need to be replaced at some point, and these folks are in a position to fund them, over time. I suspect that the $2.7 Billion is for near term costs. We will see how it plays out. Afterall, it cost $6 Billion to build in the first place. </p><p>"Iridium's constellation consists of 66 low-earth orbiting (LEO), cross-linked satellites operating as a fully meshed network and supported by multiple in-orbit spares. It is the largest commercial satellite constellation in the world."</p><p> http://www.iridium.com/about/about.php</p><p>66 Satellites IS the entire system. According to the Iridium web site. There WAS a time that folks completely wrote off this as a source of future launches. </p><p>So, for you folks wondering if there will be launches for your systems to support, the answer is, yep, more than previously thought. </p><p> </p>