North American Network Operators Group
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Re: You're all over thinking this

  • From: Michael Painter
  • Date: Fri Jul 22 15:45:38 2005

----- Original Message ----- From: "Crist Clark" <[email protected]>
Subject: Re: You're all over thinking this


Sam Crooks wrote:

Didn't the US Navy buy Iridium?

Nope.

  http://www.iridium.com/corp/iri_corp-story.asp?storyid=2

 "In December 2000, a group of private investors led by Dan Colussy
  organized Iridium Satellite LLC which acquired the operating assets
  of the bankrupt Iridium LLC including the satellite constellation,
  the terrestrial network, Iridium real property and intellectual
  capital."
The scientists were all waiting to study the satellite constellation burning up on re-entry when it was picked up for less than a penny on the dollar and then were immediately awarded a multi-million contract from DoD.

http://www.heavens-above.com/iridiumdemise.asp

--Michael