In new space race, companies are seeking dollars from heaven; satellite transmission of data and images spark fight for piece of sky's pie; 'that's where the money is'

Article Abstract:

Dozens of US and foreign companies are investing billions of dollars to launch and operate a new generation of satellite communications systems that could blossom into a huge market for a wide range of new services. New satellite, launch rocket and earth station designs promise to revolutionize satellite-based communications. New services include launch rockets that can deploy six individual satellites per launch, satellite-based telephone services that work anywhere on earth, high-speed data transmissions, direct broadcast television services and high-resolution satellite-generated photographs. The market for launching the satellites needed for these services is expected to reach $31 billion through 2005. The market for satellite-based services is expected to reach $130 billion by 2005. Defense industry companies such as Hugh Electronics Corp, and new entrants such as Microsoft, hope to capture portions of the market, but many analysts worry that too many companies are entering the fray.

Analysis, Forecasts and trends, Industry trend, Market trend/market analysis, Industry Trend Or Event

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FCC to issue the long-sought license for Ellipso's satellite phone system

Article Abstract:

Mobile Communications Holdings is expecting to receive its license for a $1.1 billion dollar global-satellite phone system from the FCC. This is the fourth of such licenses issued by the FCC for a global satellite network. Mobile's is to be called Ellipso and is less expensive than its US rivals which include Loral Space & Communications' 48-satellite project, Globalstar and Motorola's 66-satellite project, Iridium. These systems are all competing for the global mobile phone market. The ground stations for Ellipso will be built by Lockheed Martin. Mobile Communications expect to be in full operation by the year 2000 and offer phone service to providers at an estimated eight cents a minute. The providers are expected to offer service for 15 cents a minute.

Wireless communications, United States. Federal Communications Commission, Licensing agreements, Company licensing agreement, Satellite industry, Mobile communication systems, Mobile Communications Holdings Inc.

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Lockheed to unveil Intersputnik satellite venture

Article Abstract:

Lockheed Martin is expected to enter a venture with the Intersputnik consortium, thus creating closer ties to Russian satellite and space interests as well as gaining an eventual annual revenue of $1.5 billion. Lockheed is attempting to position itself in the global satellite-transmission market. The venture will provide direct-to-home or broadcast television signals, mobile-telephone services and corporate-communications networks. The new venture will be named Lockheed Martin Intersputnik and will be based in London and have a main marketing office in Moscow. The first satellites deployed are expected to replace several of the older Russian satellites that are approaching the end of their usefulness.

Joint ventures, Lockheed Martin Corp., Company joint venture, LMT, Intersputnik, Lockheed Martin Intersputnik

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