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Fort Lee NJ (SPX) Jan 08, 2007 ORBCOMM reports that it ended 2006 with about 225,000 billable subscriber communicators on its data communications system, a 99% increase over the Company's subscriber communicator base of 113,000 at the end of 2005. ORBCOMM added approximately 112,000 billable subscriber communicators for the full-year 2006 and approximately 26,000 billable subscriber communicators in the fourth quarter of 2006. The number of fourth-quarter subscriber communicator additions is greater than the range of 19,000 - 25,000 previously forecast by the company.
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Milpitas, CA (SPX) Dec 04, 2006Globalstar and Alcatel Alenia Space, the European leader for satellite systems, announced today that the two companies have signed a contract under which Alcatel Alenia Space will design, manufacture and deliver the Globalstar second-generation constellation of 48 low-earth-orbit (LEO) satellites. |
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