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GlobalStar
Globalstar, Inc. is an American satellite communications company that operates a low Earth orbit (LEO) satellite constellation for satellite phone and low-speed data communications. The Globalstar second-generation constellation consists of 24 low Earth orbiting (LEO) satellites. History The Globalstar project was launched in 1991 as a joint venture of Loral Corporation and Qualcomm. On March 24, 1994, the two sponsors announced the formation of Globalstar LP, a limited partnership established in the U.S., with financial participation from eight other companies, including Alcatel, AirTouch, Deutsche Aerospace, Hyundai, and Vodafone. At that time, the company predicted the system would launch in 1998, based on an investment of $1.8 billion. Globalstar received its US spectrum allocation from the FCC in January 1995 and continued to negotiate with other nations for rights to use the same radio frequencies in their countries. The first satellites were launched in February 1998, ...
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Globalstar
Globalstar, Inc. is an American satellite communications company that operates a low Earth orbit (LEO) satellite constellation for satellite phone and low-speed data communications. The Globalstar second-generation constellation consists of 24 low Earth orbiting (LEO) satellites. History The Globalstar project was launched in 1991 as a joint venture of Loral Corporation and Qualcomm. On March 24, 1994, the two sponsors announced the formation of Globalstar LP, a limited partnership established in the U.S., with financial participation from eight other companies, including Alcatel, AirTouch, Deutsche Aerospace, Hyundai, and Vodafone. At that time, the company predicted the system would launch in 1998, based on an investment of $1.8 billion. Globalstar received its US spectrum allocation from the FCC in January 1995 and continued to negotiate with other nations for rights to use the same radio frequencies in their countries. The first satellites were launched in February 1998, ...
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Ericsson R290
The Ericsson R290 is a combined GSM and satellite phone using the Globalstar satellite network. The R290 was introduced in June 1999 and manufactured in the United Kingdom by Ericsson Mobile Communications. The Globalstar uses a foldable antenna that is the same length as the body of the telephone. The R290 comes in a blue and black case in a style similar to other Ericsson phones of its period. The case incorporates some Gore-Tex weatherproofing, similar to that used in the Ericsson R310s, although less extensive. The R290 also has a built-in modem for data and fax communication at 9.6 kbit/s in GSM mode and 7.2 kbit/s in satellite mode. The R290 is somewhat larger than typical, pure GSM phones, measuring × × and weighing (with slim battery). The R290 has relatively brief battery life compared with typical, pure GSM phones of its generation. Because it uses a non-standard battery voltage, its charging connector is not one of the types commonly seen on other Ericsson han ...
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Satellite Phone
A satellite telephone, satellite phone or satphone is a type of mobile phone that connects to other phones or the telephone network by radio through orbiting satellites instead of terrestrial cell sites, as cellphones do. The advantage of a satphone is that its use is not limited to areas covered by cell towers; it can be used in most or all geographic locations on the Earth's surface. The mobile equipment, also known as a terminal, varies widely. Early satellite phone handsets had a size and weight comparable to that of a late-1980s or early-1990s mobile phone, but usually with a large retractable antenna. More recent satellite phones are similar in size to a regular mobile phone while some prototype satellite phones have no distinguishable difference from an ordinary smartphone. Satphones are popular on expeditions into remote areas where terrestrial cellular service is unavailable. A fixed installation, such as one used aboard a ship, may include large, rugged, rack-mounte ...
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Satellite Phone
A satellite telephone, satellite phone or satphone is a type of mobile phone that connects to other phones or the telephone network by radio through orbiting satellites instead of terrestrial cell sites, as cellphones do. The advantage of a satphone is that its use is not limited to areas covered by cell towers; it can be used in most or all geographic locations on the Earth's surface. The mobile equipment, also known as a terminal, varies widely. Early satellite phone handsets had a size and weight comparable to that of a late-1980s or early-1990s mobile phone, but usually with a large retractable antenna. More recent satellite phones are similar in size to a regular mobile phone while some prototype satellite phones have no distinguishable difference from an ordinary smartphone. Satphones are popular on expeditions into remote areas where terrestrial cellular service is unavailable. A fixed installation, such as one used aboard a ship, may include large, rugged, rack-mounte ...
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Mudrick Capital Management
Mudrick Capital Management is an investment firm specializing in special situations and event driven investing. The firm was founded by Jason Mudrick, its current Chief Investment Officer, in 2009."Jason Mudrick,"
'''', August 15, 2016.
The firm is located in New York City and, as of June 2022, managed approximately $3.3 billion in assets. Mudrick Capital typically seeks an event, such as a balance sheet restructuring, a spin-off of assets or the modification of a corporate strategy, that can allow it to capture an undervaluation spread.


History

In 2016, Mudrick Capital’s Distressed Opportunity Fund ranked 1st on Bloomberg’s 100 top-performing large hedge funds with a 38.7% retur ...
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Satellite Constellation
A satellite constellation is a group of artificial satellites working together as a system. Unlike a single satellite, a constellation can provide permanent global or near-global coverage, such that at any time everywhere on Earth at least one satellite is visible. Satellites are typically placed in sets of complementary orbital planes and connect to globally distributed ground stations. They may also use inter-satellite communication. Other satellite groups Satellite constellations should not be confused with: * ''satellite clusters'', which are groups of satellites moving very close together in almost identical orbits (see satellite formation flying); * '' satellite series'' or ''satellite programs'' (such as Landsat), which are generations of satellites launched in succession; * ''satellite fleets'', which are groups of satellites from the same manufacturer or operator that function independently from each other (not as a system). Overview Satellites in Medium Earth orbi ...
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SPOT Satellite Messenger
SPOT is a GPS tracking device that uses the Globalstar satellite network to provide text messaging and GPS tracking (depending on the subscription type purchased). It has a coverage area that includes a large portion of the planet, with the exception of extreme northern and southern latitudes and parts of the Pacific Ocean. Depending on the product, SPOT can send and receive communications. The device is sold by SPOT LLC, a subsidiary of Globalstar. With the purchase of a subscription, SPOT allows short (41 character) user-defined text messages which can be sent to a list of telephone numbers and e-mail addresses. This subscription also allows users to push their location to emergency services. Users can share their location and messages based on their account preference, alerting friends and family to their whereabouts. In early 2018, SPOT launched the SPOT X, a two-way satellite messaging device with GPS location tracking, navigation Navigation is a field of study that foc ...
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Covington, Louisiana
Covington is a city in, and the parish seat of, St. Tammany Parish, Louisiana, United States. The population was 11,564 at the 2020 United States census. It is located at a fork of the Bogue Falaya and the Tchefuncte River. Covington is part of the New Orleans– Metairie–Kenner metropolitan statistical area. Covington has played a large role in movie making over the past 20 years, with over 30 films History The earliest known settlement by Europeans in the area was in 1800 by Jacques Drieux, during the British West Florida period. In 1813, John Wharton Collins established a town with the name of Wharton. He is buried on the corner of the city cemetery directly across from the Covington Police Department. On March 11, 1816, the town of Wharton was renamed to that of Covington. There are conflicting stories about how the city came to be named Covington. Many historians believe the city was renamed for General Leonard Covington, a hero of the War of 1812. Covington wa ...
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Loral Corporation
Loral Corporation was a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert as Loral Electronics Corporation. The company's name was taken from the first letters of each founder's surname. History Loral Corporation originally developed radar and sonar systems for the US Navy. In 1959 it went public with an initial offering of 250,000 shares at $12 each. Part of the proceeds from this offering were used to build a new headquarters on its site at 825 Bronx River Avenue, in the Soundview section of The Bronx, New York. In 1959 it began to diversify, buying several smaller companies, through which it won more military contracts. Some purchased companies included Willor Manufacturing Corp., American Beryllium Co., Inc., of Sarasota, Florida, Arco Electronics, and several plastics companies. In 1961, it formed a division for developing communications, telemetry, and space navigation systems for satellites. As its expansion increased, it borrowe ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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