LightSquared Satellite Disabled By Last Week's Solar Storm

volts writes "Troubled LightSquared's primary Skyterra 1 satellite has been out of service since the solar storm on March 7. The company says it is 'working through the rebuild of the satellite tapping into the resources that were involved in the original program.' This development follows a stream of bad news including layoffs, default on payments, the resignation of CEO Sanjiv Ahuja and FCC rejection of a scheme to repurpose satellite frequencies for cellular data due to interference with GPS. Another kick in the teeth as company struggles to avoid bankruptcy."

Comments

Interesting

[Anonymous Coward]

Interesting, LS doesn't happen to have an insurance policy on that baby that would payoff if it failed do they?

Re:Interesting

[Psion]

And back in the great earthquake of '06, folks set fire to their quake-smashed homes because their insurance covered fire but not quakes. As a result, out-of-control fires caused more damage to San Francisco than the earthquake itself.

Re:Idea's don't die

[ngg]

There's no 'probably' about it. LS bought spectrum that was specifically earmarked for use in satellite to ground communications (which was why they got such a bargain on it in the first place: no other potential bidder could think of a profitable way to use it). Their problems only began when LS decided that they wanted to use this inexpensive spectrum for ground to ground communications, instead of using a more expensive band like everybody else. They attempted to exploit a loop-hole that the FCC created when it allowed "supplemental" ground stations for sat broadcasts (like for inside tunnels) by launching a sat for an ostensibly satellite-based broadband business (while actually transferring the bulk of the data from ground-based transmitters).