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

This is a cover-up

[Anonymous Coward]

They'll use this as an excuse for bankruptcy/liquidation/etc. "Don't blame us, blame the Sun."

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:Maybe the universe is telling them something..

[MightyMartian]

There are nails in the coffin, and then there's the coffin being doused in gasoline, lit on fire, pissed on, dropped from 30,000 feet with lit sticks of dynamite inside.