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Loral Space & Communications (LORL)

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Loral Space & Communications Inc. operates as a satellite communications company. Its Satellite Manufacturing segment designs, manufactures, and integrates satellites, space systems, and space system components used in fixed satellite services, direct-to-home (DTH) broadcasting, mobile satellite services, broadband data distribution, wireless telephony, digital radio, digital mobile broadcasting, military communications, weather monitoring, and air traffic management applications for commercial and government customers. The company’s Satellite Services segment provides broadcast, enterprise, and consulting services. This segment owns and leases a satellite fleet that provides high-bandwidth services in their coverage areas to broadcasters, cable networks, and DTH service providers. It also offers satellite transmission services for the broadcast of video news, sports, and live events coverage enabling broadcasters to conduct on-the-scene transmissions using portable antennae. In addition, this segment operates very small aperture terminal (VSAT) networks in North America, and manages various VSAT terminals at customer sites, as well as provides the installation and maintenance of the end user terminal, the VSAT hub, and satellite capacity services. Further, it offers Internet protocol-based terrestrial extension services; Ka-band two-way broadband Internet services; satellite capacity and end-to-end services for data and voice transmission to telecommunications carriers; fixed satellite services to the United States and Canadian governments; and satellite consulting services. The company also owns and operates an X-band satellite, which provides X-band communications services to government users. As of June 30, 2011, it had 12 in-orbit satellites and 3 satellites under construction. Loral Space & Communications Inc. also provides its services in Europe, the Middle East, and, Asia. The company was founded in 1996 and is based in New York, New York.
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LORL News: Quarterly Report (10-q) 08/08/2017 04:16:00 PM
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