By John Bloom
In the early Nineties, Motorola, the mythical American corporation, made an important gamble on a progressive satellite tv for pc cell method known as Iridium. Light-years sooner than whatever formerly placed into area, and equipped on expertise constructed for Ronald Reagan's 'Star Wars,' Iridium's constellation of sixty-six satellites in six frivolously spaced orbital planes intended that at the least one satellite tv for pc used to be constantly overhead.
Iridium used to be a mind-boggling technical accomplishment, definitely the way forward for conversation. the one challenge was once that Iridium was once additionally a advertisement catastrophe. simply months after launching provider, it used to be $11 billion in debt, burning via $100 million a month and bringing in virtually no profit. financial ruin was once inevitable - the biggest to that time in American background. It appeared like Iridium might cross down as only a 'science experiment.'
That is, until eventually Dan Colussy acquired a wild suggestion. Colussy, a former CEO of Pan Am, heard approximately Motorola's plans to 'de-orbit' the process and determined he could purchase Iridium and one way or the other flip round one of many largest mistakes within the background of business.
Eccentric Orbits masterfully strains the delivery of Iridium and Colussy's tireless efforts to prevent it from being destroyed, from conferences along with his motley investor staff, to the Clinton White apartment, to the Pentagon, to the search for purchasers in designated ops, transport, aviation, mining, seek and rescue. Impeccably researched and fantastically informed, Eccentric Orbits is a rollicking, unforgettable story of technological success, company failure, the military-industrial advanced and one of many maximum bargains of all time.
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Extra resources for Eccentric Orbits: The Iridium Story - How a Single Man Saved the World's Largest Satellite Constellation From Fiery Destruction
Eccentric Orbits: The Iridium Story - How a Single Man Saved the World's Largest Satellite Constellation From Fiery Destruction by John Bloom