Wednesday, July 1, 2009

Venture to Build Military Satellites

From The Wall Street Journal:

A clutch of former Pentagon brass is helping to start a company that offers a new service: satellites intended solely for military communications that would be built, launched and owned by private investors.

The new company, called U.S. Space LLC, attempts to meet a need that the U.S. military has struggled to fill. As U.S. forces deploy to out-of-the-way regions, the Pentagon frequently needs more satellite capacity for communications and distribution of surveillance videos than it can get its hands on.

Read more ....

My Comment: This is a niche that will require the best engineers and specialists on the market .... but the market is there and if they can deliver at a cost that is less than what is being offered from existing carriers .... more power to them.

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