Loral Space & Communications, founded in 1996, is a satellite communications company that provides satellite-based communication services. They offer broadcast and enterprise services, including video distribution, telecommunication carrier, and internet services. Loral Space has an ownership interest in Telesat Canada, a global satellite operator, and has partnered with the Public Sector Pension Investment Board of Canada. In November 2021, Loral Space & Communications was acquired by Telesat Canada.
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NASA astronaut Loral O’Hara launched to the station in Soyuz MS-24 in September with Russian cosmonauts Oleg Kononenko and Nikolai Chub.
Expedition 70 crew members currently working on the International Space Station include NASA astronauts Jasmin Moghbeli and Loral O’Hara.
NASA astronaut Loral O’Hara and NASA astronaut Jasmin Moghbeli are scheduled to perform a spacewalk on 2023-10-20 to conduct additional station maintenance.
NASA astronaut Loral O’Hara and ESA astronaut Andreas Mogensen are scheduled to perform a spacewalk on 2023-10-12 to perform station maintenance and collect science samples.
Tracy C. Dyson trained as Loral O’Hara’s backup and was slated to fly to the station in 2024.
Loral O’Hara is scheduled to spend six months at the station, while Oleg Kononenko and Nikolai Chub may spend a year there.
Soyuz MS-24 is scheduled to launch 2023-09-15 to bring Roscosmos cosmonauts Oleg Kononenko and Nikolai Chub and NASA astronaut Loral O’Hara to the station.
A seat barter agreement completed in July 2022 covered the flights of Anna Kikina and Andrey Fedyaev on Crew Dragon and NASA astronauts Frank Rubio and Loral O’Hara on Soyuz.
Wendy Newman directed corporate communications and investor relations for Loral Space & Communications.
Telesat completed its stock-market listing by merging with shareholder Loral Space & Communications and did not raise cash in the listing.
Telesat expects to start publicly trading shares after completing its merger with Loral Space & Communications on 2021-11-19 following a two-day closing process.
Loral Space & Communications and PSP Investments are Telesat’s largest shareholders following their 2007 leveraged buyout of the company for about $3,000,000,000.
A definitive agreement to combine Loral Space & Communications and Telesat into a new Canadian public company called New Telesat was reached on 2020-11-24.
The Loral Board of Directors has adopted a shareholder rights plan that will be triggered if a party other than the MHR Funds acquires or announces the intention to acquire shares of Loral voting common stock such that the party would own more than 15 percent of the Unaffiliated Shares.
Telesat and Loral Space & Communications announced plans on 2020-11-24 to combine to form Telesat Corp., a Canadian public company.
Loral stockholders not affiliated with the funds managed by MHR Fund Management LLC will beneficially own 26.1 percent of the economic interests in New Telesat.
Loral sold its former satellite manufacturing business for over $1,000,000,000.
Loral disclosed in 2016 that it had no commitment to provide further financial support to XTAR.
The 1995 failure of a Chinese Long March 2E carrying Apstar-6 and the 1996 failure of a Long March 3B carrying Intelsat-708 led to a U.S. crackdown on satellite technology exports involving Loral and Hughes.