All verified mentions of this organization in source documents.
Telesat and Loral Space & Communications announced plans on 2020-11-24 to combine to form Telesat Corp., a Canadian public company.
Loral sold its former satellite manufacturing business for over $1,000,000,000.
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.
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 disclosed in 2016 that it had no commitment to provide further financial support to XTAR.
Israel Aerospace Industries nearly shut down its geostationary satellite communications production line in 2018 after Spacecom chose to order the Amos-8 satellite from Space Systems Loral (now Maxar Technologies).
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.
Maxar decided in February 2019 to restructure Space Systems Loral with a focus on smaller satellites and government projects rather than selling its geostationary commercial satellite business.
NASA awarded study contracts in November 2017 to Boeing, Lockheed Martin, Orbital ATK (now Northrop Grumman Innovation Systems), Sierra Nevada Space Systems, and Space Systems Loral (now Maxar).
Airbus won the two-satellite Turksat order over Space Systems Loral and Mitsubishi Electric in a tender first announced in October 2017 and closed in November 2017.
Maxar’s Space Systems Loral business unit had been working with DARPA on the RSGS program under a public-private partnership finalized in 2017.
Maxar plans to eliminate around 60 jobs at Space Systems Loral, which employs roughly 2,000 people.
Maxar plans to rebrand Space Systems Loral as its Space Solution Group.
Space Systems Loral generated $821,000,000 of Maxar’s space systems sector revenue in 2018.
Telesat plans to select a satellite manufacturer later 2019 from either Airbus Defence and Space or a team of Thales Alenia Space and Space Systems Loral.
Airbus Defence and Space and the Thales Alenia Space–Space Systems Loral team completed systems requirements reviews for Telesat’s constellation on 2019-01-24.
Maxar Technologies’ Space Systems Loral terminated an agreement to build DARPA’s Robotic Servicing of Geosynchronous Satellites spacecraft on 2019-01-30.
EDF announced on 2019-01-10 that Ball Aerospace and Space Systems Loral had received study contracts with an overall value of $1,500,000 to advance MethaneSAT concepts.
Maxar Technologies pushed a decision on divesting Space Systems Loral’s geostationary communications satellite business from year’s end to early the following year.