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SSL (company)
SSL, formerly Space Systems/Loral, LLC (SS/L), of Palo Alto, California, is a wholly owned manufacturing subsidiary of Maxar Technologies. SSL designs and builds satellites and space systems for a wide variety of government and commercial customers. Its products include high-powered direct-to-home broadcast satellites, commercial weather satellites, digital audio radio satellites, Earth observation satellites and spot-beam satellites for data networking applications. History The company was founded as the Western Development Laboratories (WDL) of Philco (Philco-Ford since 1966). The Space Systems Division was made a stand-alone Division of Aeronutronic/Ford Aerospace/ and was acquired by Loral Corp. in 1990 for $715 million from Ford Motor Company, and renamed Space Systems/Loral. All other divisions of Ford Aerospace including Western Development Labs now located in San Jose were also acquired by Loral at that time. In 2012 Space Systems/Loral was acquired by the Canadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
