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Globalstar Telecommunications
Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and earth observation. The Globalstar second-generation constellation consists of 25 satellites. History The Globalstar project was launched in 1991 as a joint venture of Loral Corporation and Qualcomm. On March 24, 1994, the two sponsors announced the formation of Globalstar LP, a limited partnership established in the U.S., with financial participation from eight other companies, including Alcatel-Lucent, Alcatel, AirTouch, Deutsche Aerospace, Hyundai Group, Hyundai, and Vodafone. At that time, the company predicted the system would launch in 1998, based on an investment of $1.8 billion. Globalstar said in March 1994 that it expected to charge $0.65 per minute for cellular service, compared to $3 per minute from Iridium. By then it had a worldwide license from the World Administrative Radio Conference. Globa ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Federal Communications Commission
The Federal Communications Commission (FCC) is an independent agency of the United States government that regulates communications by radio, television, wire, internet, wi-fi, satellite, and cable across the United States. The FCC maintains jurisdiction over the areas of broadband access, fair competition, radio frequency use, media responsibility, public safety, and homeland security. The FCC was established pursuant to the Communications Act of 1934 to replace the radio regulation functions of the previous Federal Radio Commission. The FCC took over wire communication regulation from the Interstate Commerce Commission. The FCC's mandated jurisdiction covers the 50 states, the District of Columbia, and the territories of the United States. The FCC also provides varied degrees of cooperation, oversight, and leadership for similar communications bodies in other countries in North America. The FCC is funded entirely by regulatory fees. It has an estimated fiscal-2022 budg ...
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3GPP
The 3rd Generation Partnership Project (3GPP) is an umbrella term for a number of standards organizations which develop protocols for mobile telecommunications. Its best known work is the development and maintenance of: * GSM and related 2G and 2.5G standards, including GPRS and EDGE * UMTS and related 3G standards, including HSPA and HSPA+ * LTE and related 4G standards, including LTE Advanced and LTE Advanced Pro * 5G NR and related 5G standards, including 5G-Advanced * An evolved IP Multimedia Subsystem (IMS) developed in an access independent manner 3GPP is a consortium with seven national or regional telecommunication standards organizations as primary members ("organizational partners") and a variety of other organizations as associate members ("market representation partners"). The 3GPP organizes its work into three different streams: Radio Access Networks, Services and Systems Aspects, and Core Network and Terminals. The project was established in Decembe ...
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Mudrick Capital Management
Mudrick Capital Management is an American investment firm and vulture fund specializing in special situations and event driven investing that include investing in distressed securities. The firm was founded by Jason Mudrick, its current Chief Investment Officer, in 2009."Jason Mudrick,"
'''', August 15, 2016.
The firm is located in New York City and, as of June 2022, managed approximately $3.3 billion in assets. Mudrick Capital typically seeks an event, such as a balance sheet restructuring, a spin-off of assets or the modification of a corporate strategy, that can allow it to capture an undervaluation spread.


History

In 2016, Mudrick Capital’s Distressed Opportunity Fund ranked ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ...
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Link Aggregation
In computer networking, link aggregation is the combining ( aggregating) of multiple network connections in parallel by any of several methods. Link aggregation increases total throughput beyond what a single connection could sustain, and provides redundancy where all but one of the physical links may fail without losing connectivity. A link aggregation group (LAG) is the combined collection of physical ports. Other umbrella terms used to describe the concept include trunking, bundling, bonding, channeling or teaming. Implementation may follow vendor-independent standards such as Link Aggregation Control Protocol (LACP) for Ethernet, defined in IEEE 802.1AX or the previous IEEE 802.3ad, but also proprietary protocols. Motivation Link aggregation increases the bandwidth and resilience of Ethernet connections. Bandwidth requirements do not scale linearly. Ethernet bandwidths historically have increased tenfold each generation: , , , . If one started to bump into bandwidth ...
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Revolutions Per Minute
Revolutions per minute (abbreviated rpm, RPM, rev/min, r/min, or r⋅min−1) is a unit of rotational speed (or rotational frequency) for rotating machines. One revolution per minute is equivalent to hertz. Standards ISO 80000-3:2019 defines a physical quantity called ''rotation'' (or ''number of revolutions''), dimensionless, whose instantaneous rate of change is called ''rotational frequency'' (or ''rate of rotation''), with units of reciprocal seconds (s−1). A related but distinct quantity for describing rotation is ''angular frequency'' (or ''angular speed'', the magnitude of angular velocity), for which the SI unit is the radian per second (rad/s). Although they have the same dimensions (reciprocal time) and base unit (s−1), the hertz (Hz) and radians per second (rad/s) are special names used to express two different but proportional ISQ quantities: frequency and angular frequency, respectively. The conversions between a frequency and an angular frequency ...
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Global Positioning System
The Global Positioning System (GPS) is a satellite-based hyperbolic navigation system owned by the United States Space Force and operated by Mission Delta 31. It is one of the global navigation satellite systems (GNSS) that provide geolocation and time information to a GPS receiver anywhere on or near the Earth where there is an unobstructed line of sight to four or more GPS satellites. It does not require the user to transmit any data, and operates independently of any telephone or Internet reception, though these technologies can enhance the usefulness of the GPS positioning information. It provides critical positioning capabilities to military, civil, and commercial users around the world. Although the United States government created, controls, and maintains the GPS system, it is freely accessible to anyone with a GPS receiver. Overview The GPS project was started by the U.S. Department of Defense in 1973. The first prototype spacecraft was launched in 1978 an ...
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September 11 Attacks
The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into the Twin Towers of the World Trade Center in New York City and the third into the Pentagon (headquarters of the U.S. Department of Defense) in Arlington County, Virginia. The fourth plane crashed in a rural Pennsylvania field during a passenger revolt. The attacks killed 2,977 people, making it the deadliest terrorist attack in history. In response to the attacks, the United States waged the global war on terror over multiple decades to eliminate hostile groups deemed terrorist organizations, as well as the foreign governments purported to support them. Ringleader Mohamed Atta flew American Airlines Flight 11 into the North Tower of the World Trade Center complex at 8:46 a.m. Seventeen minutes later at 9:03 a.m., United Airlines Flig ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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Bernard L
Bernard ('' Bernhard'') is a French and West Germanic masculine given name. It has West Germanic origin and is also a surname. The name is attested from at least the 9th century. West Germanic ''Bernhard'' is composed from the two elements ''bern'' "bear" and ''hard'' "brave, hardy". Its native Old English cognate was ''Beornheard'', which was replaced or merged with the French form ''Bernard'' that was brought to England after the Norman Conquest. The name ''Bernhard'' was notably popular among Old Frisian speakers. Its wider use was popularized due to Saint Bernhard of Clairvaux (canonized in 1174). In Ireland, the name was an anglicized form of Brian. Geographical distribution Bernard is the second most common surname in France. As of 2014, 42.2% of all known bearers of the surname ''Bernard'' were residents of France (frequency 1:392), 12.5% of the United States (1:7,203), 7.0% of Haiti (1:382), 6.6% of Tanzania (1:1,961), 4.8% of Canada (1:1,896), 3.6% of Nigeria (1:12,221 ...
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Loral Space & Communications
Loral Space & Communications Inc. is a Delaware-domiciled satellite communications company headed by Michael B. Targoff. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin for $9.1 billion. In 2006, Bernard L. Schwartz retired after leading the company for 34 years. Loral presently has an investment in Telesat Canada in partnership with the Public Sector Pension Investment Board of Canada, and merged into a new stock offering (TSAT) on the Nasdaq in November, 2020. The company also participates in a number of international and domestic joint ventures, including an ownership stake in XTAR. History On March 20, 1998, Loral completed the acquisition of Orion Network Systems, Inc., through the exchange of common stock. The transaction was valued at approximately $479 million. In January 2002, Loral reached a settlement with the U.S. Government in a case relating to t ...
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