The fate of the satellite phone company Iridium appears to be sealed now it
has declared bankruptcy, having defaulted on more than $1.55 billion in
loans. Requiring 66 low Earth orbit satellites, the system was a decade in the
making. Iridium has struggled to draw in customers since its launch last
November, but says that the service will be maintained for existing users.
More from New Scientist
Explore the latest news, articles and features
Physics
Record-breaking, fast-spinning magnet could help uncover new physics
News
Environment
An unexpected feedback loop may be driving mega heatwaves
News
91色情片
Less than 4 minutes of vigorous exercise a day could halve your dementia risk
News
91色情片
Parkinson鈥檚 may be driven by ‘vicious cycle’ that disrupts brain waste drainage
News
Popular articles
Trending New Scientist articles