Orbcomm


21700 Atlantic Boulevard, Dulles, Virginia 20166-6801 USA
Tel: 1-800-orbcomm
Tel: +1-703-433-6300
Fax: +1-703-433-6400
http://www.orbcomm.com/

Programs: Orbcomm

In early 2000 Orbcomm announced that Teleglobe Inc became the majority owner and sole general partner of Orbcomm. Other shareholders are Orbital Sciences Corp. and TRI Inc. of Malaysia. In Sep 2000, this firm filled for bankrupcy but expects to find the necessary money. In Mar 2001 Advanced Communications Technologies Inc made the highest bid at $14.25 million to acquire the assets.

In Feb 2004, several new investors entered Orbcomm including SES Global for 9% and OHB Technology.

In Oct 2006, the company launched an IPO to get fresh money for a new generation of satellites.

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