Posts Tagged boeing satellite
Ellipso, Inc. was founded to develop and launch communications satellite constellations situated in elliptical orbits. By placing the satellites in specific elliptical orbits closer to the Earth than geosychronous orbit (GEO), Ellipso hoped to offer lower cost satellite communications, including low cost voice, data, facsimile and geolocational services. For a time, things went quite well for Ellipso. Boeing and L-3 Communications designed and developed the satellites. Boeing was awarded a $1.4 billion contract to construct Ellipso’s satellites. Arianespace agreed to provide launch services for the would be 17 satellite constellation in addition to investing in the satellite company. Unfortunately, like other private satellite companies of the late 1990s and early 2000s, Ellipso ran out of money before it could get hardware to space and was forced into bankruptcy. In order to pay off its creditors, Ellipso’s assets are being sold off. In fact, Ellipso’s intellectual property portfolio is being auctioned off by IpAuctions this month!