Eccentric Orbits

Eccentric Orbits

EnglishPaperback / softback
Bloom John
Grove Press / Atlantic Monthly Press
EAN: 9781611855357
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Detailed information

In the early 1990s, Motorola, the legendary American company, made a huge gamble on a revolutionary satellite telephone system called Iridium. Light-years ahead of anything previously put into space, and built on technology developed for Ronald Reagan's 'Star Wars,' Iridium's constellation of sixty-six satellites in six evenly spaced orbital planes meant that at least one satellite was always overhead.

Iridium was a mind-boggling technical accomplishment, surely the future of communication. The only problem was that Iridium was also a commercial disaster. Only months after launching service, it was $11 billion in debt, burning through $100 million a month and bringing in almost no revenue. Bankruptcy was inevitable - the largest to that point in American history. It looked like Iridium would go down as just a 'science experiment.'

That is, until Dan Colussy got a wild idea. Colussy, a former CEO of Pan Am, heard about Motorola's plans to 'de-orbit' the system and decided he would buy Iridium and somehow turn around one of the biggest blunders in the history of business.

Eccentric Orbits masterfully traces the birth of Iridium and Colussy's tireless efforts to stop it from being destroyed, from meetings with his motley investor group, to the Clinton White House, to the Pentagon, to the hunt for customers in special ops, shipping, aviation, mining, search and rescue. Impeccably researched and wonderfully told, Eccentric Orbits is a rollicking, unforgettable tale of technological achievement, business failure, the military-industrial complex and one of the greatest deals of all time.

EAN 9781611855357
ISBN 1611855357
Binding Paperback / softback
Publisher Grove Press / Atlantic Monthly Press
Publication date June 14, 2016
Pages 560
Language English
Dimensions 234 x 157 x 43
Country United States
Readership Professional & Scholarly
Authors Bloom John
Illustrations 1 x 16pp colour section
Edition Main
Manufacturer information
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