Despite launch of Orbital’s BSAT 2a geosynchronous satellite for ...
Despite launch of Orbital’s BSAT 2a geosynchronous satellite for Japan’s Bcstg. Satellite System March 8 and sale of Orbcomm March 9, company still is struggling, analyst Paul Nisbet of JSA Research said. Orbital “will need much more of a…
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jump-start” to become profitable, he told us. Company faces declining market for low earth orbit (LEO) satellites and has decided not to compete in market for geostationary birds, Nisbet said.