Posted inNews

N.M. Approves Spaceport Legislation

New Mexico Gov. Bill Richardson signed legislation March 1 enabling the state to invest $110 million in the construction of a planned spaceport near Upham in the southern part of the state just west of the White Sands Missile Testing Center. The spaceport site is approximately 43 square kilometers of open, generally level, range land that has been picked for its low-population density, uncongested airspace and high elevation.

Posted inOpinion

OpEd: The Rebounding Satcom and Space Industries

A bout seven to eight years ago, just before the turn of the millennium, the telecom and dot.com crashes were just beginning. Shortly thereafter, the NASDAQ would crash and burn to less than half its value. Many in the investment banking community were writing off the satellite industry in the wake of the bankruptcies of ICO, Globalstar, Iridium and Orbcomm, and the seemingly stagnant growth of the fixed satellite organizations like PanAmSat and Intelsat. Most bright young analysts on Wall Street were saying that the satellite communications (Satcom) industry was dying, and the future belonged to fiber optics and cable modems.