{"id":85706,"date":"2010-12-07T23:13:42","date_gmt":"2010-12-07T15:13:42","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/skyterra-1-reflector-antenna-glitch-adds-to-pile-of-harbinger-problems\/"},"modified":"2010-12-07T23:13:42","modified_gmt":"2010-12-07T15:13:42","slug":"skyterra-1-reflector-antenna-glitch-adds-to-pile-of-harbinger-problems","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/skyterra-1-reflector-antenna-glitch-adds-to-pile-of-harbinger-problems\/","title":{"rendered":"SkyTerra 1 Reflector Antenna Glitch Adds to Pile of Harbinger Problems"},"content":{"rendered":"

[12-07-10] The Skyterra 1 mobile communications satellite is having problems deploying its 22-meter reflector antenna, according to statements released to Satellite TODAY Insider<\/em>.
\n     Harris, along with prime contractor Boeing<\/strong> assembled a joint team on Dec. 2 to see if it was possible to use satellite manipulation to fully deploy the antenna. The companies also are weighing the decision to issue a ground command to jolt the satellite in order to fully deploy the antenna.
\n    The satellite, launched Nov. 14 by an ILS<\/strong> Proton Breeze-M launch vehicle from Baikonur for Harbinger Capital Partners<\/strong> and its LightSquared<\/strong> hybrid venture, is scheduled to enter service early next year as it continues in-orbit testing. With the antenna being a key component of SkyTerra\u2019s future business model, Boeing said SkyTerra 2, currently under construction, could launch within a year, if necessary.
\n    The potential loss of SkyTerra 1 could issue a devastating blow to the operator as well as its insurers, according to a space insurance official, who asked not to be named for this story. \u201cIt\u2019s not a good time for our industry to take on an expense that could exceed $250 million [for SkyTerra 1]. With [Eutelsat<\/strong>\u2019s] W3B loss costing $325 million and the three uninsured Russian Glonass birds lost over the weekend, this will have a serious impact on our premiums this year,\u201d the official said.
\n    The satellite glitch also adds to a series of problems faced by financier Harbinger Capital, which is relying on SkyTerra 1 to capitalize on the next-generation 4G broadband communications market. According to documents issued by the U.S. Securities and Exchange Commission<\/strong> (SEC), Harbinger\u2019s founder and hedge fund manager Philip Falcone is currently under investigation by U.S. federal authorities over whether he used company funds to pay a personal income tax bill. Investigators also suspect Harbinger of giving \u201cpreferential treatment to certain clients,\u201d the documents said.
\n    Falcone has publicly denied the charges. However, investors Goldman Sachs<\/strong>, Blackstone Group<\/strong> and New York State\u2019s public pension fund have moved to withdraw their own stake in Harbinger, the SEC documents said.<\/p>\n

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[12-07-10] The Skyterra 1 mobile communications satellite is having problems deploying its 22-meter reflector antenna, according to statements released to Satellite TODAY Insider.      Harris, along with prime contractor Boeing assembled a joint team on Dec. 2 to see if it was possible to use satellite manipulation to fully deploy the antenna. The companies also […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-85706","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85706"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=85706"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85706\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=85706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=85706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=85706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}