Boeing will build 3 satellites for MSV Corp.

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGift Box shows no rust in San Antonio Stakes win at Santa Anita Worldwide market demand tumbled after hitting a peak in the late 1990s, partly due to new communications opportunities opened up by the Internet, and Boeing has had problems with some satellites already in orbit. Analyst Paul Nisbet said the contract with MSV signals that Boeing’s commercial-satellite business is slowly reviving as global demand picks up. “To have it begin to come back is significant, simply because they’re taking a losing operation and hopefully converting it to a profitable one,” said Nisbet of Newport, R.I.-based JSA Research. “Certainly an order like this would indicate they’ve convinced at least one customer that the problems are behind them.” Asked about the potential for future deals, Howard Chambers, vice president of Boeing Space and Intelligence Systems, said only that the company is “competing vigorously on other contracts at the moment.” The satellites, to be built by Boeing at its facilities in Southern California, are to be launched in 2009 and 2010 for Reston, Va.-based MSV, which is privately held. The satellite communications company envisions them as the core of a hybrid wireless network that will incorporate satellites working in unison with ground-based towers. Unlike existing satellite-based communications, MSV said, the system will use small handsets nearly identical to standard cell phones and will enable calls and data to be transmitted smoothly from virtually anywhere in North America as well as parts of South America. The company said the costs of using the satellite service will be much less than those for current mobile satellite services and closer to what is charged for existing wireless. “We are excited at the prospect of completing this paradigm- shifting project ahead of schedule and to provide improved service in both rural and urban areas, eliminating the telecommunications divide,” Good said. Ten-year-old MSV is backed by an investor group that includes Motient Corp., SkyTerra Communications, TMI Communications, Columbia Capital and Spectrum Equity Investors. The clients for its two existing satellites include the U.S. Department of Homeland Security and the Coast Guard. Shares in Boeing rose $1.00, to $70.10, in afternoon trading on the New York Stock Exchange. The stock is down slightly this year after rising 36 percent last year. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! CHICAGO – Boeing Co.’s long-stagnant commercial-satellite business got a boost Wednesday with the announcement of the unit’s largest order in nine years – a contract to build three satellites in Southern California for Mobile Satellite Ventures Corp. Financial terms were not formally disclosed, but Mobile Satellite Ventures CEO Alexander Good said on a conference call that the deal was worth between $500 million and $1 billion. That would make it Boeing’s biggest commercial-satellite deal since an international order for two large satellites in 1997, according to the Chicago-based aerospace company. While continuing to produce satellites regularly for the U.S. government through classified contracts, the company has built only a handful of commercial satellites in recent years at its facility in Seal Beach. last_img read more

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UEFA Champions League, Tottenham Hotspur vs Bayern Munich LIVE Streaming: When and Where to Watch Online, TV Telecast, Team News

first_imgTottenham Hotspur will face Bayern Munich for the first time in the Champions League on Tuesday night as the German giants make the trip to London for a crucial Group B match.The last time these two teams locked horns was in the third round of the UEFA Cup in 1983. Bayern currently lead Group B with three points, two points clear of second-placed Tottenham after one matchday. Tottenham had finished runners-up to Liverpool in Champions League last season, but their domestic form has been worrying since the turn of the year. Spurs kicked off this season’s Group B campaign with a draw at Olympiakos and Mauricio Pochettino wants his team to register their first win against leaders Bayern, whom they visit in the reverse fixture in their final group game in December.”Last season we would have all signed up for the same campaign in the Champions League,” the Argentine told reporters on Monday. “I hope to win tomorrow to be in a better position than last season. Last season we only had one point after three games.”Nobody believed in us, but we went on to reach the final of the Champions League. That is why in football it’s important how you start, but it’s more important how you finish. In a long season you need to be calm and strong in your mentality.”Pochettino pointed out that he had turned Spurs into Champions League regulars, with the club in their fourth consecutive season in the competition despite operating on a smaller budget than their main rivals in England and Europe.Spurs will remain without the services of Giovani Lo Celso due to a hip problem, while Ryan Sessegnon is still out of action with a hamstring issue. There were fears over Son Heung-min after the attacker was replaced in the second half of Saturday’s clash with Southampton, but the 27-year-old should be fit for Tuesday’s clash.As for Bayern, Leon Goretzka and Jann-Fiete Arp are both sidelined through injury, while Ivan Perisic is a doubt after missing the clash with Paderborn through illness.What time is kick-off?The game will kick-off at 12:30am IST on October 2. There are eight Champions League games tonight with two of them in the early 10.30pm slot and six that will start at 12:30 am on October 2. What TV channel is it on?Sony will show every game from the Champions League LIVE in India this season. Tottenham Hotspur vs Bayern Munich will be LIVE on Sony Six SD and HD on Tuesday night.How can I stream it?The Champions League Tottenham Hotspur vs Bayern Munich live stream will be available on Sony LIV app in India for premium users. Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time. bayern munichchampions leagueChampions League 2019champions league live streaming First Published: October 2, 2019, 12:04 AM ISTlast_img read more

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