Eccentric Orbits

Eccentric Orbits

The Iridium Story

Book - 2016
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In the early 1990s, Motorola, the legendary American technology company developed a revolutionary satellite system called Iridium that promised to be its crowning achievement. Light years ahead of anything previously put into space, and built on technology developed for Ronald Reagan's "Star Wars," Iridium's constellation of 66 satellites in polar orbit meant that no matter where you were on Earth, at least one satellite was always overhead, and you could call Tibetfrom Fiji without a delay and without your call ever touching a wire.

Iridium the satellite system was a mind-boggling technical accomplishment, surely the future of communication. The only problem was that Iridium the company was a commercial disaster. Only months after launching service, it was $11 billion in debt, burning through $100 million a month and crippled by baroque rate plans and agreements that forced calls through Moscow, Beijing, Fucino, Italy, and elsewhere. Bankruptcy was inevitable--the largest to that point in American history. And whenno real buyers seemed to materialize, it looked like Iridium would go down as just a "science experiment."

That is, until Dan Colussy got a wild idea. Colussy, a former head of Pan-Am now retired and working on his golf game in Palm Beach, 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.

In Eccentric Orbits , John Bloom masterfully traces the conception, development, and launching 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--anyone who would need a durable phone at the end of the Earth. 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.
Publisher: New York :, Atlantic Monthly Press,, 2016
Edition: First edition
ISBN: 9780802121684
Branch Call Number: 384.51 Bloom
Characteristics: xx, 537 pages :,illustrations (some color) ;,24 cm

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lecopaw
Apr 09, 2018

A very long and very good book. Well researched and well written. I now feel educated in a subject I knew nothing about. There were times I wondered if it would ever end, but never felt like giving up on it. Found it interesting and fascinating. Have new found respect for John Bloom. Thanks for a great read Joe Bob!

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