Consider, page-45

Please share your calculation that concludes sas require $70m per year for four years to get the pearls launched. (Your point 1)

How does that relate to the $90m a year required to operate the pearls over the next two years? (Your second point 1)

Can you please clarify why in the next point (your second point 2) you again claim $70m a year over four years to launch and operate? How’s that relate to the $90m in the immediately proceeding point?

Also, please share your analysis on orbital decay and how that requires 68 sats a year to maintain the constellation. (Also in your second point 2).

Thank you for your considered response.