Also - satellites is one thing. Where are the terminal manufacturers at? What is an end customer going to be able to install this year to actually use all these satellites they plan to launch? Definitely nothing that will come to market in the next 6-12 months. They say they will use COTS products with minor modifications (in the risk section) - look at how many Iridium Certus terminals exist today with years of development and funding - barely a handful and costing thousands of dollars each. These aren't simple products.
SAS Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held