Loral Space & Communication is a satellite communications company.
Headquartered in New York, Loral Space & Communications (NASDAQ: LORL) is a satellite communications company engaged, through ownership interests in affiliates, in satelllite-based communications services.
Loral owns 62.7% of Telesat, a leading global satellite operator providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, Telesat's state-of-the-art fleet consists of 14 satellites plus the Canadian payload on ViaSat-1 with another satellite under construction. Telesat also manages the operations of additional satellites for third parties.
Loral also owns 56% of XTAR, a joint venture between Loral and HISDESAT, a consortium comprised of leading Spanish telecommunications companies, including Hispasat, S.A., and agencies of the Spanish government. Through its XTAR-EUR satellite, XTAR provides X-band services to government users in the United States, Spain and other allied countries, including the US Department of State, the Spanish Ministry of Defence and Danish armed forces. XTAR's headquarters are in Ashburn, VA.
Note: Information on this site contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Loral Space & Communications Inc. or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. These factors and conditions have been described in various filings made by the company with the Securities and Exchange Commission.