SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Dierks who wrote (140350)9/25/2005 2:00:27 PM
From: Maurice Winn  Read Replies (1) of 794412
 
It's not science fiction, but the company doing it went bankrupt: <A science fiction author I read forwarded an idea many years ago. Whose idea was it originally? I do not know. Orbiting solar panel would shield the earth from solar rays while beaming electricity down via microwave. It would be paid for by the first world and while the third world rotated under the panels they would get a free or reduced cost ride. >

I was promoting the "cheap to third world" aspect. Actually, the cheap should be to anywhere where demand is low, not just to third world regions. For example, in India, due to the huge population, and the same in China, electricity demand would be huge, so prices would have to be high to balance supply and demand.

By maximizing revenue, further development could be funded, increasing capacity to the third world and lowering prices further while increasing quality.

I funded some of the development cost and launching was in the late 1990s.

Because management of the company and service providers had come up with a really dopey pricing scheme, way above terrestrial costs, few people bought the service, so bankruptcy soon followed.

We had 52 satellites up there, in orbit at 1414 kilometres, collecting sunlight on photovoltaic panels and beaming it down through microwave antennae to users in various areas, though not far out over oceans and only over limited parts of Earth.

We charged $3 a minute, which was ridiculously expensive, but management wouldn't believe me that CHEAP, meaning free until the system output was used to 50% capacity, was the way to go. No wonder it went broke. Dopey management deserves to be fired.

It's true that the shielding we provided was minuscule and it's also true that the energy we supplied was microscopic. But as BP says, "It's a start".

Nevertheless, the system is still functioning and gaining customers, more gateways are being built, they are developing new terrestrial receivers, and spreading around the world.

It's a privately owned company, so you can't buy shares in it yet, but next year shares should be sold to the public.

You can read more about it here. globalstar.com

Giggle,
Mqurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext