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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Nelson who wrote (966)	2/27/1998 10:28:00 AM
From: Mohan Marette	Respond to of 2394

Mike: and what is your source?

To: Mike Nelson who wrote (966)	2/27/1998 10:40:00 AM
From: Mohan Marette	Respond to of 2394

About Orbital Orbital is one of the ten largest space-related companies in the United States, with 1997 sales of over $600 million and a work force of approximately 4,000 people. The company is the world's leading manufacturer of low-cost space systems and products. Through its ORBCOMM and ORBIMAGE subsidiaries, Orbital is also a pioneering operator of satellite networks that provide data communications and high-resolution imagery services to customers all around the world. Since its founding in 1982, Orbital (including several predecessor companies) has built and launched, or now has on order, 350 small- and medium-class satellites and small launch vehicles. It has also produced over 15,000 space-related sensors and electronics systems and has installed satellite ground stations in more than 25 countries. The company's Magellan subsidiary is the world's premier producer of mobile satellite access products. As a result of its recent merger with Ashtech Inc., Magellan now offers the broadest line of products that use the Global Positioning System (GPS), from hand-held consumer models to high-precision units for industrial and scientific uses. Also using GPS and other technologies, Magellan's PathMasterT is the most popular car navigation system in the U.S., with over 10,000 units installed. In addition, Magellan manufactures and sells state-of-the-art satellite communications products, including satellite telephones and hand-held personal messaging units for the ORBCOMM network. Finally, Orbital is now building a strong position in the rapidly growing market for satellite-delivered communications and imagery services through two affiliated companies. ORBCOMM is the world's first operational low-orbit satellite network for global data communications. ORBIMAGE currently offers satellite-based Earth imaging services worldwide with two operational satellites, OrbView-1 and OrbView-2, and with two planned high-resolution digital imaging satellites, OrbView-3 and OrbView-4. Note: Coverage of the SNOE/T1 mission will be broadcast on NASA Television on Thursday, February 26 at 3:00 p.m. Eastern time. The satellite coordinates for NASA Television are the GE-2 satellite, transponder 9C, C-band, located at 85 degrees West longitude.