Loral Space and Communications Stock Company Profile

Description

Loral Space & Communications Inc., a satellite communications company, provides satellite-based communications services to broadcast, telecom, corporate, and government customers worldwide. As of December 31, 2015, the company provided satellite services to its customers through a fleet of 15 in-orbit satellites; and the Canadian Ka-band payload on the ViaSat-1 satellite. It also offers video distribution and direct-to-home (DTH) video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage. In addition, the company provides telecommunication carrier and integrator services; satellite services to the Canadian Government; two-way broadband Internet services; communications services to the on and off shore oil and gas, and mining industries; maritime and aeronautical services; and satellite operator services. Further, it is involved in the installation and maintenance of the end user terminal; maintenance of the VSAT hub; and provision of satellite capacity. Additionally, the company offers consulting and other services to businesses and governments; and X-band communications services to the U.S. Department of Defense, U.S. Department of State, and various agencies of the Spanish Government. Loral Space & Communications Inc. was founded in 1996 and is headquartered in New York, New York.