When I brought up that "n2yo" website that zxq posted...that showed all of Orbcomm's satellites...it all makes a lot more sense. These 6 satellites fill a large gap around the world. The next 11 satellites should be up by the end of the year and revenue really gets a boost then!
Amazingly SpaceX has AsiaSat 8 set for August 4th and AsiaSat 6 follows on August 25! I expect delays again...but SpaceX is planning for super quick turn arounds.
$1/share drop in a week! I guess it was sell the news? Plus...the satellites haven't been cleared yet.:)
The footprint is larger than I thought. As the OG2s spread out...that "draw footprint" feature will show just how much more coverage the new sats will deliver. That site is amazing.
I'm still waiting for the four quarterly dividend payment news. Makes me think maybe they have plans for some of that cash or being courted by a larger player.
Best move I ever made was spreading my risk amongst 10-20 stocks...no matter had good each individual company looked. I don't sweat the pullbacks...like I just had with ITI...even though they looked like they had no issues 3 months ago. New CFO was sloppy in the 6 months he was there. Even though it's a top 5 holding for me...I bought more on the pullback. I might have panicked if all of my eggs were in that one basket. Vecima is rocking for sure though!
Speaking of GSAT...I was looking hard at their stock when it was $.50/share, but just looking.:(
Cool stuff...I be getting an education. I assume there will be a cone of coverage as the satellites pass over. Do you know how large that will be with the OG2 units? Or maybe it's not a cone of coverage using the base stations? I don't have a clue.
Cool stuff...you must be in the business. I assume they have fuel onboard or use solar to move the satellites?
Also...while we're at it how long does it take for the sats to circle the globe...or the world to spin under them? Will it be faster as they move them higher or the same? Thanks
OK...that's makes more sense.
Do you think they are exchanging data already...even though they aren't officially released?
That's really cool...thanks. Haven't been to SI for years. It does show how there were holes in the sky. Is it just me...or does it seems FM103.....norad 40091 is out there by itself?
to All Six On-Orbit ORBCOMM Generation 2 Satellites.
Posted Thursday, July 17, 2014
"Sparks, Nev., July 17, 2014 – Sierra Nevada Corporation (SNC) has commenced the on-orbit checkout phase for six ORBCOMM Generation 2 (OG2) satellites, establishing communication with each satellite as planned. The satellites, which will replenish the current first generation ORBCOMM constellation, were launched on July 14, 2014 via a dedicated SpaceX Falcon 9 rocket at Cape Canaveral Air Force Station, Florida.
SNC is the prime contractor and spacecraft bus manufacturer for this upgraded communication constellation leading all development and integration efforts from its Louisville, Colorado facility. The payload is provided to SNC by Boeing Space and Intelligence Systems. In addition to managing the development and test of the satellite constellation, SNC also manages the early on-orbit checkout from its Louisville Satellite Operations Center in collaboration with the ORBCOMM operations team at the ORBCOMM Network Control Center (NCC) in Sterling, Virginia.
This low-Earth orbit constellation is comprised of a total of 17 satellites, all derived from SNC’s SN-100 bus. The remaining 11 satellites in the constellation are in final integration at SNC's facility in Louisville and are on track to launch as early as the end of the fourth quarter of 2014.
“This event heralds the first multiple launch of SNC’s state-of-the-art SN-100 bus platform – which demonstrates its versatility to launch in a variety of configurations,” said Mark N. Sirangelo, corporate vice president of SNC’s Space Systems.
Since launch, SNC has verified the solar array and antenna deployments and connectivity to ORBCOMM’s Gateway Earth Station network. Over the next several weeks SNC will verify the full system performance for Subscriber Terminal communications and operation of the Automatic Identification System (AIS) capability."
“We’d like to thank SNC and Boeing for their hard work and dedication to t
If you haven't signed on to twitter...you might want to consider it. I had fought it for a while...but finally gave in...just so I could keep updated from another source about the stocks I own. Most companies have a link for their stock and several of the company's CEOs have their own links to follow. There was a cool video from Verisante's CEO that was shown when I signed onto their twitter account. It's the future and gives us another tool to keep updated. I don't own twitter stock...honest.:)
Basically fixed M2M market isn't Orbcomm's market...unless it's out of cellular range. No point to have satellite coverage for an in home M2M system. Like I said...if it's a fixed outdoors M2M system...Orbcomm has that covered too with cellular. I'm not sure what your point is with this...except you're unhappy that orbcomm entered the cellular M2M market full steam ahead...with their own products.
if Iteris were a marginable stock. I've seen the forced margin selling crash a stock many times. Since it isn't...no longs are forced to sell. We missed the top at $2.50/share...so no way I'd sell at this price. I'm not saying all negative news is out...but the company is growing nicely and flush with cash.
I picked up another 2K for our IRA. I already have a nice position there...but had planned on adding more for some time. I bought my core position for the personal account mostly in 2011 around the $1.20's. Just checked and I did buy 1000 shares in 2009 at $1.51. Really crazy that this stock is trading at this price...based on the progress they have made over the last five year. Awesome value at this price...as they are in a very sweet sector.
Vecima has turned into a cash generating machine!!!
"VICTORIA, BRITISH COLUMBIA--(Marketwired - Jul 17, 2014) - Vecima Networks Inc. (VCM.TO), an experienced designer and manufacturer of innovative technology in the broadband equipment market, is announcing today that continued strong operational performance in the fourth quarter will result in a further substantial increase to the Company's cash balance. Vecima's stated focus is to derive high profitability using a strategy that aims to deliver high value platform products to the cable MSOs. The Company's cash flow is a metric to gauge our performance. The Company expects that its cash balance at the conclusion of the fourth quarter will be approximately $48 million or about a $6 million increase compared to March 31, 2014.
"Rather than waiting until we report year end results in late September, we are updating shareholders today that we believe our plan remains well on track," indicated Sumit Kumar, President and CEO."
Well I have my funds ready for $1.30.:) Those of us that should've sold...missed the boat at $2.50/share!
Upgrades and downgrades are a joke....as they are always late to the party.
What percentage of M2M telematic devices are not mobile?
Besides...it's not like Orbcomm doesn't provide cellular coverage too. That's why I stated the duel mode is the safest for expensive cargo tracking.
Nobody is stopping shorts from taking a position. Go for it!