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TerreStar-1 Nears Geostationary Orbit (NYSE:TSTR)

Source: http://feedproxy.google.com/~r/stockshaven/~3/JA8kUFyAI_s/
Posted on Friday, July 10th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Michael Vlaicu (http://www.stockshaven.com) -

TerreStar Corporation

(Public, NASDAQ:TSTR)

TerreStar Corporation’s recent launch of TerreStar-1, world’s largest communication satellite is progressing nicely through the critical stages, well on its way to reaching a geostationary orbit.

TerreStar 1 will be maneuvered into a circular geostationary orbit eventually parking itself above the equator at 111 degrees West longitude to cover the United States, Canada, Puerto Rico and the U.S. Virgin Islands.

A geosynchronous satellite is a satellite whose orbital track on the Earth repeats regularly over points on the Earth over time. If such a satellite’s orbit lies over the equator and the orbit is circular, it is called a geostationary satellite. The orbits of the satellites are known as the geosynchronous orbit and geostationary orbit. Another type of geosynchronous orbit is the Tundra elliptical orbit.

TerreStar-1 will soon offer and deploy a geosynchronous network offered to AT&T users with a base for roughly 300 million, a communication network based on communication with or through geosynchronous satellites.

Reflectors on the satellite are expected to open up as of Saturday, July 11, 2009.

The TerreStar-1 satellite can be viewed in real-time at http://www.n2yo.com/?s=35496

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Disclosure: Short-Term Position

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About Michael Vlaicu (http://www.stockshaven.com)
A young and savvy, yet experienced and accomplished investments mogul since ‘01; Michael has amassed a fortune as a private self investor. Recently starting his own successful blog and turning it in to a self-proprietorship — StocksHaven Investments, a company offering advice to thousands of people worldwide and attracting contracts from various reputable sources. The financial news portal can be found at www.StocksHaven.com. Michael has reached Expert Stock Analyst status from a variety of accredited publications.

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