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Matt Desch: Startups’ Microsatellites Plans Present Innovation Possibilities, Challenges for Industry

Matt Desch
Matt Desch

TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — Iridium Communications (Nasdaq: IRDM) CEO Matt Desch said recent startups’ plans to build constellations of microsatellites to expand global Internet connectivity present both “interesting innovation” possibilities as well as challenges to the satellite community, ExecutiveBiz reported Friday.

He noted that the model harkens to what Iridium had set out to accomplish, and entails global capability and scale, coupled with high risk and cost.

“When we introduced our plans for building 81 satellites seven years ago, I’m sure many thought we were crazy for being so ambitious. These new networks validate our approach, ” Desch said in a Via Satellite interview published March 23.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
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david.smith@executivemosaic.com

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