San Diego, CA 7/1/2009 10:13:39 PM
Lots of Hope is Riding on TerreStar's (TSTR) Satellite
TerreStar Corporation (TSTR) shares, like the company's satellite, is headed up today.
TerreStar Corporation (TSTR) is scheduled to launch its TerreStar-1 satellite today; the company's stock is following that lead with something of a launch of their own. However, even if the satellite is successfully put into orbit, is there really a competition-free market to enjoy? A brief overview of TerreStar's technology and target market, along with the key challenges, has been posted at the Small Cap Network site.
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TerreStar Corporation (TSTR) develops and integrtares satellite wireless communications networks in North America. Through its subsidiary - TerreStar Networks Inc. - the firm plans on to building and operating an Internet protocol-based satellite and terrestrial communications network that will offer mobile communication services in North America. As the article points out, however, the marketability of such a service may present challenges even if the satellite link-up works just as expected. TerreStar may also qualify for Federal Government funding, though the window to collect those funds is closing fast, and comes with stipulations that may or may not be satisfied.
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Source: Small Cap Network
http://community.smallcapnetwork.com/Todays-Penny-Stock-Hot-Spots-VICL-TSTR-SPEX-IGNT/s/article/view/p/mid/2/id/40/
