OTCPK:EXRTF - Post by User
Post by
investboy8on Mar 19, 2019 3:53pm
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Post# 29507129
Anyone ever hear of Aireon (basically the XCT for airplanes)
Anyone ever hear of Aireon (basically the XCT for airplanes) Anyone ever hear of Aireon? They are in the news recently due to the deadly Ethiopian Air crash. Seems like they are the XCT of the air/airplanes.
https://www.cnbc.com/2019/03/14/iridium-aireon-satellites-gave-faa-key-data-in-737-max-investigation.html
The Federal Aviation Administration, or FAA, grounded Boeing's 737 Max airplanes on Wednesday, after receiving data from air traffic surveillance company Aireon about the deadly crash of Ethiopian Airlines Flight 302.
Aireon's system piggybacks on Iridium's network of 75 satellites. Expected to become fully operational in a few weeks, Aireon can track airplanes anywhere on the planet. But the company's data is already proving to be critical, as Aireon said in a statement to CNBC that "the system was able to capture information associated with Flight 302."