Post by
Blaser2 on Dec 07, 2017 8:54am
Irridium Satellites 41 - 50 with XCT payloads for Q1/18
Tranche 31-40 is scheduled for launch on Dec 22, 17. Q4 should be good as a major revenue payment was delayed from Q3. Currently, XCT has enough cash on hand for another year of operations. Even Morningstar rates the SP value at $1.20.
The next tranche of satellites for the Irridium network has just been slotted for the first quarter of 2018. The is the tipping point for the XCT system as it will provide the complete RT (realtime) coverage that major customers, esp Govts, want. Then, watch a launch of a different kind. LOL.
Comment by
barneyj44 on Dec 07, 2017 3:30pm
Thanks Blaser2, appreciate the updates, Xct could use you in the IR department (if they even have one).
Comment by
Blaser2 on Dec 19, 2017 9:38am
Time for launch is now set for 5:27 PM PST (8:27 EST). Watch it on your tablet or phone live on various channels. It is always a bit of a rush. Tell your friends at the bar that you're watching Santa's lift-off