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1worldspace, known for most of its existence simply as WorldSpace, is a defunct satellite radio network that in its heyday provided service to over 170,000 subscribers in eastern, southern and northern Africa, the Middle East, and much of Asia with 96% coming from India. It was profitable in India, with 450,000 subscribers.
The critical loss is defined as the maximum sales loss that could be sustained as a result of the price increase without making the price increase unprofitable. Where the likely loss of sales to the hypothetical monopolist (cartel) is less than the Critical Loss, then a 5% price increase would be profitable and the market is defined. [6]
WorldSpace was founded by Ethiopia-born lawyer Noah Samara in Washington, D.C., in 1990, [8] with the goal of making satellite radio programming available to the developing world. [9] On June 22, 1991, the FCC gave WorldSpace permission to launch a satellite to provide digital programming to Africa and the Middle East . [ 2 ]
Space launch market competition is the manifestation of market forces in the launch service provider business. [1] In particular it is the trend of competitive dynamics among payload transport capabilities at diverse prices having a greater influence on launch purchasing than the traditional political considerations of country of manufacture or the national entity using, regulating or ...
The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...
Spaceflight Industries, Inc. is an American private aerospace company based out of Herndon, Virginia, that specializes in geospatial intelligence services. [1] It sold its satellite rideshare business, Spaceflight, Inc. , in June 2020.
2020: Completed its acquisition of Vricon, Inc for $140 million. Vricon is a global leader in satellite-derived 3D data for defense and intelligence markets [ 37 ] 2022: Maxar to be taken private through an acquisition led by Advent International , in a cash deal worth $6.4 billion.
The first commercial use of satellites may have been the Telstar 1 satellite, launched in 1962, which was the first privately sponsored space launch, funded by AT&T and Bell Telephone Laboratories.