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Stock impact report

Erwin Hudson Joins Telesat to Lead Global Low Earth Orbit (LEO) Satellite Program

Loral Space and Communications, Inc. (LORL) 
US:NASDAQ Investor Relations: loral.com/investors/overview/default.aspx
Company Research Source: GlobeNewswire
OTTAWA, April 27, 2017 (GLOBE NEWSWIRE) -- Telesat announced today that Erwin Hudson, one of the industry’s most accomplished executives in the field of satellite-enabled broadband networks, has joined the company as Vice President, Telesat LEO, reporting to President and CEO, Dan Goldberg. Mr. Hudson will be based at Telesat’s headquarters in Ottawa and direct the development and implementation of Telesat’s planned advanced, high throughput, low latency, global LEO constellation. As previously announced, Telesat has obtained priority ITU rights on a global basis to LEO Ka-band spectrum and has developed an innovative (patent pending) constellation design and system architecture. In addition, Telesat has procured two prototype LEO satellites that are scheduled for launch later this year as part of the test and validation phase of its LEO initiative. Mr. Hudson has had a long and distinguished career in the satellite industry. A highly experienced communications engineer, he was Ch Show less Read more
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