LORL NASDAQ

Loral Space & Communications Inc. operates as a satellite communications enterprise, delivering satellite-powered communication solutions to a diverse global clientele across the broadcast, telecommunications, corporate, and governmental sectors. As of December 31, 2019, the company utilized a constellation of 16 operational geostationary satellites to provide its services, in addition to owning the Canadian Ka-band payload integrated into the ViaSat-1 satellite. Loral's extensive service portfolio includes direct-to-home (DTH) and general video distribution, along with comprehensive broadcast services for video contribution and satellite transmission supporting live events, news, and sports coverage. The company also provides end-to-end communication links, leveraging both satellite and hybrid satellite-ground infrastructures. Furthermore, the firm supports telecommunication carriers and integrators, offers maritime and aeronautical communication services, and supplies specialized satellite services to the Canadian government. Its offerings extend to two-way broadband internet, communication solutions for the onshore and offshore oil and gas industries, as well as the mining sector, and general satellite operator services. Beyond direct communication, Loral is engaged in the installation and maintenance of end-user terminals, management of VSAT hubs, and the provision of crucial satellite capacity. The company also offers expert consulting in areas such as space and earth sciences, government studies, satellite control services, and research and development initiatives. Notably, Loral provides X-band communication services specifically to government users in the United States, Spain, and allied nations. Established in 1996, Loral Space & Communications Inc. maintains its corporate headquarters in New York, New York.