ICO F2 to be retired from service, buyer of other sat's in storage

From: Kevin Fetter (kfetter@yahoo.com)
Date: Thu May 03 2012 - 15:06:03 UTC

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    It says
    With no new buyer for the satellite on the horizon, Pendrell said it will retire ICO-F2 by June.
    Also meantioned
    Boeing had completed construction of most or part of 10 satellites intended to complete the ICO constellation. Work on these spacecraft had stopped when ICO and Boeing parted company and sued each other for alleged contract violations. 
    The 10 partly completed satellites have remained in storage at a 2,160-square-meter warehouse in El Segundo leased by Pendrell. In a March filing with the U.S. Securities and Exchange Commission (SEC), Pendrell said it has found a buyer for the satellites. The unnamed company is expected to close the deal by May 4. Pendrell said it is receiving no significant payment in the transaction. 
    So eventally those sat's will get into orbit.
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