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IRIDIUM Communication Satellite Case Study

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IRIDIUM Communication Satellite Case Study

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Questions and Answers

What is a case study?

A case study is a research method involving an in-depth investigation of a particular phenomenon, event, or individual.

What is IRIDIUM?

IRIDIUM is a satellite-based mobile phone system.

What are the main issues faced by IRIDIUM?

Time to market (correct)

Demonstrating that there was a market for their use (correct)

Technology (correct)

Raising money from investors (correct)

Explain the difficulties IRIDIUM faced with technology.

IRIDIUM faced challenges with the technology behind its satellite constellation, including the complexity of the system, the limited bandwidth of its satellites, and the difficulty of maintaining reliable signal strength. Signup and view all the answers

Why was time to market a problem for IRIDIUM?

IRIDIUM had to overcome significant delays in launching its service due to various challenges, including technological complexities, regulatory approvals, and the need to secure sufficient investment. Signup and view all the answers

What were the struggles with raising money that IRIDIUM faced?

IRIDIUM needed substantial funding to develop and deploy its satellite network, but investors were hesitant due to the high costs and uncertainties surrounding the project's success. Signup and view all the answers

Why might it have been challenging to demonstrate a market for a product like IRIDIUM?

IRIDIUM had to persuade potential consumers that there was a real need for a global satellite communication system before they were willing to purchase it. Signup and view all the answers

Explain the challenges Iridium faced in terms of technology.

Iridium faced technological challenges, which is a common issue for pioneering companies. They were at the forefront of satellite communications, requiring innovative solutions and overcoming technical hurdles in developing their network. Signup and view all the answers

In the context of Iridium, what does 'time to market' refer to?

Time to market refers to the time it took Iridium to develop their satellite network and bring it to the market, making it available for commercial use. Signup and view all the answers

Describe the challenges Iridium faced in raising money from investors.

Iridium's ambitious project required a huge amount of capital for development and deployment. Securing this investment from investors was a challenge due to the high risk associated with the project, its complex technology, and unproven market demand. Signup and view all the answers

What was Iridium's challenge in demonstrating a market for their service?

Iridium needed to convince potential customers and investors that there was a sufficient demand for satellite phone services to warrant the investment and justify the development of the network. Signup and view all the answers

Study Notes

Case Study of IRIDIUM Communication Satellite

Analyze current trends of IRIDIUM communication satellites
Examine challenges faced by IRIDIUM, including:
- Technology challenges
- Time to market issues
- Securing investment capital
- Proving market demand for their services

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Description

Explore the current trends and challenges faced by IRIDIUM communication satellites. This quiz delves into technology hurdles, market entry timings, investment capital issues, and the demand for services provided by IRIDIUM. Test your knowledge on satellite communications and the dynamics of the industry.