SkyTerra (SKYT), formerly Mobile Satellite Ventures (MSV or MSVLP), was a Reston, Virginia company that developed telecommunications systems that integrate satellite and terrestrial radio communication technologies into one system.
On April 24, 2000, the company changed its name to Motient Corporation, with its stock traded on the NASDAQ National Market under the symbol "MTNT".
[3] MSV was formed by the integration of the spun-off satellite operations of Motient and TMI Communications and Company, L.P., a wholly owned subsidiary of BCE Inc. of Canada.
SkyTerra (formerly ‘Mobile Satellite Ventures’) [6] was the first company to receive a Federal Communications Commission license to deploy Ancillary Terrestrial Component (ATC) technology.
[8][9] In January 2006, DirecTV sold its remaining 50% share in Hughes Network Solutions to SkyTerra for $100 million.
[12] SkyTerra Communications Inc was acquired by Harbinger Capital Partners on March 29, 2010, for $5.00 per share and became part of LightSquared in July 2010.
The use of Boeing's GeoMobile platform will allow for coverage of the entire United States with a single satellite.
[20] The SkyTerra 1 (formerly MSV 1, COSPAR 2010-061A, SATCAT 37218) satellite, a 5,400 kg Boeing 702, was successfully launched from Baikonur Cosmodrome on November 14, 2010 by an ILS Proton-M booster.