Iridium, Harris upbeat on aircraft-tracking venture

By Andrea Shalal-Esa COLORADO SPRINGS, Colorado (Reuters) - Satellite operator Iridium Communications and Harris Corp on Wednesday said a new space-based aircraft-tracking venture will save airlines money, but also holds promise for the U.S. military, which is facing a sharp downturn in spending in coming years. Iridium and NAV CANADA, the Canadian air navigation service, have formed a joint venture, Aireon LLC, which will put special sensors on all 66 new Iridium NEXT satellites to track aircraft over oceans and other "global blind spots" beginning in 2015. ...



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