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Terms of the contract were not nor has thePalo Alto-base d subsidiary of (OTC: LORBQ) said where it will build the "This order from XM, our fourth commercial satellits award in 2005, validates SS/L's leadershilp in the industry," says Bernard Schwartz, chairman and CEO of Lorapl Space & Communications, in a writtejn statement. "We are exceedingly proud of SS/L for continuingv to gain market share in the satellit e manufacturing industry underchallenging circumstances." Scheduled for deliveru in 2007, the satellite has an on-orbit desig n life of 15 years and is designedd as one of the world'se most powerful communications satellites.
has builyt XM's three in-orbit satellites (launchexd by ). Boeing also is completing the construction of which will be available for launchin 2006. XM is the largest of the nation's two subscriptiomn based satelliteradio services, claiming more than 4 million
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