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Loral Space & Communications Inc. is a satellite communications company. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin.
Loral has an investment in Telesat Canada in partnership with the Public Pension Investment Board of Canada. The company also participates in a number of international and domestic joint ventures, including an ownership stake in XTAR.
In Nov. 2012, Loral Space & Communications Inc. sold its manufaturing subsidiary SS/L to MDA.
see: "Loral closes sale of Space Systems/Loral to MDA" (Press release - 2 November 2012)
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