Brent Wouters To Take Reins Of LightSquared | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.26.15

Airborne 01.26.15

Tuesday

Airborne 01.27.15

Airborne 01.27.15

Wednesday

Airborne 01.28.15

Airborne 01.28.15

Thursday

Airborne 01.29.15

Airborne 01.29.15

Friday

Airborne 01.30.15

Airborne 01.30.15

Sun, Apr 01, 2012

Brent Wouters To Take Reins Of LightSquared

Former Cirrus CEO Reportedly In Talks With China To Back The Company

ANN April 1st Special Edition

ANN learned April 1st that Brent Wouters has been named as the new president and CEO of LightSquared, even as that company already seems headed for the history books. Wouters is reportedly in discussions with the Chinese government to acquire a major stake in the company. David Riggs has been mentioned as coming on board as COO.

A LightSquared insider said that the Chinese began to take a serious interest in the company when it learned about the ability of the 4G LTE system to jam GPS signals. "They'd love to be able to interfere with every GPS currently in use in the U.S. and elsewhere," said the source, who was not authorized to speak to the media. "What better way than to get involved with a company that claims to want to help the U.S. consumer by offering affordable access to the Internet."

The LightSquared insider said Wouters just seemed like the perfect fit for the position. "He already knows how to clandestinely deal with the Chinese ... and spin this to the American public like it's a good thing. China manufactures so many of the consumer goods that connect to the Internet that they knew they'd be seen more as saviors than villains."

Wouters was unavailable for comment.

FMI: www.lightsquaredchina.com

Advertisement

More News

Citizen Scientists Lead Astronomers To Mystery Objects In Space

'Yellow Balls' Discovered By Volunteers Studying Spitzer Images Sometimes it takes a village to find new and unusual objects in space. Volunteers scanning tens of thousands of star>[...]

Aero-News: Quote Of The Day (02.01.15)

"While this star formed a long time ago, in fact before most of the stars in the Milky Way, we have no indication that any of these planets have now or ever had life on them. At th>[...]

ANN's Daily Aero-Term (02.01.15): Final Approach Fix

Final Approach Fix The fix from which the final approach (IFR) to an airport is executed and which identifies the beginning of the final approach segment. It is designated on Gover>[...]

Air Ambulance Market Size, Vendor Landscape Analyzed In New Report

New Global Air Ambulance Research Report Shows Projected Growth Of Nearly Ten Percent The Global Air Ambulance market is expected to grow at a CAGR (Compound Annual Growth Rate) of>[...]

US Navy Approves F/A-18 IRST System For Production

Long-Range Sensor System Demonstrated Production Readiness On Super Hornet The F/A-18 Super Hornet infrared search and track (IRST) system, developed and integrated by Boeing and L>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC