Last week it was reported that government tests indicated LightSquared, Phil Falcone’s big bet in the sky, would cause “devastating interference” to all GPS devices in range. Today, the National Space-Based Positioning, Navigation and Timing Systems Engineering Forum said the venture would “degrade global-positioning system navigation devices that are nearby and as far away as outer space.” LightSquared, shares of which Harbinger Capital investors will receive should they have requested their cash back from the fund, however, is not worried.

“We are still digesting all of the data that came in over the last few weeks and months and we believe there is a solution,” Chris Stern, a LightSquared spokesman, said in an
interview.

Oh, there better be a solution. Otherwise a certain highly sought after singing and dancing pig is going to have to start considering his options.

LightSquared’s GPS Disruption Extends to Space, U.S. Study Finds [Bloomberg]

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Comments (21)

  1. Posted by Guest | June 16, 2011 at 5:37 PM

    What’s Phil cooking up next, pigs with friggin’ laser beams attached to their heads?

  2. Posted by Tin Foil Hat Man | June 16, 2011 at 5:41 PM

    What if this ends up being the event bringing about the War of the Worlds? Or the Rise of the Machines? Or Wesley Snipes from the cryo-freeze state? Think about it, it could be huge!

  3. Posted by Texashedge | June 16, 2011 at 5:41 PM

    Phil–give me call. We pay cash.

    /A. Bortnikov

  4. Posted by Guest | June 16, 2011 at 5:42 PM

    Shares of LightSquared  > Shares of UBS

  5. Posted by Barteby the Scrivener | June 16, 2011 at 5:43 PM

    Looks like another class action client to me.

  6. Posted by Guest | June 16, 2011 at 5:44 PM

    Well yea there’s some interference with GPS but look at the bright side: No dropped calls!

  7. Posted by Guest | June 16, 2011 at 5:49 PM

    This is totally unacceptable.

    - Marvin the Martian

  8. Posted by Anonymous | June 16, 2011 at 5:59 PM

    No dropped calls until the telcom satellite crashes b/c the positioning system gets screwed.

  9. Posted by Guest | June 16, 2011 at 6:09 PM

    Let this be a lesson: just because your pig can play Beethoven’s “Moonlight Sonata” does not mean he is qualified to handle complex electrical engineering.

  10. Posted by Wilbur_penn_engineering_89 | June 16, 2011 at 6:15 PM

    or maybe HE IS THE SOLUTION.

  11. Posted by Moon Buggy | June 16, 2011 at 6:17 PM

    Will it result in an Earth-shattering “KABOOOM!!!!”???

  12. Posted by Guest | June 16, 2011 at 6:25 PM

    Fortunately, most Americans don’t need a GPS system to find the back of the unemployment line…

  13. Posted by Wilbs | June 16, 2011 at 6:30 PM

    Unfortunately your comments fucking suck.

  14. Posted by Guest | June 16, 2011 at 6:40 PM

    Haters. If we installed his system in Libya we would have had their planes dropping out of the sky rather needing 3 countries to bonb their airfields continously for a week.

    Word-up Phil. Love the sky debris fallback plan.

  15. Posted by Anonymous | June 16, 2011 at 6:53 PM

    That would assume the Libyan Air Force had planes modern enough to be equipped w GPS.

  16. Posted by Lightsquared spokesmodel | June 16, 2011 at 7:02 PM

    Lightsquared spokesman Stern continued, ” The headlines are somewhat misleading.  Saying the problem extends to outer space exaggerates its magnitude.  After all, outer space begins 100 kilometers above our heads and yet most people use their GPS devices within two meters of the ground.  So, in a way, we have already solved 99.998% of the problem by merely discussing it here.”

  17. Posted by guest | June 16, 2011 at 7:16 PM

    or just planes

  18. Posted by Dk | June 16, 2011 at 7:28 PM

    The plane has crashed into the fucking mountain… because of Lightsquared…

    Any RF Engineer could have told you this wasn’t gong to work.

  19. Posted by Guest | June 16, 2011 at 8:21 PM

    Hey! Forgetting someone?

     - Gartman

  20. Posted by ExtraOrdinaryPopularDelusions | June 17, 2011 at 12:23 AM

    Not sure why I’m being serious here, but, satellites don’t use GPS. They’re referring to interference on the ground, similar to a pirate radio.

  21. Posted by ExtraOrdinaryPopularDelusions | June 17, 2011 at 12:31 AM

    GPS is controlled by the DoD. 

    Three things would happen:
    - GPS reception would be jammed (and, it is)
    - Libya would have to use civilian GPS if they could even get a signal
    - Civilian accuracy is great for driving a car where you have 20 seconds to turn, but worthless for positioning a bomb moving at near terminal velocity from 20,000 ft down to an accuracy of tighter than half a galaxy. Regular physics is better.

    -guy whose not sure why he’s being so serious and should probably jump off a bridge for that post, but, has had a few drinks, and designs weapons for a living, so, who really gives a fuck anyway

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