COMSAT
| Industry | Telecommunications |
|---|---|
| Founded | 1963 |
| Headquarters | Bethesda, Maryland, U.S. |
|
Key people
|
Leo D. Welch, Joseph V. Charyk, David M. Kennedy, George Killion, Leonard H. Marks and Bruce Sundlun |
| Products | Communication satellite |
COMSAT (Communications Satellite Corporation) is a global telecommunications company, based in the United States, and with branches in Brazil, Argentina, Colombia, Mexico, Peru, Venezuela and several other countries in the Americas. Although it operates many kinds of data communication technologies, it is best known for its satellite communication services.
The COMSAT Corporation was created by the Communications Satellite Act of 1962 and incorporated as a publicly traded company in 1963. The primary goal of COMSAT was to serve as a public, federally funded corporation intended to develop a commercial and international satellite communication system press. Although the corporation was government regulated, it was equally owned by some major communications corporations and independent investors. COMSAT began operations with its headquarters in Washington, DC, in 1962, with a six-person founding board of directors appointed by President John F. Kennedy, including: Phil Graham who served as Chairman (until his resignation in January 1963); Leo D. Welch, Joseph V. Charyk, David M. Kennedy, George Killion, Leonard H. Marks, and Bruce Sundlun.
In August 1964, COMSAT helped create and was majority owner in the International Telecommunications Satellite Consortium (INTELSAT), an international satellite organization with the goal of global satellite coverage that today has 143 member countries and signatories. COMSAT was responsible for the launching of the Early Bird communications satellite, on April 6, 1965, and has been instrumental in the expansion of communications throughout the world through its various international subsidiaries.
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