Aside from pushing out around one phone per year (at best), Iridium Satellite really hasn't had a major impact on the market over the past ten years. 'Course, that's probably because it's hard to have much impact after seeking bankruptcy protection in 1999, but we digress. Starting tomorrow, new life will be breathed into Iridium thanks to a merger with publicly traded GHL Acquisition. If all goes to plan, the merger will add over $200 million to the company's bank account, enabling it to pay down debt and develop a next-generation network of satellites to be launched in 2014. Furthermore, $160 million will be raised by issuing another 16 million shares at $10 a pop, and a new label (Iridium Communications) will be thrown on for good measure. Only time will tell if the world really is ready to adopt satellite phones en masse, but if TerraStar's latest deal is any indication, we'd say chances are good halfway decent.

Remember that giant satellite TerreStar launched a few weeks ago, TerreStar-1? It's now up and running, which means we're that much closer to tiny smartphones that blur the boundary between "satellite phone" and "sexy" -- something that we can't really say has ever even come close to happening before. In addition to completing its first call on the all-IP network provided by TerreStar-1, the company has notified the FCC and Industry Canada that it's now in compliance with the final milestones required for certification, so there's a fighting chance these guys could meet their goal of launching commercially this year. James Bond, your cellphone awaits.

If you want data service on your phone positively, absolutely anywhere you happen to be in the US or Canada, this one's for you: TerreStar just successfully launched its aptly-named TerreStar-1 satellite, which just happens to be the largest commercial satellite ever deployed. This dovetails perfectly with news that the upstart satphone provider is partnering with AT&T to offer service later this year, presumably with a variant of that sweet little Elektrobit WinMo piece we had a chance to check out a few months back. Cost could be a concern, but it should be cheaper than the problem-plagued Iridium back when it launched -- and hybrid HSPA capability is a major win, too.

[Thanks to everyone who sent this in]

We've known that TerreStar Networks and AT&T Mobility were in bed together for quite some time, but evidently the honeymoon phase is finally reaching its logical end. Reportedly, the carrier is gearing up to go live with an extension of service that'll involve satellites and a pinch of luck, giving select customers the ability to roam between its GSM network and TerreStar's satellite network. If all goes to plan (we're not holding our breath, for the record), AT&T will begin to resell satellite service and phones soon after the bird is launched some 22,000 miles above North America on July 1st. Once perched, it'll provide coverage across Canada and the US, including the US Virgin Islands and Puerto Rico. There's no definitive word on pricing, but we're hearing that sat phone service will run around $1 per minute while hybrid handsets will go for around $700 (unsubsidized). Pricey, sure, but how else do you plan to phone home on your next visit to the Pitcairn Islands?

It's just as tough to believe that Iridium is still around and kicking today as it was last February, but regardless of our assumptions, it's not stopping the aforesaid company from doling out an all new satellite phone that's somewhat smaller than most of its competitors. Aside from enabling argonauts to make and receive calls from some of the most remote locales in world (Attu, Alaska, anyone?), the 9555 includes a retractable antenna, illuminated, weather-resistant keypad, SMS support, programmable international codes for automatic dialing, a speakerphone, mini-USB port, up to 4-hours of talk time (30-hours in standby) and a currently undisclosed price tag. Look for this one from Iridium service partners beginning next month, and if you so choose, you can have a look at these very intense professionals enjoying one below.

[Via MobileTechNews]

SkyTerra's Mobile Satellite Ventures, ICO Global Communications and Qualcomm have jointly announced today a partnership that could have far-reaching implications in the mobile realm. In short, the trio has agreed to "integrate satellite and cellular communication technology in select multi-mode mobile baseband chips," which will essentially enable handsets to have "ubiquitous mobile communications coverage from anywhere in North America, including areas where traditional cellular service is currently unavailable or unreliable." The release proclaims that this hookup will lead to satellite connectivity being in mass-market devices, but only time will tell how long it takes for compatible handsets to get adopted by carriers. Unfortunately, we do know it won't happen prior to 2010, as that's the planned ship date for the newfangled chips. Thanks for the heads-up, guys -- but oh, how the tease hurts us.

[Via PhoneScoop]

Update: Images provided are of Mobile Satellite Ventures' design concepts.

On a typical day, anything shown off at CTIA with a "coming in 2010" sticker would cause some serious unrest, but given that we've already found that LTE is eons (or so it feels) away, we're just taking things in stride. The MSV prototype shown above will purportedly become a proud member of the L-Series, and its satellite / cellular hybrid system will enable it to play nice on traditional cell bands as well as snag sat coverage anywhere in North America. Apparently the firm is planning on shooting up a pair of birds in 2009 as well as landing a deal with an undisclosed US carrier, and the 0.6-inch thick unit itself should feature a 480 x 320 multi-touch screen, WiFi and an integrated camera. No word on a price just yet, but feel free to check back in a few years.

Generally, when Engadget editors hit the road, we make do with our ordinary GSM handsets for voice calls, but that strategy doesn't always work when we're reporting from, say, the rural fringes of Kazakhstan. Today, satellite phone manufacturer Globalstar just announced the GSP-1700, the company's smallest satphone to date, weighing just 7.1 oz (203 g) and 43 percent smaller by volume. In addition, this Qualcomm handset packs an EV-DO modem, so you can get high-speed data access from "virtually anywhere you can see sky," according to the company's website. The GSP-1700 also stays loaded for four hours of talk time and 36 hours of standby time on a single charge. We're not sure on the price of this handset, but given that its predecessor, the GSP-1600 goes for $750 (without a service plan), it's a safe bet that this one will go for at least that much when it's released "in the coming months."