COMSAT

COMSAT Corporation (Communications Satellite Corporation) was a Bethesda, Maryland-based company that played a foundational role in creating the global commercial satellite communications industry. Founded in 1962 by Act of Congress under the Communications Satellite Act of 1962 — a unique public-private hybrid company with both public shareholders and mandated public interest obligations — COMSAT served as the United States' designated representative and shareholder in Intelsat (International Telecommunications Satellite Consortium, later Organization), the international satellite cooperative