In December, 2010 they launched Buy This Satellite, a fundraising effort to purchase the TerreStar-1 communications satellite, after its owner, TerreStar Corporation, filed for bankruptcy.
On July 1, 2009, from French Guiana in South America, TerreStar launched its geosynchronous satellite, TerreStar-1.
Following TerreStar's file for Chapter 11 bankruptcy a movement had been formed by the NGO A Human Right to purchase TerreStar-1 and to use it to provide free basic Internet access to developing countries.
TerreStar Networks, a majority owned subsidiary of TerreStar Corporation (TSTR), is a next generation, wholesale mobile communications provider launching the first integrated satellite terrestrial service with the world’s first satellite-terrestrial smartphone.