Capitol Broadcasting Company founded Microspace Communications in 1988 to deliver critical data, video and audio content to business clients.
The Microspace technology was developed in the mid-80s to solve a competitive problem for Seeburg Music, another CBC company. Seeburg provided background music for businesses, but was struggling against three much larger national competitors.
Seeburg set out to bypass those competitors by developing a way to deliver the music directly to each business via satellite. Seeburg and its partners developed technology that utilized a small receiving dish and cost less than $500 and–in the process–created a disruptive technology that upended the entire business music industry.
Seeburg was sold to make way for a new CBC company that would capitalize on the revolutionary satellite technology. As a result, Microspace Communications was formed in 1988 and almost immediately—all three of Seeburg’s former national competitors became Microspace customers. Soon, companies delivering stock quotes, weather data and paging messages came on board and were beaming their signals throughout the United States.
The growth didn’t stop at American borders. Microspace began to grow internationally, introducing service to Europe, the Caribbean and Latin America.
The company is a leading provider of point-to-multipoint satellite services and operates one of the largest business satellite networks in the world, with over a quarter of a million receive sites positioned around the globe.
Microspace offers dozens of unique applications and the list of services and markets served continues to grow. The company’s trademark VELOCITY service supports customers such as Morgan Stanley, Abercrombie and Fitch and The Christian Radio Consortium with services ranging from business TV, distance learning, digital signage, digital cinema and web hosting, among many others.