Examlex
Which of the following involves granting a foreign entity the right to produce and sell the firm's product in return for a royalty fee on every unit sold?
LEO
Stands for Low Earth Orbit, a satellite's orbit relatively close to Earth's surface, typically at altitudes less than 2,000 kilometers, used for telecommunications, military, and observation purposes.
MEO
Medium Earth Orbit, referring to satellites that orbit the earth at altitudes in a range typically between 2,000 and 35,786 kilometers, used for communications, navigation, and earth observation.
VEO
An acronym that requires specification for an accurate definition as it could stand for various concepts depending on the context.
Orbital Life
The concept of living and working in space in orbit around Earth or another celestial body.
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