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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 M/bHh8Tt+uYpJkjfQRGfRPO1y3khuZCHxbDJnTIA6P3SzV/dhxrcTe45w06Blhu8
 8fZx2U5BscGdfD2UMd/hHw==

<SEC-DOCUMENT>0001209191-05-058911.txt : 20051121
<SEC-HEADER>0001209191-05-058911.hdr.sgml : 20051121
<ACCEPTANCE-DATETIME>20051121205434
ACCESSION NUMBER:		0001209191-05-058911
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051121
FILED AS OF DATE:		20051121
DATE AS OF CHANGE:		20051121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TARGOFF MICHAEL B
		CENTRAL INDEX KEY:			0001223765

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14180
		FILM NUMBER:		051219591

	MAIL ADDRESS:	
		STREET 1:		10307 PACIFIC CENTER COURT
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92121

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LORAL SPACE & COMMUNICATIONS INC.
		CENTRAL INDEX KEY:			0001006269
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				870748324
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		600 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		2126971105

	MAIL ADDRESS:	
		STREET 1:		600 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LORAL SPACE & COMMUNICATIONS LTD
		DATE OF NAME CHANGE:	19960124
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>bny13663_bnymtb.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-11-21</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001006269</issuerCik>
        <issuerName>LORAL SPACE &amp; COMMUNICATIONS INC.</issuerName>
        <issuerTradingSymbol>LORL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001223765</rptOwnerCik>
            <rptOwnerName>TARGOFF MICHAEL B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>40 WEST 57TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>352770</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Securities are expected to be issued pursuant to the Fourth Amended Joint Plan of Reorganization under Chapter 11 of the United States Bankruptcy Code of Loral Space &amp; Communications Ltd. and its debtor subsidiaries, which became effective on October 18, 2005, in respect of claims filed against the debtors.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael B. Targoff</signatureName>
        <signatureDate>2005-11-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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