After doing some minor digging... it's nothing. The photograph is of a thermal blanket that had been lost during a spacewalk, and the stories of this satellite are a string of completely unrelated events. The bit about its orbit comes from an attempt on the Navy's part to track a fragment of the Discover VIII's casing, which was expected to have a very similar orbit. The earliest "signals" from it have turned out to be radar blasts from pulsars, while newer ones turned out to be our own jumbled radio transmissions reflected off the upper atmosphere.In short, everything about the supposed Black Knight Satellite can all be explained without resorting to a mysterious alien presence. Skepticism, people. When you see an outrageous claim such as this, evaluate the evidence.
Plot twist: Russ is actually a member of the illuminati and is trying to keep us in the dark.