XM Satellite Radio Holdings Inc. cuts its third quarter loss as revenues improved 57 percent, the company announced Nov. 6. XM lost $84 million in the 2006 third quarter, which closed Sept. 30, down from a loss of $132 million in the same period a year ago. Revenues jumped from $153 million in the 2005 […]
Surrey Satellite Technology Ltd. signed a contract with the National Space Research and Development Agency of Nigeria for a small Earth observation satellite, Surrey Satellite announced Nov. 6. Nigeriasat-2 will be based upon a new generation of small satellite technology and will become part of the Disaster Monitoring Constellation (DMC), Surrey Satellite said. Nigeria already […]
The Canadian Radio-television and Telecommunications Commission (CRTC) upheld its earlier ruling that Canadian satellite-TV providers cannot include satellite radio services in their offerings, the CRTC announced Nov. 3. The ruling means that Expressvu and Star Choice cannot offer channels from Sirius Satellite Radio or XM satellite radio as part of their packages. The CRTC rules […]
A Boeing Delta 4 rocket placed a Defense Meteorological Satellite Program (DMSP) satellite into orbit for the U.S. Air Force, Boeing announced Nov. 4. The launch of DMSP-17 from Vandenberg Air Force Base, Calif., was the second West Coast mission for the U.S. Air Force Evolved Expendable Launch Vehicle program.
Northrop Grumman Corp. and Space Exploration Technologies Corp. (SpaceX) filed complaints with the U.S. Federal Trade Commission over pending approval of the United Launch Alliance (ULA). The joint venture, which received preliminary approval in October, would combine the government launch vehicle operations of Boeing Co. and Lockheed Martin Corp. SpaceX, which would be a competitor […]
Orbcomm Inc. priced its initial public offering (IPO) of 9.2 million shares of common stock at $11 per share, the company announced Nov. 2. The offering was scaled back, as Orbcomm had announced in October its plans to offer 11.2 million shares at a range of $12 to $14. The stock will trade on the […]
Soundexchange, the non-profit organization that collects and distributes royalties from digital music services on behalf of artists and record labels, is seeking higher fees from Sirius Satellite Radio and XM Satellite Radio, Soundexchange announced Oct. 30. "The essence of satellite radio is music," John Simson, executive director of Soundexchange, said in a statement. "We are […]
The U.S. Air Force awarded Boeing a $299.9 million contract change to further the Wideband Gapfiller Satellite (WGS) program. This funding exercises an option for production of WGS Space Vehicle 4, work that is to be completed by March 2011.
ViaSat Inc. posted record revenues of $131.5 million in its 2007 second quarter, up from revenues of $104.1 million in the same period a year ago, the company announced Nov. 2. ViaSat’s profits improved from $6 million to $6.5 million over the same period. The government segment had revenues of $70 million in the 2007 […]
Launch preparation is underway in Baikonur, Kazakhstan, for the launch of BADR-4, a Eurostar E2000+ satellite built by Astrium for the Arab Satellite Communications Organization (Arabsat). Liftoff on a Proton Breeze-M vehicle owned by International Launch Services (ILS) is scheduled for Nov. 8 at 20:01 GMT (3:01 p.m. EST). BADR-4, which carries 32 Ku-band transponders, […]