Author: Staff Writer

National Scientific [OTC: NSCT] has received a $250,000 blanket purchase order from Verify Systems for mobile wireless developmental platforms for use in Verify’s iVERIFIED school bus rider authentication system. National...

Sahara Sanchar Nigam, parent company of Sahara TV, has purchased Tektronix [NYSE: TEK] video test and measurement instruments for its eight new TV channels and new uplink earth station, located...

Antenna Technology Communications, a provider of commercial satellite communications systems, won a $2.8 million contract from the Mexican Ministry of Education to install the largest distance learning network in Latin...

Stratos, a provider of remote communications solutions and services, agreed to provide Shell UK Exploration and Production with a satellite communications network for its Goldeneye Platform, due to be deployed...

A U.S. Air Force Defense Satellite Communications System (DSCS) spacecraft built by Lockheed Martin [NYSE: LMT] was launched successfully Monday from Cape Canaveral Air Force Station, Fla., aboard a Boeing-built...

The European Aeronautic Defence and Space Co. [Amsterdam: EAD] is eliminating 1,700 jobs at its Space Division. The division reported a loss of 268 million euros ($296 million) in 2002...

Gilat Satellite Networks [Nasdaq:GILTF] on Monday announced the resignations of its co-founders, Chairman and CEO Yoel Gat and President Amiram Levinberg. The resignations will take effect at the April meeting...

Insuring satellites and launchers is becoming increasingly difficult as underwriters charge ever-higher prices and insist upon broad exclusions for certain risks. Satellite operators and insurance brokers are looking for ways...

Hughes Electronics [GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication (HSC), have agreed to jointly pay a $32 million penalty to the U.S. Department of State to resolve...

By Michelle Dickey The U.S. government’s National Institute of Standards and Technology (NIST) recently released a study indicating that software errors cost the U.S. economy $59.5 billion yearly. These findings...