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SPOTLIGHT :: FREE

Gilat CEO Taken Aback by Merger Issue

[Satellite News 09-04-08] The termination of the merger agreement between Gilat Satellite Networks and a private equity consortium could “get somewhat ugly,” CEO Amiram Levinberg said. Gilat announced Aug. 29 that it was terminating the agreement and will seek a termination fee of more than $47 million, which equates to 10 percent of the value... read more

TRENDS AND ANALYSIS

August 2008 Satellite Stock Performance Roundup

[Satellite News 09-02-08] A majority of satellite companies enjoyed a mid-August boost following the release of its second quarter financial reports. However, trends also show that many of those companies did not ride the wave provided by the boost... read more 

ND SatCom Business Transformation Almost Complete

[Satellite News 09-03-08] ND SatCom likely will generate the majority of its revenues from the military/defence sector going forward, Karl Classen, ND SatCom’s CEO, said.     “Due to the business we gained from the German armed... read more 

Emergency Response Satellite Systems Were Ready for Gustav

[Satellite News 09-02-08] Increased preparation in the aftermath of Hurricane Katrina in 2005 paid off in the buildup to Hurricane Gustav, as satellite-based communications for emergency and first responder were ready in the case of another major loss of... read more 

Pace Sets Out Figures Behind Environmental Initiative

[Satellite News 08-29-08] Pace is the latest company in the satellite industry to announce it is going green. According to the company, its new environmentally friendly product line could lead to significant cost and energy savings in both the U.S. and... read more 

iBiquity Will File With FCC Over Satellite, HD Radio Inquiry

[Satellite News 08-28-08] iBiquity Digital Corp., a developer and licenser of HD radio technology, told Satellite News that it will file with the U.S. Federal Communications Commission (FCC) in response to an FCC notice of inquiry (NOI) considering whether or... read more 

OverHorizon President Outlines Capital Expenditure Plans

[Satellite News 08-26-08] OverHorizon, a new satellite services operator addressing the global mobile satellite communication market, hopes to launch services in the next two years.     In July, the government of Cyprus granted OverHorizon... read more 

Stratos CEO Sees Potential in JSAT Joint Venture   

[Satellite News 08-26-08] Stratos Global executives returned from a trip to Japan with a new joint venture, JSAT Mobile Communications, in hand. The entity, developed partnership with JSAT,  is set to bring  Stratos’ localized broadband... read more 

TODAY'S HEADLINES
ORBITING WALL STREET

Orbiting Wall Street
MDA Denies Reports Of Divesting Space Assets MacDonald, Dettwiler and Associates Ltd., has denied press reports that the company is looking to sell its surveillance and space assets. "In response to [June 14] articles in the Wall Street Journal and the... read more 

Orbiting Wall Street
Morgan Stanley Commits $250 Million Term Loan to Sirius Sirius Satellite Radio has obtained a $250 million senior secured term loan commitment from Morgan Stanley Senior Funding Inc., Sirius announced June 5. The facility will mature in five and one-half... read more 

Orbiting Wall Street
Norsat Norsat International Inc. made a final payment on its $1 million short-term debt, the company announced May 31, marking the first time since 1983 that the company had been debt free. "This is a significant milestone in the company's renewal... read more 


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