Month: March 2003

SES Global Boosts Revenues, Incurs Profit Dip

SES Global [Luxembourg: SESG], the world’s largest satellite operator, increased its revenues by 1.38 billion euros ($1.47 billion), or 38 percent, from 2001 to 2002. The company’s profit, however, dipped...

DirecTV LA Targets Programmers

Programmers that were unable to re-negotiate contract terms with money-losing DirecTV Latin America may have lost leverage last week after the company filed for Chapter 11 bankruptcy protection. The question...

EchoStar Gambles On Insurance

The soaring cost of space insurance has convinced EchoStar Communications [SPOT] that buying coverage for its eight in-orbit satellites is not worth the price. According to documents filed with the...

Satellite Radio Tunes Up With OEM Sales

By Jimmy Schaeffler The spotlight for satellite radio now is shining on original equipment manufacturers (OEMs). The reasoning is that satellite radio’s prime success will come from units that are...

Intelsat Defends DoD Procurement Process

Responding to complaints of favoritism in the Department of Defense’s (DoD) commercial satellite service procurement process, Intelsat told the General Accounting Office that a contract it received to provide satellite...

Gilat Deploys Nicaraguan Network

Gilat Satellite Networks [GILTF] has deployed a fixed rural satellite telephony network for Empresa Nicaraguense de Telecomunicaciones (Enitel) to serve 170 communities throughout Nicaragua. The new network, based on Gilat’s...

NASA Buys Integral System

The National Aeronautics and Space Administration has purchased Integral’s [ISYS] SKYLIGHT ground terminal system for receiving and processing satellite Earth science data. The system includes a receiver and data processing,...

Sirius CFO Resigns To Take Another Post

John Scelfo, Sirius Satellite Radio‘s [Nasdaq: SIRI] chief financial officer, is leaving the company April 6 to join a company outside the satellite industry. Scelfo played a key role in...

SpaceX Fires Rocket Engine

El Segundo, Calif.-based Space Exploration Technologies (SpaceX), founded by Internet entrepreneur Elon Musk, has successfully test fired the company’s Falcon rocket main engine. “Satellites and spacecraft urgently need a more...