Month: April 2004

SpaceDev [SPDV] inked a five-year, $43-million, cost-plus-fixed fee indefinite delivery/indefinite quantity contract by the Missile Defense Agency. Under the terms of the contract, SpaceDev will conduct a micro-satellite distributed-sensing experiment,...

iSECUREtrac Corp. [ISRE] management named Thomas Wharton the company’s president and CEO following the retirement of James Stark, who was the company’s president.

Washington, D.C.-based XM Satellite Radio [XMSR] topped Wall Street forecasts by boosting its subscriber total to more than 1.68 million at the end of the first quarter. XM netted more...

by Owen D. Kurtin In the resurgent economy, the satellite sector has a chance to take off as never before, as investment capital that has stayed on the sidelines for...

People ALCATEL: Appoints Vice President Nicolas de Ledinghen was named vice president of the Navigation and Aeronautical Communications Business Unit of Alcatel Space. He is in charge of all activities...

DirecTV [DTV] and SatMex Maximo jointly announced that Canal 22, a Mexico-based network for news, movies and documentaries, would be added to the DirecTV Para Todos platform this month. Para...

Sirius Satellite Radio [SIRI] said the company raised $50 million from the sale of 2.5-percent convertible notes to Morgan Stanley & Co. Each $1,000 note will be convertible, at the...

XM Satellite Radio [XMSR] officials today said that the company is launching a 24-hour channel dedicated to Boston traffic and weather. The station (Channel 210) will provide a continuous stream...

BT Broadcast Services (BTBS) was selected by ITV to modernise its broadcast network. BTBS has signed a six-year contract to create a new multimedia network for ITV, exploiting advances in...

The European Satellite Operators’ Association (ESOA) General Assembly elected New Skies Satellites CEO Dan Goldberg as its chairman for a one-year term. He succeeds Eutelsat CEO Giuliano Berretta. Telespazio CEO...