Month: April 2004

SkyTerra Communications [SKYT] purchased a majority interest in AfriHUB LLC for $1.5 million. Oakton, Va.-based AfriHUB intends to provide satellite-based broadband Internet access along with domestic and international calling services...

Sea Launch Company LLC’s Odyssey Launch Platform and the Sea Launch Commander departed the Sea Launch Home Port in Long Beach, Calif., this week for an equatorial launch site in...

Orbital Sciences [ORB] overcame weakness in its launch-vehicles segment by achieving strong performance in other areas, reporting improved first- quarter 2004 financial results compared with the same quarter last year....

EchoStar Communications’ [DISH] Dish Network satellite television service now will offer local channels in Duluth, Minn. Included are affiliates of ABC, CBS, Fox, NBC and PBS. According to company executives,...

XM Satellite Radio Holdings Inc. [XMSR] said its XM Satellite Radio Inc. subsidiary completed a $200 million offering of senior, secured, floating-rate notes due 2009.

V-One Corp. [VONE] officials said today their company will introduce its “on demand” VPN-over-satellite service through the via its broadband satellite resellers. According to V-One, the service is built around...

Lockheed Martin [LMT] said the Gravity Probe B that it built for the National Aeronautics and Space Administration was launched into space from Vandenberg Air Force Base in California yesterday....

Intelsat and TIBA formed a strategic partnership under which TIBA will act as the primary sales channel for long-term Intelsat video services provided by the IS- 805 bird, located at...

Harris [HRS], a communications equipment provider, rolled out a new plug-and-play module to support video-over-IP for rich-media- content distributors that range from satellite to telecom service providers. The NetVX Gigabit...

Sirius Satellite Radio [SIRI] reported 351,663 subscribers as of March 31, a net increase of 90,602 during the quarter and a 138-percent increase compared with net subscribers during the same...