Month: June 2005

Worldspace Sets IPO

Worldspace Inc.‘s initial public offering (IPO) will consist of 8.8 million shares with an estimated price range of $16 to $18 per share, according to a June 27 filing with...

Europe Approves Joint Galileo Bid

The Galileo Joint Undertaking (GJU) approved a joint bid June 27 from the members of the Eurely and iNavSat consortia to develop the Galileo satellite navigation system. The two consortia...

Express-AM2 Put Into Service

The Russian Satellite Communication Co. said June 28 the Russian Express-AM2 satellite was put into operation June 16 at its 80 degrees East orbital slot. The satellite will provide presidential...