Month: May 2006

L-3 Communications [LLL] agreed to acquire Crestview Aerospace Corp. [CAC] for $135 million in cash. The acquired business is expected to have annual sales of approximately $120 million in 2006,...

A new weather-spotting satellite was launched successfully into a geostationary orbit, just as the 2006 hurricane season begins. NOAA and NASA announced the launch from the Cape Canaveral Air Force...

Lockheed Martin Corp. [LMT] and European Aeronautic Defence and Space Co. (EADS) will work together to ensure interoperability of the E.U. and U.S. global positioning satellite-based systems, Lockheed and EADS...

The Kompas-2 satellite is suffering from an equipment malfunction and has not yet reached full power, Interfax reported May 29. The satellite, designed to study atmospheric, volcanic and seismic phenomena,...

Pace Micro Technology has introduced its first pan-European high definition (HD) set-top box for receiving free-to-air satellite signals, the company announced May 30. The DS810XE will allows users to access...

Military space programs, in the past burdened by blunders and underfunding, now are embarked upon a renaissance, a well-known defense analyst asserts. For example, the National Polar-Orbiting Operational Environmental Satellite...

The Solar Terrestrial Relations Observatory (STEREO) is slated for launch July 22, according to NASA. STEREO blastoff from Cape Canaveral Air Force Station, Fla., is slated for 3:11 to 3:13...

The space industry faces robust growth in coming years, with 139 imaging satellites worth $16.3 billion being delivered in the next 10 years, a surge that will see India seize...

Satellite broadband provider Wildblue Communications Inc. has signed an agreement with a Kentucky coalition that wants to provide broadband access throughout the state, Wildblue announced. The agreement with Connectkentucky, a...