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Inmarsat Posts Rising Earnings, Revenues
Inmarsat, a London-basedprovider of global mobile communications via satellite, reported increases in revenues, profits and earnings per share last year compared with 2001. Revenues rose 5 percent to $463 million; […]
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Lockheed Martin Awarded Patent For Rocket Nozzle Technology
The U. S. Patent and Trademark Office (USPTO) granted Lockheed Martin [NYSE: LMT] a patent for a ceramic rocket nozzle throat for solid rocket motors. The new ceramic material promises […]
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SpaceX Venture Performs First Rocket Engine Firing
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 […]
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Integral Sells Satellite Image System to NASA
The National Aeronautics and Space Administration has purchased Integral’s [Nasdaq: ISYS] SKYLIGHT ground terminal system for receiving and processing satellite Earth science data. The system includes a receiver and data […]
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Sears Launches In-Store HDTV Broadcast Platform Using DISH Network
Premier Retail Networks (PRN) plans to deliver high-definition TV programming to 870 Sears‘ in-store television broadcast platforms using EchoStar Communications [Nasdaq: DISH] DISH Network Business Solutions as the satellite delivery […]
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ViaSat Receives Order From Connexion By Boeing
Connexion, a business unit of Boeing [NYSE: BA], is tasking ViaSat [Nasdaq: VSAT] to develop airborne receive and transmit subsystems [ARTS] for its in-flight communications system for aircraft. For the […]
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DirecTV Latin America Files For Chapter 11 Bankruptcy Protection
DirecTV Latin America, a Fort Lauderdale, Fla.-based subsidiary of Hughes Electronics [NYSE: GMH],has filed for Chapter 11 bankruptcy protection. The filing applies only to DirecTV Latin America and not its […]
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Inmarsat Moves Spare Satellite To Meet Middle East Demand
Inmarsat is moving one of its five in-orbit spare satellites over the Middle East to meet the rising demand for communications in that region of the world. The move is […]
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AsiaSat CEO Ready For AsiaSat 4 Challenge
With the imminent launch of AsiaSat 4 in the next few weeks, AsiaSat CEO Peter Jackson admitted that the main challenge for the operator in 2003 would be to sell […]
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Space Imaging Product To Help With Postwar Iraq Reconstruction
The U.S. State Department has selected Space Imaging‘s Geobook geographic information systems (GIS) product for use by the department’s “future of Iraq” project. The working groups will use Geobook for […]
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Galileo System Could Generate Big Revenues From Navigation Applications
Annual sales revenues from commercial applications of Europe’s planned Galileo satellite navigation service could reach 400 million euros ($425 million) by 2015, according to Hispasat CEO Jacinto Garcia Palacios. When […]
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SBCA Names Hearn and Sann To New Posts
The Satellite Broadcasting and Communications Association (SBCA) has named Angela Hearn as marketing manager and Heidi Sann as communications and marketing coordinator. Hearn, who joined SBCA in 2001, will be […]
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The Satellite News Financial Ticker
Week of March 6 – 13, 2003 Percentage Change Symbol March 13 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.43 (10.6) (19.7) […]
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Stratos To Serve Oil Platform
Stratos, a provider of remote communications solutions and services, agreed to provide Shell UK Exploration and Production with a satellite communications network for its Goldeneye Platform, due to be deployed […]
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SpaceConnection Inks Deal
Satellite service provider SpaceConnection has signed an exclusive marketing agreement with PanAmSat [SPOT] that will provide the satellite news gathering (SNG) market with an access facility. Under the terms of […]
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BBC Sends Unencrypted Channels
The BBC announced that it would, for the first time, broadcast its eight TV channels unencrypted by satellite. This decision will enable viewers in the United Kingdom to receive BBC […]
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Orbital Weakness Unwarranted
Weakness in the share price of Orbital Sciences [ORB] is unwarranted and stems from “general confusion” around the company’s plan to increase its outstanding shares from 80 million to 200 […]
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Sarantel Provides GPS Antennas
U.K. antenna supplier Sarantel has launched a surface mount version of its GeoHelix miniature Global Positioning System antenna. Sarantel’s GeoHelix-S can be mounted directly onto GPS circuit boards, simplifying production […]
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Canadian Weather Service Taps U.S.
The Canadian government is investing $75 million over five years that will allow the Meteorological Service of Canada (MSC) to improve the quality of its forecasts and its service to […]
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InterWAVE Gets $1.6M Congo Order
InterWAVE Communications International [IWAV] has received a $1.6 million order from Vodacom Congo for a GSM network with an advanced satellite compression capabilities. InterWAVE said the network expects to provide […]
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QuickBird Aids In Managing Forestry
Canada’s CLC-Camint is using DigitalGlobe’s QuickBird satellite imagery to identify individual tree crowns in forest areas. With the ability to delineate and classify tree crowns, forestry professionals will have a […]
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EADS To Cut 1,700 Jobs
The European Aeronautic Defence and Space Co. is eliminating 1,700 jobs at its Space Division. The division reported a loss of 268 million euros ($296 million) in 2002 because of […]
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VMS To Send CDs Via DirecWay
Hughes Network Systems Europe (HNSE) has signed a multi-year contract with Virtual Music Stores (VMS) for DirecWay broadband satellite services. VMS will use DirecWay to distribute music content to its […]
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China TV Chooses GlobeCast
GlobeCast, the satellite services unit of France Telecom [FTE], said China’s national broadcaster CCTV-9 is now available on its digital DTH Hot Bird platform as part of French satellite bouquet […]
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Top Executives at Gilat Step Down
Gilat Satellite Networks [GILTF] last week announced the resignations of its co-founders, Chairman and CEO Yoel Gat and President Amiram Levinberg. The resignations will take effect at the April meeting […]
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Launch Market Outlook Shows Little Promise
WASHINGTON, DC — Launch industry officials and analysts offered little hope for a quick turnaround in the beleaguered launch sector because of drastically curtailed demand, according to a March 11 […]
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EchoStar’s Resurgence Shows In Numbers
EchoStar Communications [DISH] is back on the acquisition prowl. A recent indication came from a March 4 conference call that revealed an unusually positive set of numbers for year-end 2002. […]
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Spotlight: Teleport Aids Latin American Learning
Distance learning is earning high marks in Latin America. Phoenix-based Antenna Technology Communications (ATCi), a provider of commercial satellite communications systems, has signed a $2.8 million contract with the Mexican […]
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Unintended Consequences of Flawed Policies
By Roger Rusch At one time elementary students were warned about upsetting the balance of nature. We were told about foolish people who introduced alien species to remove a pestilence. […]
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Operators Chase Government Users
PanAmSat Corp. [SPOT], SES Americom and Intelsat Ltd. have positioned themselves to tap into the U.S. government’s demand for satellite services, one of the few segments that is showing growth […]