Archive

Satellite phone provider Globalstar LP has been granted final court approval for its $10 million debtor-in-possession (DIP) financing. The court had earlier granted approval on an interim basis, making an […]

This year is likely to be a tough year for satellite operators in Latin America, according to Lincoln Oliveira, chief technology officer of Latin American satellite operator Star One. He […]

Tandberg Television, a supplier of open-standard products for digital broadcasting, plans to launch its integrated control and monitoring system, nCompass, at the upcoming National Association of Broadcasters 2003 conference. The […]

Motorola [NYSE: MOT] reached an out-of-court settlement that covers all five remaining lawsuits filed against the company by Chase Manhattan Bank due to the financial failure of Iridium LLC, a […]

Hughes Electronics [NYSE: GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication Co., reached a $32 million settlement with the U.S. Department of State involving claims of technology transfer […]

The break-up of an alliance between Hughes Electronics [NYSE: GMH] and America Online appears to be a move to prepare for the eventual sale of Hughes, a non-core business unit […]

Gilat Satellite Networks [Nasdaq:GILTF] has received approval from the Israel District Court in Tel Aviv for its debt-restructuring plan. The court’s approval of the plan, allowing the company to restructure […]

A Boeing [NYSE: BA] Delta IV rocket is scheduled to launch the first satellite for the U.S. Air Force Evolved Expendable Launch Vehicle program on Saturday from Cape Canaveral Air […]

The Goddard Space Flight Center‘s Ice, Cloud and Land Elevation Satellite (ICESat) has completed testing of its laser altimeter, its final test before full operation. The focus of the operations […]

U.S. aerospace employment has reached its lowest level since 1953, dropping to 689,000 jobs at the end of 2002. Based on the latest data from the Department of Labor‘s Bureau […]

The strategic alliance forged between Hughes Electronics [NYSE: GMH] and America Online in 1999 has been terminated, Hughes reported in a document filed with the Securities and Exchange Commission. The […]

The Federal Aviation Administration has awarded a contract to Lockheed Martin Air Traffic Management for wide-area augmentation system (WAAS) satellite leased communication services. As the FAA moves toward implementation of […]

ITT Industries [NYSE:ITT] has been awarded a contract by the Department of the Navy‘s Space, and Naval Warfare Systems Command to provide hardware and software for the management and control […]

FiberSat Global Services, previously known as McKibben Communications, won a contract from Hotelevision to handle satellite installation services, technical support and installation base management, company officials said. FiberSat Global Services’ […]

The path is clear for Sirius Satellite Radio [Nasdaq: SIRI] to operate without the financial questions that have followed it in recent months after its debt holders approved a recapitalization. […]

EchoStar Communications [DISH] netted approximately 400,000 new subscribers during the fourth quarter to boost its subscriber total to 8.18 million at the end of 2002. EchoStar (Littleton, Colo.) also reported […]

M2sat and Thuraya Satellite Telecommunication are teaming up to offer satellite broadband services of 192 Kbps to the international broadcasting industry and other high-capacity users. Thuraya’s (Abu Dhabi, UAE) satellite […]

Sirius Satellite Radio [Nasdaq: SIRI] said its stockholders have overwhelmingly approved the company’s proposed recapitalization. A majority of Sirius (New York City) stockholders voted to approve transactions to exchange $700 […]

NetCentrex, which provides next-generation networking products and applications for voice-over-IP (VoIP), PSTN and mobile networks, announced today that LatAmNap will use its CCS Softswitch and Media Server architectures to deploy […]

U.S. Army Corps of Engineers hydraulic engineers are monitoring water levels in the New England region’s major rivers and the depth of snow cover throughout the region to regulate Corps […]

Telenor Satellite Services is extending its offer for customers to try out its wireless packet data satellite service–Regional Broadband Global Area Network (Regional BGAN). Telenor is offering 50 free megabytes […]

Week of Feb. 21 – 27, 2003 Percentage Change Symbol Feb. 27 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.57 (0.6) (10.3) […]

WASHINGTON, D.C. – In the near term, volatility in launch insurance and in-orbit coverage will continue as satellite manufacturers and launch services providers struggle to improve their fleets of satellites […]

Ramu Potarazu, president and chief operating officer of Intelsat Global Service, will be promoted to president and COO of the parent company Intelsat Ltd. this month, the company announced. Potarazu […]

Loral Skynet, a subsidiary of Loral Space & Communications [LOR], provided in-orbit capacity to assist Discovery Health Network in presenting a live broadcast from inside maternity wards of hospitals in […]

The continent of Africa offers some strong growth opportunities for satellite and mobile telecom operators, according to a study by CIT-PriMetrica. CIT-PriMetrica’s “Yearbook of African Telecommunications for 2003” identifies growth […]

Gilat Satellite Networks [GILTF] is providing broadband satellite communications equipment and services to support an important new joint venture in Mexico between GlobalSat and Intelsat Global Service. GlobalSat is teaming […]

The European Space Agency has signed contracts with the ELV Co. to complete the development phase of the Vega European small launcher program and with FiatAvio to develop the P80 […]

GlobeCast, a satellite broadcast subsidiary of France Telecom [FTE], has extended its fiber network to Asia with the inauguration of a 45-Mbps transpacific fiber trunk between Singapore and Los Angeles, […]

Merrill Lynch is boosting estimates for EchoStar Communications’ [DISH] fourth-quarter subscriber growth by 15,000 due to lower subscriber churn than anticipated. The change brings subscriber estimates for the direct broadcast […]