Orbiting Wall Street
The big news last week for Wall Street observers was the May 10 initial public offering (IPO) of common stock for New Skies Satellite BV. If the performance of that...
Archive
Raytheon Showcases Prototype For Satellite Communications Architecture
In anticipation of an upcoming competition, Raytheon unveiled its prototype of the network architecture for the Air Force‘s planned Transformational Satellite Communications System (TSAT), the next-generation constellation of satellites that...
Xtar Completes Field Trials, Nabs First U.S. Government Contract
Xtar LLC completed the first field trials of the Space Systems/Loral-built Xtar-Eur satellite, placed on orbit at 29? East in February, Xtar announced. The demonstration for the U.S. Army‘s 7th...
Inmarsat Posts Profits in 2005 First Quarter
Inmarsat Group Ltd. earned $6.3 million in the 2005 first quarter, rebounding from a loss of $10 million in the same period one year ago, Inmarsat reported May 9. Revenue...
Cartosat-1 Cameras Tested, Hamsat Functioning Well
The Indian Space Research Organization (ISRO) said the National Remote Sensing Agency’s Data Reception Station at Shadnagar, India, received imagery from the recently launched Cartosat-1. The satellite has been undergoing...
Iridium Taps Firm For Next-Gen Equipment Development
Iridium Satellite LLC selected Cambridge Consultants as a strategic wireless technology development consultant. In this role, Cambridge will help Iridium evolve the design of its ground-based terminal equipment. Cambridge is...
SES Global Revenue, Profit Rise
Profits at SES Global grew 9 million euros ($11.6 million) in the 2005 first quarter despite revenue remaining flat, the company reported May 9. SES earned 84 million euros ($108.8...
Terrestar Networks Closes $200 Million Equity Financing
Mobile Satellite Ventures (MSV) closed a $200 million private placement in its former subsidiary Terrestar Networks Inc., which was spun off to MSV’s shareholders as a stand-alone company. Terrestar, in...
ViaSat To Supply Telesat With Consumer Ka-Band Terminals
Telesat signed a multiyear agreement with ViaSat Inc. to purchase DOCSIS-for-satellite Ka-band consumer terminals. The terminals, which use a networking technology that utilizes satellite bandwidth more efficiently to lower the...
Former Eutelsat Executive Leads Anti-Piracy Charge
While satellite pay-TV operators have performed strongly in recent years in terms subscriber gains, many continue to deal with the effects of smart card piracy. The illegal watching of content...