New Skies' 2002 Results Slip
The fourth-quarter and full-year 2002 financial performances for satellite operator New Skies Satellites [NYSE: NSK] were off compared to 2001, due to a difficult economy, adoption of a new accounting...
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Noteworthy
Don’t miss the world’s largest satellite industry conference and exhibition! SATELLITE 2003 February 26 – 28, 2003 Washington Convention Center Washington, DC http://www.satellite2003.com SATELLITE 2003 is the industry event where...
Integrated Services To Acquire Global Pocket PC Solutions
Integrated Services Group (ISVG) and Global Pocket PC Solutions have signed a letter of intent under which Integrated Services will acquire Global Pocket PC Solutions for an undisclosed consideration. Global...
TRL Signs Agreement To Convert Truck Fleet To Aether MobileMax
Aether Systems [Nasdaq: AETH], a provider of satellite-based mobile fleet tracking products, has signed a contract with truckload carrier TRL (Pittson, Pa.) to convert its entire fleet of 600 trucks...
Sutron Signs Satellite Contract with Venezuelan Utility
Sutron has received a $445,000 contract for a meteorlogical-hydrological project from Venezuelan electricity provider CVG Electrificacion del Caroni (EDELCA). Under the contract, Sutron (Sterling, Va.) will provide remote hydro-met stations...
Peregrine Semiconductor Closes $23M Financing
Peregrine Semiconductor, a supplier of high-performance integrated circuits for satellite, wireless and wireline communications, has raised $7.5 million in the third and final tranche of its $23 million series A1...
EchoStar, EarthLink Partner On TV/Internet Package
Littleton, Colo-based EchoStar Communication Corp. [Nasdaq: DISH] and Atlanta-based EarthLink [Nasdaq: ELNK], the nation’s third-largest Internet service provider, have agreed to team up to bundle EchoStar’s DISH Network digital satellite...
SBC Is Unlikely To Buy DirecTV, Lehman Brothers Says
Despite reports that Bell giant SBC [NYSE: SBC] is in discussions to buy satellite TV operator DirecTV Inc., Lehman Brothers analysts think a deal is unlikely. Blake Bath, a Lehman...
Space Imaging Refocuses
Space Imaging will be pursuing future opportunities with 65 fewer employees after layoffs there last Thursday. The company’s board of directors approved the cuts and also backed plans to secure...
Columbia's Satellite Impact Limited
The dramatic impact of the Challenger explosion on the U.S. launch and satellite industries will not be repeated in the aftermath of the Columbia disaster, experts say. When the Challenger...