XM Satellite Radio Holdings Inc. cuts its third quarter loss as revenues improved 57 percent, the company announced Nov. 6. XM lost $84 million in the 2006 third quarter, which...
Surrey Satellite Technology Ltd. signed a contract with the National Space Research and Development Agency of Nigeria for a small Earth observation satellite, Surrey Satellite announced Nov. 6. Nigeriasat-2 will...
Giving a whole new meaning to the phrase "beer tabs," an intelligent wireless project jointly sponsored by IBM, Heineken, international shipping company Safmarine and the University of Amsterdam is tracking...
In one of the most significant announcements of the year in the European satellite industry, traditional rivals SES Global and Eutelsat will team up to launch a satellite-based mobile broadcasting...
GSAT Globalstar Inc. priced its initial public offering at $17 per share, the company announced Nov. 2. The company has also added 1 million shares to the offering, bringing the...
Northrop Grumman Corp. and Space Exploration Technologies Corp. (SpaceX) filed complaints with the U.S. Federal Trade Commission over pending approval of the United Launch Alliance (ULA). The joint venture, which...
Orbcomm Inc. priced its initial public offering (IPO) of 9.2 million shares of common stock at $11 per share, the company announced Nov. 2. The offering was scaled back, as...
Soundexchange, the non-profit organization that collects and distributes royalties from digital music services on behalf of artists and record labels, is seeking higher fees from Sirius Satellite Radio and XM...
The U.S. Air Force awarded Boeing a $299.9 million contract change to further the Wideband Gapfiller Satellite (WGS) program. This funding exercises an option for production of WGS Space Vehicle...
ViaSat Inc. posted record revenues of $131.5 million in its 2007 second quarter, up from revenues of $104.1 million in the same period a year ago, the company announced Nov....