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Sirius Raises $321 Million In Stock, Convertible Note Offering
Sirius Satellite Radio [SIRI] today raised approximately $321 million through an offering of common stock and convertible notes. The amount includes net proceeds received as a result of the exercise […]
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Save The Date
Tomorrow, representatives of the Bush re-election team and the Kerry campaign team will meet in Washington, D.C., to discuss their candidates’ aerospace platforms. With just 20 days left until the […]
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SUIRG: Cost-Cutting Leads To Interference
According to the Satellite Users Interference Reduction Group (SUIRG), the continual drive by satellite network operators to cut or control costs is contributing to a rise in radio frequency interference […]
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Andrew Creates Satellite Product Group
Orland Park, Ill.-based Andrew Corporation, a communications-systems equipment supplier, formed one new product group focused on satellites and a second new group that combines antennas and cable products. The move […]
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Foxtel Pursues Pre-Holiday Boost
Foxtel, the Australian pay-TV operator, is targeting a pre-holiday subscriber boost by offering new and existing customers free installation of its digital service, including those who opt for just the […]
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Iridium Names New Executive VP
Greg Ewertis Iridium Satellite LLC‘s new executive vice president for sales, marketing and business development. Ewert comes to Iridium with 19 years of telecom-industry experience, recently serving as executive vice […]
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Satellite Deals of the Day
Iridium Satellite LLC said the U.S. Department of Defense has exercised an option on its airtime contract, giving military personnel and other authorized users unlimited airtime on Iridium’s satellite-based communications […]
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Anik F2 Up And Flying
Telesat said its Anik F2 satellite now is fully operational, ushering in what the company hopes will be a new era in satellite broadband communications. The satellite will provide a […]
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SES Americom Satellite Readied For Launch
The AMC-15 telecommunications satellite, designed and built for Princeton, N.J.-based satellite operator SES Americom by Bethesda, Md.’s Lockheed Martin [LMT], is entering the final stages of preparation for an Oct. […]
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Satellite Deals Of The Day
The DirecTV Group Inc. [DTV] and News Corp [NWS] announced plans to combine their Latin American satellite TV operations. The arrangement will give DirecTV control of the surviving operation while […]
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Broadcasters Sway SHVIA Reauthorization Bill’s Provisions
The satellite-TV industry showed once again last week that it lacks the political muscle to fend off the powerful National Association of Broadcast-ers (NAB) and the National Cable & Telecommunications […]
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At Press Time: Election Holds Up SHVIA Bill
Legislation to re-authorize the Satellite Home Viewer Improve-ment Act (SHVIA) will need to wait for Senate action until lawmakers return from an election-related recess that began at the close of […]
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Sirius Bets Its Future On Shock Jock
The $100-million-a-year salary money-losing Sirius Satellite Radio [SIRI] has agreed to pay FM radio shock jock Howard Stern when he hits the satellite radio airwaves Jan. 1, 2006, is a […]
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Wegener Expands Beyond Traditional Satellite Sector
Wegener, a Duluth, Ga.-based manufacturer of products that enable advertising insertions for broadcasters and corporations, is branching out beyond its traditional focus on the satellite industry by broadening its scope […]
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Product Update: EMS Technologies Taps Tracking Niche
Ottawa-based EMS Technologies [ELMG] is looking to drive its sales through the introduction of a new satellite-based truck-tracking product at the 2004 American Trucking Association’s Management Conference and Exhibition in […]
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NASA: Workers Caused NOAA N-Prime Accident
In a scathing report dated Sept. 13 but only made public last week, the National Aeronautics and Space Administration (NASA) and the National Oceanic and Atmospheric Administration (NOAA) N-Prime Mishap […]
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FCC Bureau Chief Confirms DTV Conversion Pressure
With such issues as the analog-to-digital TV transition at the forefront, it is a busy time for the Federal Communica-tions Commission (FCC). The challenge to get the United States digitally […]
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Two-Dish Solution Stirs Controversy
One of the most controversial issues involved in the current Congressional effort to re-authorize the Satellite Home Viewer Improvement Act (SHVIA) that expires at year-end is whether satellite-TV provider EchoStar […]
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Managing Satellite Services For Profit
The satellite communications industry has entered a period of transition. A few private equity firms now control several large satellite operators. Previously, telecommunications companies or the original owners that had […]
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Loral Skynet Teams With Micron De Colombia To Offer Broadband
Loral Skynet President Patrick Brant is moving quickly to implement his plan to transform the Bedminster, N.J.-based satellite operator into a provider of connectivity through the use of hybrid services […]
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NGA Anoints Orbimage As Remote-Sensing Survivor
The satellite industry may never have had such a quick turnaround story as what has transpired at Dulles, Va.-based Orbimage during the past six months. The company emerged from Chapter […]
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PTA Schools Illegal Satphone Users
The Pakistan Telecommunications Authority (PTA) is concerned about the rise in illegal satellite-phone usage in that country, and it has asked legitimate satellite service providers like Thuraya Satellite Telecommunications Company […]
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XM Pays Out Stock Dividend
XM Satellite Radio Holdings Inc. [XMSR] announced a quarterly dividend on its 8.25- percent Series B Convertible Redeemable Preferred Stock, payable in shares of the company’s Class A Common Stock […]
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Galileo Gets Thumbs Up On Operational Phase
Satellite Today has learned that the European Commission approved moving the Galileo satellite navigation system into the deployment-and-operational phase. According to a report, the EC settled on a variety of […]
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NASA Sends Artificial Intelligence To Test Satellite
National Aeronautics and Space Administration (NASA) engineers sent a new artificial intelligence software package – the Livingstone Version 2, designed to detect and diagnose satellite instruments and systems failures – […]
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Making Money From The Stern/Sirius Deal
If reports we hear are correct, STMicroelectronics could make as much $180 million if the subscriber projections related to Howard Stern’s jump to satellite radio come to fruition. Sirius Satellite […]
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For Satellite Anniversary, Balloons Just Aren’t Enough
To mark the 50th anniversary of the first manmade satellite launch, Arianespace will launch 50 nanosatellites for the International Astronautical Federation. Each of the nanosats will represent a different country; […]
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Iran Enters The Satellite Age
Iran is planning on launching its first satellite next year, but the satellite’s mission has not been clearly stated. Iranian officials reportedly said the satellite would be used to demonstrate […]
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Satellite Deal Of The Day
GlobeCast clinched a major long-term deal with Prime TV to deliver state-owned Pakistan Television content throughout major European markets. The deal with Prime TV will enable the Pakistani family channel […]
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Onboard Cable Short Led To Telstar 18 Launch Problem
The Sea LaunchIndependent Review Board, appointed by Sea Launch Co. LLC partner RSC Energia, concluded that the problems associated with the June 28 Telstar 18 satellite launch that released the […]