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The Satellite News Financial Ticker
Week of April 2 – 8, 2004 Percentage Change Operators Symbol April 8 Price One Week One Month Three Month Year to Date APT SATELLITE HLDGS ATS 1.96 (1.5) (19.7) […]
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Lead Engineer Named At Boeing NASA Systems
Keith Reiley has been selected as the lead systems engineer for Boeing NASA Systems, a Washington-based unit of The Boeing Co. [BA]. He will report to Chuck Allen, the vice […]
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DISH Network Delivers Interactive Television To 8 Million TV Households
EchoStar Communications [DISH] officials announced today the company’s DISH Network satellite television service launched two new interactive TV channels. The first is Trivia, offered by Buzztime, while the second is […]
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Automobile Makers Lift XM, Sirius
XM Satellite Radio [XMSR] and Sirius Satellite Radio [SIRI] received a firm boost last week from American Honda and DaimlerChrysler [DCX], respectively, in the form of expanded commitments by the […]
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Ground Control Deploys Satellite Internet Access Points
San Luis Obispo, Calif., based-Ground Control officials today announced the availability of the One Touch-2500 auto tracking two-way satellite dish that can be mounted on the roof of a vehicle […]
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Globecast Inks Moroccan Channel Deal
Globecast is to deliver the Moroccan channel 2M Maroc to Africa via its digital satellite television platform on NSS 7. The distribution agreement will give 2M Maroc access to DTH […]
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Eutelsat Benefits From Olympics
The Athens Olympic Games scheduled for this summer should provide additional business for a wide array of satellite industry companies. One of the deals involves Paris-based satellite operator Eutelsat agreeing […]
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SpaceDev Reports Net Loss for 2003
SpaceDev [SPDV] is investing in the future but it bottom-line is suffering near-term as a result. Company officials reported the Poway, Calif.-based provider of space and low-cost microsatellite-related products and […]
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Bank Hapoalim Aids Gilat With New Loan Terms
Bank Hapoalim came to the aid of Gilat Satellite Network Ltd. [GILTF] by modifying the terms of a $71 million loan. The new terms reduce the rate of interest applicable […]
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Orbital Names Former Boeing Executive To Lead Its Launch Systems Group
Orbital Sciences Corp. [ORB] officials said today that Brent Collins has been named senior vice president and deputy general manager for operations in the company’s Launch Systems Group. In this […]
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Dish Network Adds Local Channels To Line-up
EchoStar Communications Corp. [DISH] officials said today that the company’s Dish Network would offer local channels to its subscribers in the Rochester, N.Y., area, including the local affiliates of ABC, […]
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NDS Forges Standards Deal With Thomson
NDS [NNDS] has signed a deal with Thomson to promote the development of secure content protection solutions. The objective of the two partners is to promote a standard secure and […]
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Connexion by Boeing Aligns With Wireless Broadband Partner
Connexion by Boeing, a business unit of The Boeing Company [BA], and StarHub, a communications provider in Singapore, today announced the signing of a memorandum of understanding (MOU). The deal […]
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XM Reaches Accord With Saab, Opens NASDAQ Trading And Offers Traffic Data
XM Satellite Radio [XMSR], a Washington-based satellite services provider in the U.S. market, announced today that the new Saab 9-7X sports utility vehicle will offer factory-installed XM equipment in first […]
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ActSoft Releases New GPS Tracking Software
ActSoft officials said yesterday that a new version of Comet Tracker would be released. Comet Tracker uses Global Positioning System (GPS) technology available on Java- enabled handsets to instantly track […]
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New GPS Satellite Declared Fully Operational
A U.S. Air Force/Lockheed Martin Space Systems [LMT] team has completed on-orbit checkout of the upgraded GPS satellite, designated GPS IIR-11, which was successfully launched March 20, Lockheed Martin officials […]
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XM Announces Expanded Deal With Honda, Planned Offering Of Secured Notes
Executives at Washington-based XM Satellite Radio today reported that American Honda would expand the number of car models that offer XM radios as standard equipment for the 2005 model year. […]
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Sirius Announces Factory-Installed Availability
Officials at New York-based Sirius Satellite Radio [SIRI] said today that the company’s radio receivers will be available as a factory-installed option and a dealer-installed accessory on the BMW 2004 […]
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Satlynx CEO Outlines Challenges
Satlynx CEO Paul Heinerscheid said his company is aiming to sharpen its marketplace focus. The two-way European satellite broadband services provider intends to become a key player in the region’s […]
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Networkcar Announces Reseller Agreement
Networkcar, a Reynolds and Reynolds [REY] company, said today that Maximus [MMS] would be a reseller of Networkcar’s fleet products. Networkcar’s in-vehicle system collects and organizes detailed information from the […]
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Geolink Taps Performance Technologies Signaling Platform
Performance Technologies [PTIX] executives today said mobile satellite communications systems developer Geolink is using PT’s SEGway 1100 SS7/IP Signaling Platform on its OceanCell GSM solution. OceanCell uses maritime satellite links […]
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Coachmen Offers KVH Satellite TV Systems In New Vehicles
KVH Industries [KVHI] says its TracVision LF in-motion satellite TV antenna and its TracVision SF stationary automatic satellite TV antenna will be offered as optional equipment on all new Sportcoach […]
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KTVK Phoenix Purchases skIP System
Phoenix-based independent television station KTVK bought the skIP Broadband Communications System to combine the technical resources of Production and Satellite Services, a transportable uplink company, and The Spaceconnection, a provider […]
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News Corp Plans U.S. Incorporation
News Corp [NWS], the parent organization of DirecTV [DTV]and BSkyB, today announced it would change the company’s place of incorporation to the United States from Australia. The proposed reorganization is […]
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Sirius Hires Senior VP Of Marketing
Sirius Satellite Radio [SIRI], a New York City-based satellite radio service, today announced the appointment of Tola Murphy-Baran as senior vice president of marketing. Murphy-Baran will be responsible for subscriber […]
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ORBIMAGE Rises From Bankruptcy
The prospects for Dulles, Va.-based ORBIMAGE are brightening, and they could take a major leap forward if it wins the second NextView contract the U.S. government is expected to award […]
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Ventures Offer Respectable Returns
The high-profile failure of low-Earth-orbit (LEO) satellite voice services left the industry saddled with a reputation among many large investors that it posed inordinate risks. Funding for many ventures dried […]
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XM Blows Past First Quarter Subscriber Estimates
By Paul Dykewicz, PBI Media LLC XM Satellite Radio [XMSR], the largest U.S. satellite radio services provider, is keeping up a torrid pace in growing its subscriber base. The pioneer […]
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GPS Industries Dealer Signs Deal With Oregon Golf Course
Satellite Golf, an authorized dealer of GPS Industries [GPSN], signed an agreement with the Diamond Woods Golf Course in Oregon for the installation of GPSI’s Inforemer GPS golf management system.
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Spotlight: Prince Concert Distributed In HDTV
Opening night of a recent Prince concert was turned into a major digital cinema event via satellite with the use of a new high-definition television (HDTV) encoder. The Tandberg Television […]