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SkyTerra Communications To Buy Verestar’s Assets
Verestar, a Fairfax, Va.-based provider of managed network solutions via satellite and fiber, has reached an agreement in principle to sell substantially all of its assets to SkyTerra Communications. Under […]
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TPS Selects UEI’s Remote Control Unit For French Satellite TV Service
Universal Electronics Inc. (UEI) [Nasdaq: UEIC] has agreed to supply its new remote control platform to France’s La Television Par Satellite (TPS) to control TPS customers’ set-top satellite television receivers […]
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Native Communities Group Uses Satellite Imagery To Assess Wildfire Risk
Longmont, Colo.-based DigitalGlobe has entered into an agreement with Colorado Springs, Colo.-based Native Communities Development Corp. (NCDC) to provide high- resolution satellite imagery for integration with NCDC’s remote sensing, geographic […]
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MDA Gets $1.7M Contract for U.S. Satellite Servicing Program
MacDonald, Dettwiler and Associates’ (MDA) MD Robotics subsidiary has been awarded an additional C$2.3 million (US$1.7 million) contract by Boeing [NYSE: BA] to provide elements for the Orbital Express program, […]
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GlobeCast Delivers Serbian Channels To U.S. Market
GlobeCast, a satellite service subsidiary of France Telecom, has added Serbian television channel Pink Plus and radio station Radio Pink to the lineup of international programming on its direct-to-home satellite […]
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Recovery Expected in State and Local IT Spending
U.S., state and local government spending on information technology products and services will recover at a compound annual growth rate of 8 percent from $46 billion in fiscal year 2004 […]
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Universal Electronics To Supply Remote Control Products To Sky Italia
Cypress, Calif.-based Universal Electronics [Nasdaq: UEIC] has entered an agreement with Italian satellite TV provider Sky Italia to supply technology for Sky Italia two-device, universal remote controls to be bundled […]
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CSX To Use MCI Satellite Services
MCI is providing CSX Technology, a subsidiary of CSX Corp. [NYSE: CSX], with satellite services at railroad remote operating locations across the Eastern United States. In addition, MCI said it […]
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Lockheed Martin Delivers Military Space Architecture
Bethesda, Md.-based Lockheed Martin [NYSE: LMT] has delivered the first major component of the integrated space command and control (ISC2) system to the U.S. Strategic Command (USSTRATCOM) and the North […]
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Space Imaging Signs Accord With Indian Agency
Space Imaging has signed an agreement with Antrix Corp., a division of the Indian Space Research Organization (ISRO), to extend its sales and marketing agreement through 2010. The agreement gives […]
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FCC Rural Satellite Forum Features Top Regulatory and Industry Participants
A first-of-its-kind conference about the rural use of satellite services was held Tuesday by the Federal Communications Commission that featured the participation of Chairman Michael Powell, four FCC commissioners and […]
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Correction
In the Jan. 26 issue of SATELLITE TODAY, the satellite being manufactured by Alcatel Space for China’s Aptsat should have been designated the Apstar VI (not Apstar IV).
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Wilmoth Moves from Thales To PennWell
Mark C. Wilmoth is moving from Thales Navigation, a California-based provider of GPS technology, where he is chief financial officer, to PennWell Corp., a Tulsa, Okla.-based business-to-business publisher and organizer […]
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Pegasus Satellite Communications Announces $100M Tender Offer
Bala Cynwyd, Pa.-based Pegasus Communications [Nasdaq: PGTV] announced that its satellite TV subsidiary, Pegasus Satellite Communications, is offering to purchase up to $100 million aggregate principal amount of outstanding debt […]
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DigitalGlobe, Keyhole Deliver QuickBird 3D Imagery to New Customers
Longmont, Colo.-based DigitalGlobe and Mountain View, Calif.-based Keyhole have signed a multi-faceted agreement to provide DigitalGlobe’s QuickBird satellite imagery and Keyhole’s Internet-based 3D earth visualization solutions to customers. The agreement […]
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Sirius, United Auto Group To Promote Satellite Radios in Vehicles
New York-based Sirius Satellite Radio [Nasdaq: SIRI] and Bloomfield Hills, Mich.-based automotive retailer UnitedAuto Group [NYSE: UAG] have signed a multi-year agreement under which United will promote Sirius satellite radios […]
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ARINC Provides Satellite Broadband To Lagos Airport
Annapolis, Md.-based ARINC has just deployed its satellite-based wide-area network service for the Murtala Muhammad International Airport in Lagos, Nigeria. The service uses a broadband satellite link to provide airlines […]
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Satlynx, Cisco To Offer Satellite/Wi-Fi Services
Satlynx and Cisco Systems [Nasdaq: CSCO] are teaming to offer high-speed Internet service via satellite/WiFi technology. Luxembourg-based Satlynx will contribute its two-way broadband services, and San Jose, Calif.-based Cisco will […]
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Challenges Run High For Connexion by Boeing
Connexion by Boeing is an ambitious project to provide in-flight, high-speed broadband services that should become a technical success but may well stumble on the project’s high costs as it […]
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Spotlight: New GPS Navigation Products Aid Motorists
New products are available for U.S. drivers who need navigational assistance when on the road. Santa Clara, Calif.-based Thales Navigation, the developer of the Hertz NeverLost vehicle navigation system, introduced […]
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DirecTV Surges With Fourth Quarter Surprise
By Jimmy Schaeffler DirecTV, the direct broadcast satellite (DBS) unit of News Corp [NYSE: NWS]-controlled Hughes Electronics [NYSE: HS], posted impressive subscriber year-end 2003 subscriber numbers. The results, released just […]
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Correction
In the Jan. 19 issue of SATELLITE NEWS, the story “Global Satellite Industry Climbs Back to Health” incorrectly paraphrased International Launch Services Director of Marketing Sales Tom Carroll at the […]
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SES Global Ready For Broadband Challenge
Luxembourg-based satellite operator SES Global [Luxembourg: SESG] expects to see significant revenue growth from 2005 onwards. On the other hand, the company anticipates tough market conditions in 2004. The operator […]
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GPS Industries To Deliver CBS SportsLine.Com To Inforemer Units
GPS Industries [OTCBB: GPSN], a Vancouver-based developer of GPS golf course and sports products, has concluded an agreement to establish a strategic relationship with SportsLine.com, an Internet-based sports media company […]
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The Satellite News Financial Ticker
Week of Jan. 16 – 22, 2004 Percentage Change Symbol Jan. 22 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.79 (0.7) 18.2 […]
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The Cypress Group Buys Communications & Power Industries for $300M
The Cypress Group, a New York-based private equity firm, has completed the acquisition of Communications & Power Industries (CPI) in a transaction valued at approximately $300 million. CPI is a […]
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Bulldog Begins Production of Cargo Security Products
Canada’s Bulldog Technologies [OTCBB: BLLD] has begun production of its Road BOSS cargo security product. The initial production run of 250 units will be limited to the company’s RB-200 Road […]
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Stratos To Offer DirecWay In U.S. and Canada
Stratos Global [TSX: SGB] has signed an agreement with Hughes Network Systems (HNS) to become a value- added reseller of DirecWay broadband satellite services to federal, state and local government […]
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Alcatel Space Integrates Apstar VI Satellite Modules
French satellite manufacturer Alcatel Space announced that it had successfully mated the communications and service modules of the Apstar IV satellite at its integration rooms in Cannes, France. Based on […]
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Connexion by Boeing Wins Fans
Connexion by Boeing, a unit of Boeing [NYSE: BA] set up to provide in-flight broadband services to airline passengers, is showing resiliency by winning the support of additional business partners […]