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Lockheed Adds GPS Partners
Lockheed Martin [NYSE: LMT] announced that Raytheon [NYSE: RTN], ITT [NYSE: ITT] and General Dynamics [NYSE: GD] have joined its team to develop the GPS III, the U.S. Air Force’s […]
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Citroen To Offer Satellite Navigation Using Trafficmaster
French car maker Citroen has announced that it is offering Trafficmaster‘slatest satellite navigation system, Smartnav, as an approved accessory on all vehicle models in the United Kingdom. Smartnav will be […]
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Merrimac Gets Boeing GPS Order
Merrimac Industries [AMEX: MRM] has signed a deal with Boeing [NYSE: BA] that could reach a value of $4.4 million to supply its Beamforming Networks and RF/Microwave signal processing components […]
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Noteworthy
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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New Skies Closes Share Buy Back
New Skies Satellites [NYSE: NSK], the Netherlands-based global satellite communications company, has completed its share repurchase program, acquiring a total of 13,057,024 ordinary shares at a cost of approximately $54.0 […]
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Gilat Inks Deal With Valero
Spacenet, a U.S. subsidiary of Gilat Satellite Networks [Nasdaq: GILTF], has signed a deal with Valero Energy [NYSE: VLO] to provide a broadband satellite communications network for the company’s 4,000 […]
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Remote Sensing Policy Stirs Debate
Commercial remote sensing companies would benefit from modifications to a new White House policy intended to aid federal civil agencies in acquiring data and imagery from space, industry representatives said. […]
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Integral Systems Acquires Unit
Satellite ground systems provider Integral Systems [Nasdaq: ISYS] signed a pact to buy the intellectual property rights, inventory and other assets of the former Jackson & Tull Satellite Ground Systems […]
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EchoStar Uses DVRs To Gain Edge
EchoStar Communications [Nasdaq: DISH] is raising the stakes in its bid to entice new subscribers by becoming the first pay-TV services provider to offer digital video recorders (DVRs) at no […]
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The Satellite News Financial Ticker
Week of Aug. 29 – Sept. 4, 2003 Percentage Change Symbol Sept. 4 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.1 13.1 […]
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Canadian Government Goes After Pirates
The Canadian government is working on legislation that would clamp down on individuals and companies who steal satellite TV signals as well as those who make devices designed to illegally […]
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‘Survival of the Fittest’ Webinar
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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Spotlight: Sirius Extends Reach Into RV Market
New York-based Sirius Satellite Radio [Nasdaq: SIRI], one of two satellite radio services operating in the United States, is arranging to offer its units in an array of 2004 model […]
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DBS Rolls Past 20-million Subscriber Mark
By Jimmy Schaeffler Since its inception in mid-1994, the U.S. direct broadcast satellite (DBS) industry has undergone a remarkable consolidation. The playing field has winnowed from almost three- dozen entrants […]
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Survey Shows Satellite Radio Is Building Momentum
Satellite radio, which is advancing beyond the “early adopter” stage, is expected to achieve robust growth for the rest of 2003 and beyond, according to a survey by ChangeWave Research, […]
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DirecTV, EchoStar Team For Washington Battles
Hughes Electronics’ [NYSE: GMH] DirecTV unit and EchoStar Communications [Nasdaq: DISH], the two high-powered U.S. satellite TV service providers, are joining forces in trying to fend off two threats that […]
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Loral Skynet Inks Rede TV Deal
Loral Skynet do Brasil, a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar 12 […]
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XM To Raise $150M In Share Offering
XM Satellite Radio Holdings [Nasdaq: XMSR] plans to issue 11.3 million shares of its Class A common stock for sale to Baltimore-based institutional investors Legg Mason Funds Management, Legg Mason […]
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Sirius, Antex Unveil Receiver
Sirius Satellite Radio [Nasdaq: SIRI] and equipment manufacturer Antex Electronics have introduced what they say is the world’s first satellite radio specifically designed for use in multi-room, multi-zone audio systems. […]
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SBCA President Wright Resigns
In a surprise announcement late Friday, Satellite Broadcasting and Communications Association (SBCA) President Andy Wright said that he plans to step down from his post, effective Sept. 20. Wright, in […]
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Canadian Government Targets Satellite Pirates
The Canadian government is working on legislation that would clamp down on individuals and companies who steal satellite TV signals, as well as those who make devices designed to illegally […]
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Senate Panel OKs Measure Giving Northpoint Free Access To DBS Spectrum
The Senate Appropriations Committee passed an amendment this week that would give proposed terrestrial wireless multichannel TV competitor Northpoint access to direct broadcast satellite (DBS) spectrum at no charge without […]
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ILS to Launch Malaysian Satellite
International Launch Services (ILS), a joint venture of Lockheed Martin [NYSE: LMT] and two Russian companies, has signed a contract with Malaysia’s Binariang Satellite Systems to launch the MEASAT-3 communications […]
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Globecomm, SkyStream Link Up
Globecomm Systems [Nasdaq: GCOM] has inked a deal with SkyStream Networks to use the video networking systems provider’s Mediaplex Video Services Platform to offer new video and data satellite services […]
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Virginia Tech Evaluates SiriCOMM Network Technology
Virginia Tech Transportation Institute (VTTI) is evaluating SiriCOMM‘s [OTC BB: SIRC] network technology for use within state Intelligent Transportation System (ITS) infrastructure. A SiriCOMM network has been installed since early […]
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GlobeTrac Closes $750,000 Financing Deal
GlobeTrac [OTCBB:GBTR], a London-based supplier of telematics and tracking services, has completed a non-brokered private placement that raised $750,000 at $1.00 per unit. Each unit consists of one share of […]
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Noteworthy
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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Loral Skynet Inks Deal With Rede TV
Loral Skynet do Brasil Ltd., a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar […]
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Orbital Selected For Military Launch Vehicle Contract
Orbital Sciences [NYSE: ORB] landed a contract from the U.S. Air Force‘s Space and Missile Systems Center Detachment 12 for a suborbital rocket that will test an advanced penetrator. The […]
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Sirius, Antex Electronics Unveil New Receiver
Sirius [Nasdaq: SIRI] and equipment manufacturer Antex Electronics have introduced what they say is the world’s first satellite radio specifically designed for use in multi-room, multi-zone audio systems. The companies […]