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NSI Global Sees Revenues, Net Loss Drop
NSI Global [Toronto: NGL], a Montreal-based supplier of satellite-based communication systems, reported that revenues from continuing operations were C$4.2 million (US$3.1 million) for the first quarter, down from C$13.8 million […]
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Noteworthy
You’re Invited to TelecomWeb’s Open House As a reader of SATELLITE TODAY, you are eligible to receive a free one-week pass to the members-only Premium services of TelecomWeb.com. This special […]
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NovAtel Acquires CMC Electronics’ Non-Aviation GPS OEM Product Line
NovAtel [Nasdaq: NGPS], a Calgary, Alberta-based precise positioning technology company, has acquired CMC Electronics’ non-aviation Global Positioning System OEM product line for C$150,000 (US $109,000). That amount could increase over […]
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Radio Satellite Integrators Supplies Vehicle Location System To Michigan County
Radio Satellite Integrators, a Torrance, Calif. – based provider of Global Positioning System-based vehicle tracking and mobile data products, has completed an automatic vehicle location system for the Isabella County […]
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BSAT-2c Set For Mid-June Launch From French Guiana
Japan’s Broadcasting Satellite System’s (BSAT) BSAT-2c geostationary communications satellite has been shipped to Arianespace‘s launch complex in Kourou, French Guiana. The satellite will be launched aboard an Ariane 5 rocket […]
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Globalstar Sees Revenues Jump, Gets Court OK For ICO Investment
Mobile satellite telephone serviceprovider Globalstar [OTC: GSTRF] reported first-quarter revenues of $11.6 million, a 290 percent increase over the January-March period in 2002. This jump in revenue was due in […]
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Alcatel Space CEO Upbeat, Despite Difficult Conditions
Alcatel Space CEO Pascale Sourisse says the company is performing up to expectations. The company went through another round of restructuring last month, resulting in layoffs and the closing of […]
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Orbimage To Benefit From New Remote Sensing Policy
Orbital Imaging (Orbimage), a remote sensing company operating under Chapter 11 protection, could be a beneficiary of a new U.S. government policy to buy imagery data from the private sector […]
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SkyFrames Teams With NetWorth To Provide Business Continuity, Disaster Recovery Products
Costa Mesa, Calif.-based SkyFrames [OTC Bulletin Board: SKYU] has signed an agreement with NetWorth, of Ft. Lauderdale, Fla., to resell and install SkyFrames’ satellite broadband offerings. NetWorth has a customer […]
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ND SatCom Sets Up U.S. Subsidiary
Germany’s ND SatCom, a supplier of satellite based broadband VSAT, broadcast and military communication network solutions, has set up a U.S. subsidiary called ND SatCom Inc. In response to the […]
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ViaSat Wins U.S. Army Contract To Provide Satellite Modem
ViaSat [Nasdaq: VSAT] has received a contract from the U.S. Army to design and produce an enhanced bandwidth efficient modem for high-speed satellite communications. The contract, which includes the purchase […]
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Stratos To Provide Satellite Communications For Australian Defence Force
Stratos [TSX:SGB], a Bethesda, Md. -based provider of satellite communications, has signed a multi-million dollar contract with the Australian Defence Force to provide Inmarsat-B voice and data leased services. Under […]
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SES Astra To Provide Services for Recently Launched Hellas Sat Bird
SES Astra, a unit of SES Global [Luxembourg: SESG],has signed two contracts with Greek telecom service provider Hellas Sat to provide services for its recently launched communications satellite. Financial terms […]
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Digital TV To Reach Over 80% Of U.S. Homes By 2007, Study Says
By end-2007, the number of U.S. homes with access to digital TV services will more than double to at least 90 million (80 percent of households), from 39 million (36 […]
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HNS Partnership Brings Thuraya’s Mobile Voice Service To Russia
Four satellite companies from three different parts of the world are introducing a mobile voice service in Russia. Germantown, Md.-based Hughes Network Systems (HNS) is tapping into its experience in […]
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New U.S. Remote Sensing Policy May Kick Start Industry
The U.S. commercial remote sensing industry should receive a big boost from a new national policy that calls for the U.S. government to buy satellite imagery from the private sector […]
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Recom Managed Systems Goes For The Heart
Recom Managed Systems [OTCBB:RECM] announced Tuesday that it has successfully incorporated full Global Positioning System (GPS) capabilities into its heart monitoring technologies. The company had previously demonstrated proprietary technologies that […]
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Monaco Coach Selects KVH Satellite TV System for New Vehicles
Monaco Coach Corp. [NYSE: MNC], a Coburg, Ore.-based manufacturer of luxury motorhomes, has agreed to offer KVH Industries’ [Nasdaq: KVHI] TracVision SF automatic satellite TV antenna as standard equipment on […]
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Space Imaging Teams With Raytheon, Lockheed Martin
Space Imaging is joining with Raytheon [NYSE: RTN] and Lockheed Martin [NYSE: LMT] to develop a next-generation commercial remote-sensing satellite. The partnership also would compete for the National Imaging and […]
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C-COM Ships Mobile Antennas To Europe
C-COM Satellite Systems [TSXV: CMI] has delivered a number of iNetVu mobile satellite antenna systems to resellers in the United Kingdom, France and Germany. The first C-COM resellers in Europe […]
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XM’s 2003 EBITDA Outlook May Be Too Conservative, Merrill Lynch Says
XM Satellite Radio [Nasdaq: XMSR] reported “good” first quarter 2003 results, but the company’s projected EBITDA (earnings before interest, taxes, depreciation and amortization) by year-end may significantly underestimate the company’s […]
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Spotlight: Bad Weather Is No Problem For Antenna
Lincoln, Neb.-based Centurion Wireless Technologies, a designer and manufacturer of antennas and power products for wireless communications, introduced a new waterproof antenna to enhance Global Positioning System (GPS) and cellular […]
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The Satellite News Financial Ticker
Week of May 2 – 8, 2003 Percentage Change Symbol May 8 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.34 8.9 (2.2) […]
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Digital Set-Top Box: A New Engine Goes Vrooom!
By Jimmy Schaeffler Many Americans today are on the verge of purchasing a wonderful new vehicle – one that will take them to new heights – yet they don’t even […]
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EchoStar Outperforms Wall Street’s Expectations
EchoStar Communications [Nasdaq: DISH] is continuing to rack up impressive financial results. The company unveiled its first quarter results last week, reporting rising subscribership, earnings and free cash flow. Wall […]
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New Skies Overcomes Challenge Of Weak Demand
New Skies Satellites [NYSE: NSK] displayed resiliency during the first quarter at a time of weak demand for fixed satellite services (FSS) that hamstrung the performance of many other FSS […]
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LM, Spectrum Astro Team on GPS
Lockheed Martin [NYSE: LMT], based in Bethesda, Md., and Spectrum Astro, headquartered in Gibert, Ariz., have joined together to pursue the development of the next-generation of Global Positioning System satellites […]
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NSI Supplies Military Terminals
NSI Global [Toronto: NGL], a supplier of satellite-based communications systems headquartered in Montreal, Canada, announced that its Vistar subsidiary is supplying 700 GlobalWave MT2000 satellite data communication terminals for use […]
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Harris Delivers Weather Data
Harris [NYSE:HRS], a Melbourne, Fla.-based supplier of weather data processing systems to the U.S military and other government agencies, has signed a contract to provide U.S. mobile forces with real-time […]
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Globalstar Restructures In Canada
Globalstar Canada Satellite, the Mississauga, Canada-based provider of global mobile satellite telecommunication services in Canada, has acquired all the shares of Globalstar Canada Holding from Shaw Communications [NYSE:SJR]. Globalstar Canada […]