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Hughes Electronics [GMH] has avoided expenditures of up to $1 billion by terminating its broadband alliance with struggling America Online, a unit of AOL Time Warner [AOL]. Had Hughes maintained […]

EchoStar Communications [DISH] won praise from Wall Street satellite analysts and may well have caught the attention of cable TV operators by netting approximately 400,000 new subscribers during the fourth […]

Week of Feb. 28 – March 6, 2003 Percentage Change Symbol March 6 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.60 2.6 […]

Americom Government Services, a wholly-owned subsidiary of SES Global [Luxembourg: SESG] unit SES Americom, won a federal satellite communications services contract from the General Services Administration. Terms were not disclosed. […]

Through its Dutch distributor, Thrane & Thrane of Denmark will deliver 27 Capsat Fleet77 terminals to P&O Nedlloyd, a global shipping and international logistics company. This will result in 27 […]

Globecomm Systems [Nasdaq: GCOM], a provider of end-to-end satellite-based communications, entered into three agreements that involve two satellite equipment contracts for $2.3 million and a separate deal to turn OneTouch […]

The planned launch Sunday night of Boeing‘s [NYSE: BA] Delta IV rocket from Cape Canaveral, Fla., was rescheduled for tonight after a forecast of 50 mph winds last night caused […]

The European Aeronautic Defence and Space Co. [Amsterdam: EAD] is eliminating 1,700 jobs at its Space Division. The division reported a loss of 268 million euros ($296 million) in 2002 […]

Gilat Satellite Networks [Nasdaq:GILTF] on Monday announced the resignations of its co-founders, Chairman and CEO Yoel Gat and President Amiram Levinberg. The resignations will take effect at the April meeting […]

Insuring satellites and launchers is becoming increasingly difficult as underwriters charge ever-higher prices and insist upon broad exclusions for certain risks. Satellite operators and insurance brokers are looking for ways […]

Hughes Electronics [GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication (HSC), have agreed to jointly pay a $32 million penalty to the U.S. Department of State to resolve […]

By Michelle Dickey The U.S. government’s National Institute of Standards and Technology (NIST) recently released a study indicating that software errors cost the U.S. economy $59.5 billion yearly. These findings […]

M2sat Ltd. and Thuraya Satellite Telecommunication Co. are teaming up to offer mobile broadband services at speeds of 192 Kbps to the international broadcasting industry and other high capacity users […]

The chief operating officers of both Loral Skynet and Loral Cyberstar are leaving their jobs as part of the integration of the two units of Loral Space and Communications [NYSE: […]

Tandberg Television, a supplier of open-standard products for digital broadcasting, plans to launch its integrated control and monitoring system, nCompass, at the upcoming National Association of Broadcasters 2003 conference. The […]

This year is likely to be a tough year for satellite operators in Latin America, according to Lincoln Oliveira, chief technology officer of Latin American satellite operator Star One. He […]

Satellite phone provider Globalstar LP has been granted final court approval for its $10 million debtor-in-possession (DIP) financing. The court had earlier granted approval on an interim basis, making an […]

The settlement announced this week between Boeing Satellite Systems, Hughes Electronics [GMH] and the U.S. State Department resolving technology transfer violations stemming from Chinese launch failure reviews in 1995 and […]

The Goddard Space Flight Center‘s Ice, Cloud and Land Elevation Satellite (ICESat) has completed testing of its laser altimeter, its final test before full operation. The focus of the operations […]

A Boeing [NYSE: BA] Delta IV rocket is scheduled to launch the first satellite for the U.S. Air Force Evolved Expendable Launch Vehicle program on Saturday from Cape Canaveral Air […]

Gilat Satellite Networks [Nasdaq:GILTF] has received approval from the Israel District Court in Tel Aviv for its debt-restructuring plan. The court’s approval of the plan, allowing the company to restructure […]

The break-up of an alliance between Hughes Electronics [NYSE: GMH] and America Online appears to be a move to prepare for the eventual sale of Hughes, a non-core business unit […]

Hughes Electronics [NYSE: GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication Co., reached a $32 million settlement with the U.S. Department of State involving claims of technology transfer […]

Motorola [NYSE: MOT] reached an out-of-court settlement that covers all five remaining lawsuits filed against the company by Chase Manhattan Bank due to the financial failure of Iridium LLC, a […]

The strategic alliance forged between Hughes Electronics [NYSE: GMH] and America Online in 1999 has been terminated, Hughes reported in a document filed with the Securities and Exchange Commission. The […]

U.S. aerospace employment has reached its lowest level since 1953, dropping to 689,000 jobs at the end of 2002. Based on the latest data from the Department of Labor‘s Bureau […]

The path is clear for Sirius Satellite Radio [Nasdaq: SIRI] to operate without the financial questions that have followed it in recent months after its debt holders approved a recapitalization. […]

FiberSat Global Services, previously known as McKibben Communications, won a contract from Hotelevision to handle satellite installation services, technical support and installation base management, company officials said. FiberSat Global Services’ […]

ITT Industries [NYSE:ITT] has been awarded a contract by the Department of the Navy‘s Space, and Naval Warfare Systems Command to provide hardware and software for the management and control […]

The Federal Aviation Administration has awarded a contract to Lockheed Martin Air Traffic Management for wide-area augmentation system (WAAS) satellite leased communication services. As the FAA moves toward implementation of […]