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DLA Chairman Warns Of Bankruptcy Threat
DirecTV Latin America (DLA) Chairman Kevin McGrath admitted to SATELLITE TODAY that the company has its work cut out to avoid going into bankruptcy protection. “I think the chance we […]
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Starz Encore Renews Satellite Capacity With PanAmSat
Starz Encore Group and its sister company, International Channel Networks, have renewed satellite capacity contracts with PanAmSat [Nasdaq: SPOT]. As part of the agreement, Starz Encore (Englewood, Colo.) and International […]
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Space Imaging Receives NIMA Contract for Commercial
Space Imaging has been awarded a multi-year satellite imagery capacity contract by the U.S. Defense Department’s National Imagery and Mapping Agency (NIMA). Under terms of the contract, NIMA would acquire […]
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TOMRA Selects Field Service Management Solution from Nexterna
TOMRA East, a division of TOMRA North America (Stratford, Conn.), a provider of automated recycling systems for collecting used beverage containers, will deploy Nexterna‘s (Omaha, Neb.) Clearview field service management […]
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Aether Partners to Launch GeoLogic Asset Monitoring System
Aether Systems [Nasdaq: AETH] (Owings Mills, Md.) , in partnership with TransCommunications (Chattanooga, Tenn.), a provider of business telecom products for the transportation industry, and the Mobilacomm Eagle division of […]
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XM To Close $475 Million Financing Package
XM Satellite Radio [Nasdaq: XMSR] has received tenders and consents from a majority of the outstanding 14 percent senior secured notes due 2010. In addition, XM has received the necessary […]
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Liberty Satellite To Acquire Most of Astrolink Venture For $46 Million
Liberty Satellite & Technology, a majority owned entity of Liberty Media [NYSE: L], has reached an agreement with Lockheed Martin [NYSE: LMT], Northrop Grumman‘s [NYSE: NOC] Space & Mission Systems […]
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Vistar To Provide Satellite Tracking Capability for Thermo King
NSI Global‘s [Toronto: NGL] Vistar unit has signed a value-added reseller agreement with Thermo King, a unit of Ingersoll- Rand [NYSE: IR], and has received an initial order from Thermo […]
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ORBIMAGE Reach Bankruptcy Accord With Creditors, Parent
Orbital Imaging (ORBIMAGE) has signed a non-binding agreement with its unsecured creditors and its parent, Orbital Sciences [NYSE: ORB], that will allow it to emerge from Chapter 11 bankruptcy protection. […]
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European Commission, ESA Debate Space Policy
With the release this week of a “green paper” on the European Union‘s space policy, the European Commission and the European Space Agency are preparing to debate the future direction […]
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NDS CEO Focuses on European, U.S. Markets
NDS CEO Abe Peled outlined the challenges for conditional access vendors this year. NDS is trying to bounce back from a difficult 12 months. Last year, NDS became embroiled in […]
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Satellite Expert Offers Asia Satellite Industry Outlook
HONOLULU–Asia represents one of the world’s largest markets for satellite products and services, with 67 commercial satellites transmitting to a third of the world’s population. Asian satellite operators “may be […]
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Boeing Satellite Systems ‘Re-sizing’ For Future Business
HONOLULU–Boeing Satellite Systems (BSS), the commercial satellite arm of Boeing [NYSE: BA], has used current global market circumstances to “look at what is really core to our business,” President Randy […]
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Eastern European Broadcasters Choose GlobeCast DTH Platform for U.S. Distribution
Serbian network BK TV, Hungarian broadcaster Duna TV, and Poland’s TVP3 have selected the GlobeCast WorldTV direct-to-home platform on Telstar 5 for subscription satellite distribution in the United States. GlobeCast’s […]
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Intelsat Signs Agreement for REACH Teleport in Asia
Intelsat has signed an agreement with REACH, a joint venture between Hong Kong-based PCCW [NYSE: PCW] and Australia’s Telstra Corp. [NYSE: TLS], to lease teleport services from REACH’s Stanley Teleport […]
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Boeing Showcases 2003 Manifest of 20 Launches
HONOLULU–Boeing Launch Services, operator of the Sea Launch and Delta launch vehicle families, has scheduled 20 launches for 2003, BLS vice president Jane Schnaars said here Monday. The 2003 run […]
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Shifting Telecom Tides Slows Development of Digital TV Globally
HONOLULU–Although the global march toward digital television continues, it has slowed down due to global economic woes, which are causing regional and global satellite operators to adjust their sales and […]
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Little Improvement Seen For Beleaguered Launch Services Sector
HONOLULU–As the world’s commercial expendable launch vehicle (ELV) companies struggle to regain their footing following a year of plummeting prices for their services and a series of high-profile rocket failures, […]
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Loral Sees Enough New Asian Business To Stay Busy
HONOLULU–The Asian market will be good for up to six new commercial satellite orders over the next 24 months, according to projections from two key executives of Loral Space and […]
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Rosetta Delay Raises Concerns
The one-of-a-kind Rosetta satellite that was developed to become the first spacecraft to rendezvous with a comet will need to chase a different comet than originally planned. The change in […]
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Ex-Comsat Official Joins Senate Staff
Paul E. Jacobson, vice president of corporate communications for Starz Encore Group LLC, has been named deputy communications director for U.S. Senate Majority Leader Senator Bill Frist (R-Tenn.). Jacobson joined […]
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XM Eyes Big Subscriber Gains
XM Satellite Radio [XMSR] officials expect the company’s subscriber numbers to top 1.1 million by the end of this year. The outlook is buoyed by General Motors [GM] offering XM […]
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Analytical Graphics Expands Alliance
Analytical Graphics Inc. (AGI) has expanded its seven-year strategic alliance with Science Applications International Corp./Advanced Technology Group (SAIC/ATG) of Huntsville, Ala. AGI will assist SAIC/ATG’s business development efforts to define […]
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Spotlight: PanAmSat Prepares For Flag-waving
Increased U.S. government spending on commercial satellite capacity and expected growth in that demand has put Wilton, Conn.-based PanAmSat Corp. [SPOT] on the verge of making an acquisition to pursue […]
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Foundation Telecom, SES Team
Foundation Telecommunications Inc. (FTI) and SES Americom Inc., an SES Global unit, have agreed to a strategic partnership that will enable cable system operators to deliver broadband Internet connectivity. FTI’s […]
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Satellite Radio at CES: Get Ready 2003
LAS VEGAS–At the recent Consumer Electronics Show (CES) here, XM Satellite Radio [XMSR] seemed to have its name on just about every banner, kiosk or bag in sight. However, rival […]
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Delta II Delivers NASA Satellites
A Boeing [BA] Delta II rocket has successfully launched the National Aeronautics and Space Administration’s ICESat (ice, cloud and elevation satellite) and CHIPSat (cosmic hot interstellar plasma spectrometer satellite) from […]
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New Globalstar Investor Faces Significant Risk
A new investor is recognizing the value of the Globalstar handheld satellite phone service. The investor, New Valley Corp. [NVAL], is preparing to pump money into the financially struggling operation. […]
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Globecomm Gets $15M Contract
Globecomm Systems [GCOM], a provider of satellite-based communications, received a $15 million contract to provide satellite infrastructure to a European customer. Under the terms of the contract, Globecomm will modernize […]
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DirecTV Guidance For 2003
The 2003 outlook for Hughes Electronics [GMH] subsidiary DirecTV Inc. is more promising that the company’s conservative guidance would suggest, concluded Karim Zia, the cable and satellite analyst with Deutsche […]