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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 […]

  • 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. […]

  • 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 […]

  • 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 […]

  • The Satellite News Financial Ticker

    Week of January 13 – 17, 2003 Percentage Change Symbol Jan. 16 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.79 7.2 (3.2) […]

  • PanAmSat’s Revenues Slip

    While 2002 revenues slipped, PanAmSat Corp.’s [SPOT] cost-cutting during the past year helped the company to achieve slightly improved profitability, company officials reported Tuesday. The company posted 2002 revenues of […]

  • Lufthansa’s In-flight Internet

    Passengers aboard a Lufthansa Boeing 747-400 can now use laptops to gain high-speed connections to the Internet, including full access to their personal or business e-mail accounts and files. As […]

  • New Skies Expands In Asia-Pacific

    New Skies Satellites [NSK] and REACH, an international carrier of voice, private line and IP data services, have signed an agreement that will combine the capabilities of New Skies’ newly […]

  • Spacenet To Provide Lottery VSATs

    Gilat Satellite Networks Ltd.’s [GILTF] subsidiary Spacenet Inc. has signed multiple agreements with global lottery services provider GTECH Corp. to install more than 10,000 Gilat Skystar Advantage broadband satellite communications […]

  • Inforetech Signs With Satellite Golf

    Inforetech Wireless Technology Inc., a supplier of Global Positioning System technology for the golf industry, announced that Satellite Golf Inc. had acquired distribution rights for its products in Nevada and […]

  • Space Imaging Signs Up Raytheon

    Space Imaging has signed up Raytheon Australia, a unit of U.S.-based Raytheon [RTN], as a master reseller of Space Imaging’s products and services, including imagery from its earth imaging satellite […]

  • UniTracking VTU Expands GPS Cellular Coverage

    UniTracking VTU, a division of Kabu Concept Marketing, has increased coverage for UniTracking VTU, its Global Positioning System and cellular vehicle tracking and monitoring device. Coverage is now available in […]

  • Lockheed Martin To Keep ‘Streamlined’ Commercial Space Systems

    After an analysis of its “strategic options” regarding its Commercial Space Systems unit, Lockheed Martin [NYSE: LMT] has decided not to sell or close it. “Rather than aligning [the unit] […]

  • DirecTV Guidance For 2003 Belies Upside Potential

    The 2003 outlook for Hughes Electronics [NYSE: GMH] subsidiary DirecTV Inc. is more promising that the company’s conservative guidance would suggest, concluded Karim Zia, the cable and satellite analyst with […]

  • Study Predicts Ka-band Capacity Will Triple

    A new study about planned Ka-band satellite systems projects that 190 transponders will be available to provide broadband services by the end of 2004. The 42 commercial Ka-band transponders in […]

  • New Globalstar Investor Accepts Big Risk

    New Valley Corp. [Nasdaq: NVAL], an investment firm primarily focused on the real estate business, has committed to give bankrupt satellite phone service provider Globalstar much-needed debtor-in-possession financing as the […]

  • Mexico, Canada Negotiate FSS Coordination Agreement

    The Mexican government and Mexican satellite operator Satelites Mexicanos (Satmex) are holding talks with the Canadian government and Canadian satelliteoperator Telesat Canada to reach a new coordination agreement for fixed […]

  • BSM Enters Vehicle Security and GPS Tracking Market

    Canada’s BSM Technologies Inc. [Toronto: BSM] announced Thursday that it plans to enter the commercial vehicle security and safety market with a line of wireless products and software offerings. BSM’s […]

  • Inforetech Wireless Signs $3.75M Distribution Accord With Satellite Golf

    Inforetech Wireless Technology Inc., a supplier of Global Positioning System technology for the golf industry, announced that Satellite Golf Inc., had acquired distribution rights in Nevada and first rights of […]

  • Spacenet To Provide GTECH With VSATs for State Lottery Systems

    Gilat Satellite Networks Ltd.’s [Nasdaq: GILTF] subsidiary Spacenet Inc. has signed multiple agreements with global lottery services provider GTECH Corp. to install more than 10,000 Gilat Skystar Advantage broadband satellite […]

  • DirecTV Begins Offering Local Signals In Richmond

    Hughes Electronics [NYSE: GMH] satellite TV subsidiary DirecTV Inc. on Thursday began offering local broadcast channels in the Richmond, Va., market to subscribers who request the upgrade. Richmond is the […]

  • Lufthansa Begins In-flight Internet Service Trial For Passengers

    Passengers aboard a Lufthansa [OTC: DLAKY] Boeing 747-400 can use laptops to gain high-speed connections to the Internet, including full access to their personal or business e-mail accounts and files. […]

  • XM Reduces Threshold Of Approval Needed For Refinancing

    XM Satellite Radio [Nasdaq: XMSR] will be able to reduce the minimum participation of its existing noteholders in its refinancing plan from 90 percent to 75 percent, following approval of […]

  • Hughes Global Services Soon May Be Owned By PanAmSat

    In an effort to tap into the growing satellite capacity needs of the U.S. government, PanAmSat Corp. [Nasdaq: SPOT] is planning on acquiring sister company Hughes Global Services (HGS). PanAmSat, […]

  • PanAmSat’s Revenues Slipped As Cost-Cutting Accelerates

    While 2002 revenues slipped, PanAmSat Corp.‘s [Nasdaq: SPOT] cost-cutting during the past year helped the company to achieve slightly improved profitability, company officials reported Tuesday. The company posted 2002 revenues […]

  • Transponder Monitor

    A = Analog D = Digital 80 degreesE: Express 6A D New Year greetings were displayed in a caption on the Russian Far East feed circuit on 3975 MHz RHCP, […]

  • Norway’s Nera Targets Further Gateway Deals

    Norwegian satellite manufacturer Nera, which signed a $16.6 million contract to supply deliver 18 gateways to Shin Satellite in Asia, hopes to tie-up similar deals in the near future. The […]

  • Eutelsat CEO: Everything Comes With A Price

    European fixed satellite service (FSS) operator Eutelsat has rarely been out of the headlines in recent months. Last month, it saw the Ariane 5 fail to place its HOT BIRD […]

  • Nozzle Defect Responsible For Ariane 5 Launch Failure

    Arianespace hopes to have its enhanced Ariane 5 rocket back in service during the second half of this year. This follows the release of an inquiry board’s results into the […]

  • FTI, SES Ink Partnership

    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 […]