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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 […]
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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) […]
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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 […]
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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 […]
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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 […]
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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] […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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. […]
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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 […]
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Rosetta Satellite Will Target Another Comet
A decision Tuesday to delay the launch of the European Space Agency‘s (ESA) Rosetta scientific satellite will require the selection of another comet for the spacecraft to target for a […]
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Preparing For The Impending Spectrum War
By Maury Mechanick Juxtaposition of the words “spectrum” and “war” is nothing new. Battles over who gets what spectrum have been waged since the time of Marconi. What is different […]
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Lockheed Martin/General Dynamics Add Boeing To MUOS Team
Lockheed Martin [NYSE: LMT] and General Dynamics [NYSE: GD] have added Boeing Satellite Systems to their team competing to develop the U.S. Navy‘s next generation narrowband tactical satellite communications system, […]
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What Does 2003 Hold?
In the end 2002 proved to be a quiet year. Despite endless talk, there was little consolidation, and certainly not any major groundbreaking deals that could be described as a […]
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Space Imaging Signs Raytheon Australia As Reseller
Space Imaging has signed up Raytheon Australia, a unit of U.S.-based Raytheon [NYSE: RTN], as a master reseller of Space Imaging’s products and services including imagery from its earth imaging […]
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BSkyB Hopes To Replicate UK Success In Ireland
With BSkyB doing so well in the United Kingdom, its Irish arm is sometimes overlooked. But, the Irish satellite broadcaster is putting pressure on cable TV players and is showing […]
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New Skies Expands Asia-Pacific Offerings
New Skies Satellites [NYSE: NSK] and REACH, a Hong Kong-based international carrier of voice, private line and IP data services, have signed an agreement that will combine the capabilities of […]