Author: JJ McCoy

Norsat Becomes Debt Free

Norsat International Inc. made a final payment on its $1 million short-term debt, the company announced May 31, marking the first time since 1983 that the company had been debt-free....

Manufacturing Problems Delay TerreStar-1 Launch

Space Systems/Loral (SS/L) notified TerreStar Networks Inc. that delivery of the TerreStar-1 satellite has been delayed by 10 months, with a new delivery date scheduled for August 2008, TerreStar announced....

TCS Receives WWSS Order

TeleCommunication Systems Inc. (TCS) has received a contract to provide satellite hardware to the Program Management Defense Communications and Army Transmission System team under the World Wide Satellite Systems (WWSS)...

Yes Slices First Quarter Loss In Half

Israeli direct-to-home operator Yes has seen slow subscriber growth throughout the past 12 months, but reduced its overall losses. Yes had 542,000 subscribers at the end of March, an increase...

Microwave Satellite Technologies Raises $9.1 Million

Telkonet Inc. subsidiary Microwave Satellite Technology Inc.  (MST) closed a $9.1 million private placement, MST announced May 30. MST offers quadruple-play services, including satellite TV service, to multi-tenant unit and...

GlobeCast Launches WorldTV DTH In Europe

GlobeCast’s direct-to-home (DTH) satellite brand, WorldTV, has expanded into Europe with the launch of a new bouquet of seven South Asian channels on the Intelsat 905 satellite at 35.5° East,...