Author: Staff Writer

Connectivity

Orbiting Wall Street

Sirius Reports Record Revenue, Subscriber Growth In 2005 Sirius Satellite Radio recorded revenue of $242.2 million in 2005, compared to revenue of $66.9 million in 2004, the company reported Feb....

Echostar 10 Launched

The Echostar 10 telecommunications satellite, designed and built by Lockheed Martin for Echostar Communications Corp. was launched Feb. 15 aboard a Sea Launch Zenit-3SL launch vehicle. Based on Lockheed Martin’s...

Eutelsat Sees Solid Revenue Increase

Eutelsat Communications has announced revenues of 395 million euros ($470.5 million) for the six months ended Dec. 31. This represents an increase of about 6.5 percent compared to the same...

XM Loss Grows, Director Resigns

XM Satellite Radio Holdings Inc. posted a larger loss as higher programming and marketing cost offset revenue gains, the company said Feb. 16. XM posted a loss of $666.7 million...

Iridium Introduces Vessel Tracking Service

Global Marine Networks LLC unveiled an automatic vessel tracking service that uses the Iridium satellite system to transmit location reports from ship to shore, Iridium announced Feb. 14. The XGate...

Satterlee Named CEO Of GPS Services Company

Herb Satterlee, the former CEO and chairman of Digitalglobe, has been named CEO of Novariant, which supplies GPS-based positioning products for industrial users, Novariant announced Feb. 14. “It is an...