Author: Staff Writer

Loral Space and Communications cut its net loss to $25.2 million in the third quarter 2005, down from a loss of $31.4 million in the same period a year ago,...

Echostar Communications Corporations and its Dish Network announced Nov. 9 that it has acquired the rights to broadcast all Pakistani cricket home games in the United States for the remainder...

The Intelsat–Panamsat merger took its first step toward completion in late October when Panamsat shareholders approved the deal, Intelsat CEO David McGlade said during a Nov. 10 conference call with...

The European Union (EU) reached an agreement with the Kingdom of Morocco to participate in the Galileo satellite navigation program, the EU announced Nov. 8. The agreement will cover industrial...

Com Dev International Ltd., announced Nov. 10 its will spend up to Cdn. $10 million ($8.4 million) to buy back up to 10 percent of the company’s stock on the...

Iridium Satellite LLC reported that the number of subscribers to its mobile satellite service has grown 30 percent from the beginning of 2005 to Nov. 1. Revenues also are up...

Worldspace Inc. said its wholly owned subsidiary Worldspace India Pvt. Ltd. signed a memorandum of understanding with Webel Mediatronics Ltd. to explore technology transfer for the assembly, installation and commissioning...

Lockheed Martin said Nov. 8 it delivered the second of eight GPS Block 2R satellite to Cape Canaveral Air Force Station, Fla., where it will be readied for a scheduled...

Globecomm Systems Inc. said Nov. 11 it entered into a loan modification agreement with Silicon Valley Bank to increase Globecomm’s existing working capital line of credit from $16.5 million to...

Microspace Communications Corp., a provider of point-to-multipoint satellite services, said Nov. 7 it provided digital delivery for the Disney feature film “Chicken Little” Nov. 4 via its Velocity satellite service...