Author: Staff Writer

RTN Ready To Break Down MPEG-4 Barriers

Racetrack Television Network (RTN) is getting set to launch a MPEG-4 AVC-based standard definition satellite TV service that will allow RTN to add up to 60 channels to its lineup...

Advantech AMT Acquires Microwave Operation

Advantech AMT, a manufacturer of satellite and terrestrial wireless communication equipment, announced Sept. 9 that it reached an agreement with Powerwave Technologies to purchase Powerwave’s Microwave operation in Gothenberg, Sweden....

Globecomm Receives Contract From Raytheon

Globecomm Systems Inc. will provide satellite communications support to the National Weather Service under a subcontract from Raytheon, Globecomm announced Sept. 15. Under the contract, Globecomm will support the Advanced...

Weida Communications Appoints CFO

Weida Communications Inc. appointed Richard Szekelyi the company’s CFO, Weida announced Sept. 15. Szekelyi most recently owned and managed Navigent Group, a business and financial management company providing business, financial...

Report: Orbimage May Buy Space Imaging

Orbimage Inc. is close to buying rival satellite imagery company Space Imaging, according to a report in the Rocky Mountain News. The price was reported as being between $50 million...

Spacedev Makes Secured Loan to Starsys

Spacedev made a secured loan to Starsys Research Corp., which previously had entered into a non-binding letter of intent with Spacedev concerning a potential transaction, Spacedev announced Sept. 15. In...

RTN Ready To Break Down MPEG-4 Barriers

Racetrack Television Network (RTN) is getting set to launch a MPEG-4 AVC-based standard definition satellite TV service that will allow RTN to add up to 60 channels to its lineup...