Author: Staff Writer

ORBIMAGE Rises From Bankruptcy

The prospects for Dulles, Va.-based ORBIMAGE are brightening, and they could take a major leap forward if it wins the second NextView contract the U.S. government is expected to award...

Ventures Offer Respectable Returns

The high-profile failure of low-Earth-orbit (LEO) satellite voice services left the industry saddled with a reputation among many large investors that it posed inordinate risks. Funding for many ventures dried...

SatCon Announces $3 Million In New Contracts

SatCon Technology Corp. [SATC] executives report the company’s Electronics division received more than $3 million in new contracts during the last financial quarter, including a $640,000 order for system-level assemblies...

EC Research Commissioner Outlines Goals

Philippe Busquin, the European Research Commissioner for the European Commission (EC), outlined the importance space applications will have in Europe. He commented to Satellite Today, “Space applications will have a...

SpaceDev Wins $43 Million Contract

SpaceDev [SPDV] inked a five-year, $43-million, cost-plus-fixed fee indefinite delivery/indefinite quantity contract by the Missile Defense Agency. Under the terms of the contract, SpaceDev will conduct a micro-satellite distributed-sensing experiment,...

iSECUREtrac Names New President

iSECUREtrac Corp. [ISRE] management named Thomas Wharton the company’s president and CEO following the retirement of James Stark, who was the company’s president.

XM Notches Strong 1Q Subscriber Gains

Washington, D.C.-based XM Satellite Radio [XMSR] topped Wall Street forecasts by boosting its subscriber total to more than 1.68 million at the end of the first quarter. XM netted more...

ESOA Elects Chairman, Sets 2004 Agenda

The European Satellite Operators’ Association (ESOA) General Assembly elected New Skies Satellites CEO Dan Goldberg as its chairman for a one-year term. He succeeds Eutelsat CEO Giuliano Berretta. Telespazio CEO...