Author: Staff Writer

XM To Raise $150M In Share Offering

XM Satellite Radio Holdings [Nasdaq: XMSR] plans to issue 11.3 million shares of its Class A common stock for sale to Baltimore-based institutional investors Legg Mason Funds Management, Legg Mason...

EchoStar Redeems Senior Notes

EchoStar Communications [Nasdaq: DISH] confirmed that effective Sept. 3, 2003, its subsidiary, EchoStar DBS Corp., completed the redemption of $245 million principal amount of its 9 1/8 percent senior notes...

ViaSat, VSE Ink $1.5 Million Terminal Deal

Carlsbad, Calif.-based ViaSat‘s LINKWAY satellite terminals will be used by U.S. military camera crews to securely transmit video and still imagery from combat positions to headquarters, to command locations in...

Frost Named VP at GlobeCast

Satellite broadcast provider GlobeCast America has appointed Mary Frost as senior vice president of sales. In her new position, Frost will be responsible for overseeing both domestic and international sales...

Alaska Station Buys Norsat Units

Alaska’s largest TV station and Anchorage’s NBC affiliate KTUU has purchased Norsat International’s NewsLink portable satellite terminal. With this purchase, KTUU ends a three- year search to find satellite technology...

Lockheed Adds GPS Partners

Lockheed Martin [NYSE: LMT] announced that Raytheon [NYSE: RTN], ITT [NYSE: ITT] and General Dynamics [NYSE: GD] have joined its team to develop the GPS III, the U.S. Air Force’s...

Merrimac Gets Boeing GPS Order

Merrimac Industries [AMEX: MRM] has signed a deal with Boeing [NYSE: BA] that could reach a value of $4.4 million to supply its Beamforming Networks and RF/Microwave signal processing components...