Author: Staff Writer

ILS to Launch Malaysian Satellite

International Launch Services (ILS), a joint venture of Lockheed Martin [NYSE: LMT] and two Russian companies, has signed a contract with Malaysia’s Binariang Satellite Systems to launch the MEASAT-3 communications...

Globecomm, SkyStream Link Up

Globecomm Systems [Nasdaq: GCOM] has inked a deal with SkyStream Networks to use the video networking systems provider’s Mediaplex Video Services Platform to offer new video and data satellite services...

Virginia Tech Evaluates SiriCOMM Network Technology

Virginia Tech Transportation Institute (VTTI) is evaluating SiriCOMM‘s [OTC BB: SIRC] network technology for use within state Intelligent Transportation System (ITS) infrastructure. A SiriCOMM network has been installed since early...

GlobeTrac Closes $750,000 Financing Deal

GlobeTrac [OTCBB:GBTR], a London-based supplier of telematics and tracking services, has completed a non-brokered private placement that raised $750,000 at $1.00 per unit. Each unit consists of one share of...

Noteworthy

The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up...

Loral Skynet Inks Deal With Rede TV

Loral Skynet do Brasil Ltd., a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar...

Sirius, Antex Electronics Unveil New Receiver

Sirius [Nasdaq: SIRI] and equipment manufacturer Antex Electronics have introduced what they say is the world’s first satellite radio specifically designed for use in multi-room, multi-zone audio systems. The companies...

EchoStar Completes Redemption of 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...