Author: Staff Writer

SpaceX Fires Rocket Engine

El Segundo, Calif.-based Space Exploration Technologies (SpaceX), founded by Internet entrepreneur Elon Musk, has successfully test fired the company’s Falcon rocket main engine. “Satellites and spacecraft urgently need a more...

NASA Buys Integral System

The National Aeronautics and Space Administration has purchased Integral’s [ISYS] SKYLIGHT ground terminal system for receiving and processing satellite Earth science data. The system includes a receiver and data processing,...

SES Global Boosts Revenues, Incurs Profit Dip

SES Global [Luxembourg: SESG], the world’s largest satellite operator, increased its revenues by 1.38 billion euros ($1.47 billion), or 38 percent, from 2001 to 2002. The company’s profit, however, dipped...

Sirius CFO Resigns To Take Another Post

John Scelfo, Sirius Satellite Radio‘s [Nasdaq: SIRI] chief financial officer, is leaving the company April 6 to join a company outside the satellite industry. Scelfo played a key role in...

DirecTV LA Targets Programmers

Programmers that were unable to re-negotiate contract terms with money-losing DirecTV Latin America may have lost leverage last week after the company filed for Chapter 11 bankruptcy protection. The question...

EchoStar Gambles On Insurance

The soaring cost of space insurance has convinced EchoStar Communications [SPOT] that buying coverage for its eight in-orbit satellites is not worth the price. According to documents filed with the...

Launch Demand Forecasts Skew Upward

By Roger Rusch Although there is great concern about weak demand within the launch services industry, there are brighter prospects ahead. In a few years, a new cycle of satellite...