Author: Staff Writer

Globecomm Systems [Nasdaq: GCOM], a provider of end-to-end satellite-based communications, entered into three agreements that involve two satellite equipment contracts for $2.3 million and a separate deal to turn OneTouch...

The planned launch Sunday night of Boeing‘s [NYSE: BA] Delta IV rocket from Cape Canaveral, Fla., was rescheduled for tonight after a forecast of 50 mph winds last night caused...

The European Aeronautic Defence and Space Co. [Amsterdam: EAD] is eliminating 1,700 jobs at its Space Division. The division reported a loss of 268 million euros ($296 million) in 2002...

Gilat Satellite Networks [Nasdaq:GILTF] on Monday announced the resignations of its co-founders, Chairman and CEO Yoel Gat and President Amiram Levinberg. The resignations will take effect at the April meeting...

Insuring satellites and launchers is becoming increasingly difficult as underwriters charge ever-higher prices and insist upon broad exclusions for certain risks. Satellite operators and insurance brokers are looking for ways...

Hughes Electronics [GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication (HSC), have agreed to jointly pay a $32 million penalty to the U.S. Department of State to resolve...

By Michelle Dickey The U.S. government’s National Institute of Standards and Technology (NIST) recently released a study indicating that software errors cost the U.S. economy $59.5 billion yearly. These findings...

M2sat Ltd. and Thuraya Satellite Telecommunication Co. are teaming up to offer mobile broadband services at speeds of 192 Kbps to the international broadcasting industry and other high capacity users...

WASHINGTON, D.C. – “Meet your milestones.” That was the message the Federal Communications Commission’s Thomas Tycz conveyed to executives from companies planning to offer Ka- band broadband satellite services at...

Hughes Electronics [GMH] has avoided expenditures of up to $1 billion by terminating its broadband alliance with struggling America Online, a unit of AOL Time Warner [AOL]. Had Hughes maintained...