DLA Chairman Warns Of Bankruptcy Threat
DirecTV Latin America (DLA) Chairman Kevin McGrath admitted to SATELLITE TODAY that the company has its work cut out to avoid going into bankruptcy protection. “I think the chance we...
Author: Staff Writer
Aether Partners to Launch GeoLogic Asset Monitoring System
Aether Systems [Nasdaq: AETH] (Owings Mills, Md.) , in partnership with TransCommunications (Chattanooga, Tenn.), a provider of business telecom products for the transportation industry, and the Mobilacomm Eagle division of...
XM To Close $475 Million Financing Package
XM Satellite Radio [Nasdaq: XMSR] has received tenders and consents from a majority of the outstanding 14 percent senior secured notes due 2010. In addition, XM has received the necessary...
Liberty Satellite To Acquire Most of Astrolink Venture For $46 Million
Liberty Satellite & Technology, a majority owned entity of Liberty Media [NYSE: L], has reached an agreement with Lockheed Martin [NYSE: LMT], Northrop Grumman‘s [NYSE: NOC] Space & Mission Systems...
Starz Encore Renews Satellite Capacity With PanAmSat
Starz Encore Group and its sister company, International Channel Networks, have renewed satellite capacity contracts with PanAmSat [Nasdaq: SPOT]. As part of the agreement, Starz Encore (Englewood, Colo.) and International...
Space Imaging Receives NIMA Contract for Commercial
Space Imaging has been awarded a multi-year satellite imagery capacity contract by the U.S. Defense Department’s National Imagery and Mapping Agency (NIMA). Under terms of the contract, NIMA would acquire...
TOMRA Selects Field Service Management Solution from Nexterna
TOMRA East, a division of TOMRA North America (Stratford, Conn.), a provider of automated recycling systems for collecting used beverage containers, will deploy Nexterna‘s (Omaha, Neb.) Clearview field service management...
Vistar To Provide Satellite Tracking Capability for Thermo King
NSI Global‘s [Toronto: NGL] Vistar unit has signed a value-added reseller agreement with Thermo King, a unit of Ingersoll- Rand [NYSE: IR], and has received an initial order from Thermo...
ORBIMAGE Reach Bankruptcy Accord With Creditors, Parent
Orbital Imaging (ORBIMAGE) has signed a non-binding agreement with its unsecured creditors and its parent, Orbital Sciences [NYSE: ORB], that will allow it to emerge from Chapter 11 bankruptcy protection....
European Commission, ESA Debate Space Policy
With the release this week of a “green paper” on the European Union‘s space policy, the European Commission and the European Space Agency are preparing to debate the future direction...