Author: Staff Writer

PanAmSat's Revenues Slip

While 2002 revenues slipped, PanAmSat Corp.’s [SPOT] cost-cutting during the past year helped the company to achieve slightly improved profitability, company officials reported Tuesday. The company posted 2002 revenues of...

Lufthansa's In-flight Internet

Passengers aboard a Lufthansa Boeing 747-400 can now use laptops to gain high-speed connections to the Internet, including full access to their personal or business e-mail accounts and files. As...

New Skies Expands In Asia-Pacific

New Skies Satellites [NSK] and REACH, an international carrier of voice, private line and IP data services, have signed an agreement that will combine the capabilities of New Skies’ newly...

Spacenet To Provide Lottery VSATs

Gilat Satellite Networks Ltd.’s [GILTF] subsidiary Spacenet Inc. has signed multiple agreements with global lottery services provider GTECH Corp. to install more than 10,000 Gilat Skystar Advantage broadband satellite communications...

Inforetech Signs With Satellite Golf

Inforetech Wireless Technology Inc., a supplier of Global Positioning System technology for the golf industry, announced that Satellite Golf Inc. had acquired distribution rights for its products in Nevada and...

Space Imaging Signs Up Raytheon

Space Imaging has signed up Raytheon Australia, a unit of U.S.-based Raytheon [RTN], as a master reseller of Space Imaging’s products and services, including imagery from its earth imaging satellite...

Boeing Joins MUOS Team

Lockheed Martin [LMT] and General Dynamics [GD] have added Boeing Satellite Systems to their team competing to develop the U.S. Navy’s next generation narrowband tactical satellite communications system, known as...

New Globalstar Investor Accepts Big Risk

New Valley Corp. [Nasdaq: NVAL], an investment firm primarily focused on the real estate business, has committed to give bankrupt satellite phone service provider Globalstar much-needed debtor-in-possession financing as the...