Author: Staff Writer

Globecomm Gets $15M Contract

Globecomm Systems [GCOM], a provider of satellite-based communications, received a $15 million contract to provide satellite infrastructure to a European customer. Under the terms of the contract, Globecomm will modernize...

UniTracking VTU Expands GPS Cellular Coverage

UniTracking VTU, a division of Kabu Concept Marketing, has increased coverage for UniTracking VTU, its Global Positioning System and cellular vehicle tracking and monitoring device. Coverage is now available in...

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...