Author: Staff Writer

Societe Europeenne des Satellites (SES), the Luxembourg-based operator of the Astra satellite system, reported a profit of $97.8 million, or $2.63 per share, on total revenues of $347.4 million for...

Mission control specialists were all smiles as the Space Shuttle Orbiter Atlantis touched down at Cape Canaveral Air Station, Fla., Sept. 20 at 3:56 a.m. EDT bringing the STS- 106...

Some industry analysts concur that the next decade will yield minor growth for business ventures within the remote sensing industry. According to the Teal Group‘s study The Commercial Earth Imaging...

In addition to management reorganization efforts that are under way, future NASA space science projects simply will need more money if they are to avoid failures like the ones that...

In another shrewd financing move by Globalstar Telecommunications Ltd. [GSTRF], the company has secured an additional $105 million. The company earlier this week (Sept. 19) announced that it has entered...

It seems like Wall Street was ready for Orbcomm’s filing for Chapter 11 Bankruptcy protection, at least in terms of how it affected one of its parent companies – Orbital...

The calling capacity of the Asia Cellular Satellite’s Garuda 1 mobile services satellite “is likely to be limited by an antenna-related anomaly discovered…during testing by its manufacturer, Lockheed Martin Corp.”...

Hughes Space and Communications Co. [GMH] will build at least three additional satellites for New ICO, the reorganized and refinanced company that has emerged from the bankrupt ICO Global Communications....

Gilat-To-Home Inc. has a new name, StarBand Communications, but its plan to become America’s first consumer, two-way, high-speed satellite Internet service remains the same. The McLean, Va.-based company said the...

Lockheed Martin Corp. [LMT] has agreed to sell about one-third of its equity interest in Inmarsat Ventures Ltd. to Telenor, the largest Norwegian carrier, for more than $100 million. Lockheed...