Author: Staff Writer

[Satellite Today – 5-8-08] Globalstar Inc. saw revenues slip 5 percent in the first quarter of 2008 as operating losses surpassed $11 million, the company announced May 7.     Revenue...

[Satellite Today – 5-8-08] Globecomm Systems Inc. posted an 11 percent increase in revenues for the third quarter of fiscal year 2008, including a 117 percent increase in revenues from...

[Satellite Today – 5-8-08] Norsat International Inc.’s satellite system segment posted a 35 percent decrease in sales for the first quarter of 2008 and a 31.1 percent decrease in gross...

[Satellite Today – 5-8-08] Alliant Techsystems (ATK) Launch Systems division posted a 3 percent increase in sales and a 2 percent increase in operating profit for the fiscal year 2008...

[Satellite Today – 5-8-08] Eutelsat has secured the “largest insurance package ever placed for a satellite operator,” Willis Inspace announced May 7.     The package provides guaranteed premium rates for...

[Satellite Today – 5-8-08] DirecTV Holdings LLC and DirecTV Financing Co. Inc. will offer up to $1.4 billion in senior notes, DirecTV announced May 7.     DirecTV may also offer...

[Satellite Today – 5-7-08] Orbcomm Inc. has signed a $117 million contract with Sierra Nevada Corp. (SNC) to build 18 Orbcomm Generation 2 (OG2) satellites, Orbcomm announced May 7.    ...

[Satellite Today – 5-7-08] MultiChoice Hellas renewed its satellite capacity contract with Eutelsat Communications until 2010 and also signed a contract for a fifth transponder, Eutelsat announced May 6.    ...

[Satellite Today – 5-7-08] Hughes Network Systems Inc. reported a 6 percent increase in total revenue for the first quarter of 2008 to $237.2 million, the company announced May 7....

[Satellite Today – 5-7-08] DirecTV Group Inc. reported a 17 percent increase in revenues and a 17 percent increase in operating profit for the first quarter of 2008, the company...