Author: Staff Writer

Orbiting Wall Street

XSR-SV.TO Canadian Satellite Radio (CSR), which operates XM Canada, will raise its monthly price beginning in September in order to offset its financial losses, the company announced July 13. New...

Iridium Doubles Customer Base

Iridium Satellite announced July 12 its satellite communications customer base in the aviation market has more than doubled throughout the past 12 months. At the end of June, the installed...

Raytheon Wins Navy, Air Force Contracts

Raytheon Co. won a contract from the U.S. Navy to provide mission support systems to satellite communications terminals, the company announced July 13. Under the five-year, $75 million contract, Raytheon...

XM Satellite Radio Names New Executives

XM Satellite Radio named Steve Cook executive vice president of automotive, a position created as part of a restructuring the company’s marketing operations, XM announced July 13. Cook will focus...