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Elektra Plans To Expand VSAT Network
Elektra, a Mexican-based home appliance retailer, plans to expand its VSAT network with the help of Israel’s Gilat Satellite Networks [Nasdaq: GILTF]. Elektra’s network provides internal connectivity services to its […]
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American Wireless Expands Role With EchoStar
Campbell, Calif.-based American Wireless, a North American wireless retail distributor, has agreed to begin selling the satellite TV services of EchoStar Communications [Nasdaq: DISH] and its DISH Network nationally, rather […]
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Hughes Revenues Rise, While One-time Charge Spurs Bottom-line Decline
El Segundo, Calif.-based Hughes Electronics [NYSE: HS] reported that its fourth quarter 2003 revenues rose more than 20 percent to $2.95 billion, on the strength of rising subscriber gains and […]
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DirecTV Appoints New Senior Executive
El Segundo, Calif.-based DirecTV, the largest U.S. satellite television services provider, added to its executive team by naming Richard Slenker to become its executive vice president of technology and engineering […]
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Metro Fuel Chooses Satellites for Tanker Control and Security
Satellite Security, a San Diego-based company that provides secure Global Positioning System (GPS) services, has signed a pact to monitor oil tankers for New York-based Metro Fuel Oil. No financial […]
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EGNOS Undergoes Test in China Before Mid-Year Launch
The European Geostationary Navigation Overlay System (EGNOS), designed to improve the accuracy of satellite global navigation systems, is now undergoing tests prior to service launch in the middle of the […]
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Cisco, Surrey Deploy Router in Space
VIENNA, Va. — U.S.-based Cisco Systems [NYSE: CSCO] and British small satellite manufacturer Surrey Satellite Technology have successfully launched and deployed a “router in space.” The Cisco-supplied router is part […]
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Gilat Introduces Next Generation of SkyEdge
Gilat Satellite Networks [Nasdaq: GILTF], an Israeli-based satellite communications company, has developed a new generation of products called the SkyEdge family. The SkyEdge product family includes a series of VSAT […]
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Sirius, Standard Team To Offer Satellite Radio In Canada
Standard Radio, a Toronto-based radio broadcasting company, is the latest partner to team up with New York-based Sirius Satellite Radio [Nasdaq: SIRI] in an attempt to bring satellite radio to […]
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New Skies Satellites Unveils New Teleport In Greece
New Skies Satellites N.V.[AEX, NYSE: NSK], a global satellite communications company based in The Hague, Netherlands, introduced a new teleport in Athens, Greece, to become the company’s primary European gateway […]
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Integral Systems Boosts Financial Performance
Lanham, Md.-based Integral Systems [Nasdaq: ISYS] notched a 2.5 percent rise in revenues for the first quarter of fiscal 2004 to reach $20.1 million, up from $19.6 million in the […]
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SPACEHAB’s Financial Performance Is Hurt By Suspension Of Space Shuttle Flights
Houston-based SPACEHAB‘s [Nasdaq: SPAB] revenue for the second fiscal quarter of 2004, excluding a $17.5 million long-term contract prepayment, decreased by approximately 46 percent from the prior year’s quarterly revenue […]
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ITT Agrees To Buy Remote Sensing Systems For $725 Million
White Plains, N.Y.-based ITT Industries [NYSE: ITT] signed a definitive agreement to purchase the Remote Sensing Systems (RSS) business from Eastman Kodak Co. [NYSE: EK] for $725 million to significantly […]
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Intelsat Sees Opening For IPO
Intelsat is preparing to pursue its long-anticipated initial public stock offering (IPO) at a time when the market for such transactions appears to be recovering. The plan is for Intelsat […]
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PanAmSat Shows The Money
Joe Wright, the president and CEO of Wilton, Conn.-based PanAmSat [Nasdaq: SPOT], characterized his company during last week’s earnings conference call as the world’s top-performing and best-positioned fixed satellite services […]
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FCC Responds To Trend For Hybrid Services
Hybrid services are changing the shape of the satellite industry and causing a ripple effect in the regulatory arena. Satellite, wireless, wireline, Wi-Fi, and fiber-optic cable technologies are being used […]
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Spotlight: IP Video Aids Mobile Medical System
Satellite-based video services are expected to help save lives through a Houston-based program jointly operated by the U.S. Army, Texas A&M University and the University of Texas Health Science Center […]
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Is the VOIP Revolution Salvation or Armageddon?
By Maury Mechanick As the satellite industry emerges from its most recent downturn, a number of new opportunities and threats loom on the horizon. Among these, voice over Internet Protocol […]
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SS/L CEO Confident Company Will Rebound
Despite bankruptcy at its parent company, Space Systems/ Loral (SS/L) has picked up some key satellite manufacturing orders recently, most notably in October from DirecTV. The turnaround has clearly been […]
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The Satellite News Financial Ticker
Week of Jan. 30 – Feb. 5, 2004 Percentage Change Symbol Feb. 5 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.41 (12.7) […]
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Mayflower Awarded $10.4M Contract To Develop Navy GPS System
Mayflower Communications, a Burlington, Mass.-based developer of GPS and communication data link technologies, has been awarded a small business innovation research Phase III contract totaling $10.4 million from the Naval […]
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Federal FY2005 IT Spending Request Indicates Slow-Growth Trend
President Bush’s fiscal year 2005 budget contains a $59.8 billion request for information technology spending, an increase of less than 1 percent over the previous year’s request, indicating a major […]
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TAMSCO Gets $17.6M Contract To Support Iraqi Authority
Engineered Support Systems‘ [Nasdaq: EASI] subsidiary Technical and Management Services Corp. (TAMSCO) of Calverton, Md., has been awarded a contract to support Iraq’s Coalition Provisional Authority (CPA) in command and […]
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Consortia Short-Listed For Galileo Concession
A number of consortia have been short-listed for the Galileo satellite navigation system concession. One consortium is led by Alcatel [NYSE: ALA] and includes Finmeccanica and VICNI Concessions. Another consortium […]
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ILS Launches AMC-10 Bird Into Orbit
International Launch Services launched the AMC-10 satellite Thursday at 6:46 p.m. (EST) on board an Atlas IIAS rocket from Cape Canaveral, Fla. The satellite is an A2100 model, built by […]
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Canada To Develop C$140M Multipurpose Satellite
The Canadian Space Agency and Industry Canada announced Friday that they will develop a multipurpose satellite called CASSIOPE, which will require the building of a satellite platform adaptable for a […]
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Correction
The story on EchoStar’s new Spanish-language programming in the Feb. 4 issue of SATELLITE TODAY misspelled the name of the country Colombia. We regret the error.
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Samsung Develops Satellite Chip for Mobile Phones
Samsung Electronics, a Seoul-based manufacturer of electronic products, has completed development of a satellite digital media-broadcasting (DMB) chip for mobile phones and automobiles. The satellite DMB chip is able to […]
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Gencom Partners with Helius In Australasian Market
New Zealand-based Gencom Technology has teamed up with Helius, a Lindon, Utah-based broadband IP over satellite provider, to provide satellite-based broadband to the Australasian market. The two companies will offer […]
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Merrimac Receives $1.1M GPS Order from Boeing
Merrimac Industries [AMEX: MRS], a West Caldwell, N.J.-based manufacturer of RF microwave components, has received a $1.1 million order from Boeing [NYSE: BA] to supply beamforming networks and RF microwave […]