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New Skies Closes Share Buy Back
New Skies Satellites [NYSE: NSK], the Netherlands-based global satellite communications company, has completed its share repurchase program, acquiring a total of 13,057,024 ordinary shares at a cost of approximately $54.0 […]
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Gilat Inks Deal With Valero
Spacenet, a U.S. subsidiary of Gilat Satellite Networks [Nasdaq: GILTF], has signed a deal with Valero Energy [NYSE: VLO] to provide a broadband satellite communications network for the company’s 4,000 […]
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Integral Systems Acquires Unit
Satellite ground systems provider Integral Systems [Nasdaq: ISYS] signed a pact to buy the intellectual property rights, inventory and other assets of the former Jackson & Tull Satellite Ground Systems […]
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The Satellite News Financial Ticker
Week of Aug. 29 – Sept. 4, 2003 Percentage Change Symbol Sept. 4 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.1 13.1 […]
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‘Survival of the Fittest’ Webinar
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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SBCA President Wright Resigns
In a surprise announcement late Friday, Satellite Broadcasting and Communications Association (SBCA) President Andy Wright said that he plans to step down from his post, effective Sept. 20. Wright, in […]
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Canadian Government Targets Satellite Pirates
The Canadian government is working on legislation that would clamp down on individuals and companies who steal satellite TV signals, as well as those who make devices designed to illegally […]
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Senate Panel OKs Measure Giving Northpoint Free Access To DBS Spectrum
The Senate Appropriations Committee passed an amendment this week that would give proposed terrestrial wireless multichannel TV competitor Northpoint access to direct broadcast satellite (DBS) spectrum at no charge without […]
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ILS to Launch Malaysian Satellite
International Launch Services (ILS), a joint venture of Lockheed Martin [NYSE: LMT] and two Russian companies, has signed a contract with Malaysia’s Binariang Satellite Systems to launch the MEASAT-3 communications […]
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Globecomm, SkyStream Link Up
Globecomm Systems [Nasdaq: GCOM] has inked a deal with SkyStream Networks to use the video networking systems provider’s Mediaplex Video Services Platform to offer new video and data satellite services […]
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Virginia Tech Evaluates SiriCOMM Network Technology
Virginia Tech Transportation Institute (VTTI) is evaluating SiriCOMM‘s [OTC BB: SIRC] network technology for use within state Intelligent Transportation System (ITS) infrastructure. A SiriCOMM network has been installed since early […]
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GlobeTrac Closes $750,000 Financing Deal
GlobeTrac [OTCBB:GBTR], a London-based supplier of telematics and tracking services, has completed a non-brokered private placement that raised $750,000 at $1.00 per unit. Each unit consists of one share of […]
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Noteworthy
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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Loral Skynet Inks Deal With Rede TV
Loral Skynet do Brasil Ltd., a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar […]
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Orbital Selected For Military Launch Vehicle Contract
Orbital Sciences [NYSE: ORB] landed a contract from the U.S. Air Force‘s Space and Missile Systems Center Detachment 12 for a suborbital rocket that will test an advanced penetrator. The […]
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Sirius, Antex Electronics Unveil New Receiver
Sirius [Nasdaq: SIRI] and equipment manufacturer Antex Electronics have introduced what they say is the world’s first satellite radio specifically designed for use in multi-room, multi-zone audio systems. The companies […]
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EchoStar Completes Redemption of Senior Notes
EchoStar Communications [Nasdaq: DISH] confirmed that effective Sept. 3, 2003, its subsidiary, EchoStar DBS Corp., completed the redemption of $245 million principal amount of its 9 1/8 percent senior notes […]
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Frost Named Senior VP of Sales at GlobeCast America
Satellite broadcast provider GlobeCast America has appointed Mary Frost as senior vice president of sales. In her new position, Frost will be responsible for overseeing both domestic and international sales […]
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Alaska’s Largest TV Station Purchases Norsat Satellite Terminals
Alaska’s largest TV station and Anchorage’s NBC affiliate KTUU has purchased Norsat International‘s NewsLink portable satellite terminal. With this purchase, KTUU ends a three-year search to find satellite technology that […]
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Noteworthy
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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Survey Shows Satellite Radio Is Gaining Traction
Satellite radio is showing signs of advancing beyond the “early adopter” stage and achieving robust growth for the remainder of 2003 and beyond, according to a survey by ChangeWave Research, […]
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Lockheed Adds Partners For New GPS System
Lockheed Martin [NYSE: LMT] announced that Raytheon [NYSE: RTN], ITT [NYSE: ITT] and General Dynamics [NYSE: GD] have joined its team to develop the GPS III, the U.S. Air Force‘s […]
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Merrimac Industries Gets Estimated $4.4M Boeing GPS Contract
Merrimac Industries [AMEX: MRM] has signed a deal with Boeing [NYSE: BA] that could reach a value of $4.4 million to supply its Beamforming Networks and RF/Microwave signal processing components […]
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New Skies Completes $54M Share Buy Back Program
New Skies Satellites [NYSE: NSK], the Netherlands-based global satellite communications company, has completed its share repurchase program, acquiring a total of 13,057,024 ordinary shares at a cost of approximately $54.0 […]
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Uncategorized
Gilat Inks Network Deal With Valero Energy
Spacenet, a U.S. subsidiary of Gilat Satellite Networks [Nasdaq: GILTF], has signed a deal with Valero Energy [NYSE: VLO] to provide a broadband satellite communications network for the company’s 4,000 […]
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C-COM Launches Two-way Internet For Residential Customers
C-COM Satellite Systems [Toronto: CMI], an Ottawa, Canada-based satellite Internet provider, has introduced a new high-speed Internet service intended for residential customers in Canada. The new residential service will allow […]
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Noteworthy
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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Integral Systems Acquires Jackson & Tull Satellite Division
Satellite ground systems provider Integral Systems Inc. [Nasdaq: ISYS] has signed an agreement to acquire the intellectual property rights, inventory and other assets of the former Jackson & Tull Satellite […]
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Sirius Files $500 Million Shelf Offering
Sirius Satellite Radio [Nasdaq: SIRI] has filed a $500 million shelf registration with the Securities and Exchange Commission, but said it has no immediate plans to issue securities. The company […]
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Globecomm Inks $4.7 Million In New Contracts
Globecomm Systems [Nasdaq: GCOM] has won two satellite infrastructure contracts from repeat customers valued at $4.7 million. Globecomm didn’t reveal the names of the repeat customers. The company will provide […]