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New Skies’ Business Strategy Boosts Earnings
Cost controls, stabilizing prices and additional capacity allowed New Skies Satellites N.V. [NYSE: NSK] to post heightened revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for second […]
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Space Imaging’s Wildfire Contract
Space Imaging has received a contract from the Southern Group of State Foresters (SGSF) to provide satellite imagery and other products in support of fire management planning and wildfire risk […]
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Court Grants EchoStar’s Motion
The U.S. Court of Appeals 11th Circuit Court in Atlanta has granted EchoStar Communications’ [Nasdaq: DISH] motion to stay a district court’s injunction, pending appeal. The court decision impacts a […]
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ORBCOMM Selects EDC For Africa
Dulles, Va.-based ORBCOMM has selected European Datacomm Holding (EDC) as its service distribution partner in the sub-Saharan Africa region to market ORBCOMM’s low-Earth orbit satellite services to commercial customers. Both […]
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Telenor Upgrades Network
Telenor Satellite Services has upgraded its Inmarsat C ground network and has begun transitioning all of its Inmarsat C services to its earth station at Eik in Norway. As a […]
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Bluewire To Provide Broadband
Bluewire Solutions, a unit of Chronos Technology, is offering rural communities and small businesses in the United Kingdom broadband solutions based on radio, satellite and DSL technology. Bluewire Solutions is […]
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iSECUREtrac Buys Firm
iSECUREtrac Corp. [OTC BB: ISRE.OB], an Omaha, Neb.-based developer of global positioning systems (GPS) for tracking and monitoring, signed a stock swap deal with Tracking Systems, a Harrisburg, Pa.-based electronic […]
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Power2Ship’s GPS/PDA Devices
Power2Ship [OTC BB: PWRI.OB] has entered into a non-binding letter of intent with ARL to provide ARL’s 70 agents, operating 500 trucks, with a Power2Ship GPS/PDA device for each truck […]
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The Satellite News Financial Ticker
Week of Aug. 8 – 14, 2003 Percentage Change Symbol Aug. 14 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.65 0.8 (30.1) […]
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Loral Revenues Plummet, Losses Increase
Loral Space & Communications [OTC BB: LRLSQ.OB] reported a steep decline in revenues for the second quarter, dropping to $143 million from $316 million in the same period of 2002. […]
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Intelsat Shareholders Approve Acquisition of Loral Satellites
Intelsat‘s shareholders have approved the company’s proposed acquisition of six satellites and orbital location rights from Loral Space & Communications [OTC BB: LRLSQ.OB] at a meeting held Friday in Amsterdam, […]
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Chronos Technology Introduces GPS Re-radiating Product
Chronos Technology, a UK-based RF, microwave and GPS components supplier, has introduced its GPS re-radiating product aimed at the aviation, naval and automotive industries. GPS navigation systems are now widely […]
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PlanetLink Engages Karta To Design GPS Product
PlanetLink Communications [OTC BB: PLKC], a Cummings, Ga.-based provider of satellite-based products and services, has engaged San Antonio, Texas- based Karta Technologies under an existing consulting agreement to begin work […]
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NovAtel Selected to Develop GPS Differential System for the ION
NovAtel [Nasdaq: NGPS], a precise positioning technology firm, has been selected by The Institute of Navigation (ION) and the National Aeronautic Association (NAA) to develop a GPS differential system for […]
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Editor’s Note
SATELLITE TODAY will be taking a break for the rest of August. Look for us again at the beginning of September. Have a great rest of the summer and Labor […]
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Gilat Posts Slightly Higher Revenues, Large Losses
Petah Tikva, Israel-based Gilat Satellite Networks [Nasdaq: GILTF] notched slightly improved revenues for second quarter, reaching $52.1 million, up from $51.6 million in 2002. Gilat’s operating loss for the second […]
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Space Imaging Gets Southern Wildfire Risk Assessment Contract
Space Imaging has received a contract from the Southern Group of State Foresters (SGSF) to provide satellite imagery and other products in support of fire management planning and wildfire risk […]
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Court Grants EchoStar’s Motion In Fight With Broadcasters
The U.S. Court of Appeals 11th Circuit Court in Atlanta has granted EchoStar Communications’ [Nasdaq: DISH] motion to stay a district court’s injunction, pending appeal. The court decision impacts a […]
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ORBCOMM Selects EDC As Sub-Saharan Africa Distributor
Dulles, Va.-based ORBCOMM has selected European Datacomm Holding (EDC) as its service distribution partner in the sub-Saharan Africa region to market ORBCOMM’s low-earth orbit satellite services to commercial customers. Both […]
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Garmin Unveils GPS-Enabled Personal Training System
Garmin International, a unit of Garmin [Nasdaq: GRMN], has launched an integrated personal training system that offers a GPS sensor to provide users with data on speed, distance and pace […]
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Cable TV’s Western Show Heads For Last Round-up
The 36-year tradition of the cable TV industry offering its Western Show will come to a close this year when the final conference takes place in December. The Western Show […]
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EchoStar Reports Strongly Rising Net Income In Second Quarter 2003
Littleton, Colo.-based EchoStar Communications [Nasdaq: DISH], fueled by a gain of 270,000 net new subscribers, boosted its second quarter 2003 revenues to $1.41 billion, up 21 percent from $1.17 billion […]
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Orbital Sciences Successfully Launches NASA/Canadian Space Agency Satellite
Dulles, Va.-based Orbital Sciences [NYSE: ORB] used its Pegasus rocket to launch a scientific satellite, SCISAT-1, for the National Aeronautics and Space Administration (NASA) and the Canadian Space Agency. Yesterday’s […]
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Telenor Upgrades Global Inmarsat C Network
Telenor Satellite Services has upgraded its Inmarsat C ground network and has begun transitioning all of its Inmarsat C services to its earth station at Eik in Norway. As a […]
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Bluewire To Provide Rural Communities In UK With Broadband
Bluewire Solutions, a unit of Chronos Technology, is offering rural communities and small businesses in the United Kingdom broadband solutions based on radio, satellite and DSL technology. Bluewire Solutions is […]
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iSECUREtrac To Buy Tracking Systems In $2.3 Million Stock Swap Deal
iSECUREtrac Corp. [OTC BB: ISRE.OB], an Omaha, Neb.-based developer of global positioning systems (GPS) for tracking and monitoring, signed a stock swap deal with Tracking Systems Corp., a Harrisburg, Pa.-based […]
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Uncategorized
Power2Ship To Provide GPS/PDA Devices For ARL Trucks
Power2Ship [OTC BB: PWRI.OB] has entered into a non-binding letter of intent with ARL to provide ARL’s 70 agents, operating 500 trucks, with a Power2Ship GPS/PDA device for each truck […]
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NDS Still Hopeful For U.S. Deal
When Interspace spoke to NDS (Nasdaq: NNDS) CEO Abe Peled in January, he was optimistic the conditional access (CA) vendor would be able to announce a deal with a U.S. […]
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BSkyB Pays Over GBP1 Billion To Retain Football Rights
BSkyB has retained the crucial Premier League football rights for three years beginning from the 2004-2005 season. It remains to be seen whether competition concerns will prompt the European Commission […]
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U.S. Spending on Satellite, Cable TV Boosts Communications Industry
Communications spending in the United States rebounded 3.3 percent to $608.7 billion in 2002, driven primarily by consumer spending on media such as cable and satellite television, filmed entertainment and […]