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Avis Rent A Car To Roll Out Motorola Navigation System Nationwide
Avis Rent A Car System and Motorola [NYSE: MOT] have signed a contract that will make the “Avis Assist” phone-based navigation system available in up to 50 cities across the […]
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Garmin To Acquire UPS Aviation Technologies for $38M
Garmin International, a unit of Garmin [Nasdaq: GRMN], has agreed to acquire UPS Aviation Technologies, a subsidiary of United Parcel Service [NYSE: UPS], for $38 million in cash. UPS Aviation […]
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U.S. Coast Guard Evaluates Inmarsat Fleet F55
The U.S. Coast Guard is evaluating the Fleet F55 service provided by London-basedmobile satellite service company Inmarsat aboard the Coast Guard Cutter Shearwater. The evaluation follows beta testing and launch […]
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TPS Closes In On 1.2 Million Subscribers In France
TPS, the number two satellite pay-TV operator in France, announced that it had 1,192,000 satellite pay-TV subscribers at the end of June 2003. TPS still lags behind market leader Canal […]
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Alcatel Space To Build HOT BIRD 7A for Eutelsat
Alcatel Space, a unit of France’s Alcatel [NYSE: ALA], has received a contract from Paris-based satellite operator Eutelsat to build the HOT BIRD 7A communications satellite to replace the HOT […]
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DBS Turns To Bells For Edge
The two leading direct broadcast satellite (DBS) providers in the United States are responding to competition from cable TV by aligning themselves with the Bell phone companies to provide bundled […]
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Cablevision’s Rainbow Poses Threat
The Rainbow 1 satellite recently launched by International Launch Services for New York-based Cablevision Systems [NYSE: CVC] poses a legitimate threat to existing satellite TV service providers Hughes Electronics’ [NYSE: […]
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Boeing Restructuring Shows Industry Strain
Boeing’s [NYSE: BA] realignment of its launch and satellite businesses last week is another sign of how the industry’s downturn is causing even one of the largest, most diversified companies […]
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Spotlight: Iridium Sees Potential In War-torn Iraq
Iridium Satellite, an Arlington, Va.-based provider of global satellite voice and data communications, now can offer communication services in post-war Iraq. Permission was granted by the U.S.-led Coalition Provisional Authority […]
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Satellite Radio Closes In On Milestone
By Jimmy Schaeffler The overall U.S. satellite radio industry had an estimated 802,000 subscribers by the end of the second quarter. The sector’s rate of growth leaves it within weeks […]
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Intelsat CFO Details Reasons For Loral Purchase
Industry speculation that Intelsat agreed to pay more than market value for the North American satellite assets of Loral Space and Communications [NYSE: LOR] is way off the mark, Intelsat’s […]
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SpaceDev’s Microsatellite Deal
SpaceDev [OTC BB: SPDV.OB] of Poway, Calif., has been awarded a contract by the U.S. Missile Defense Agency (MDA) to explore the use of microsatellites in national missile defense. In […]
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Digital Angel Expands Overseas
Digital Angel [AMEX: DOC], a St. Paul, Minn.-based GPS tracking device maker, has signed six new exclusive distribution agreements with companies in Argentina, Colombia, Venezuela, the Caribbean, the Dominican Republic […]
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HNS Teams With Grintek Telecom
Hughes Network Systems, a Germantown, Md.-based broadband satellite unit of Hughes Electronics [NYSE: GMH], has selected Grintek Telecom, a South African information and communications technology company, as its representative in […]
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Iberia To Use ARINC Satellites
Spain’s Iberia Airlines has selected ARINC to deliver a package of satellite communications services for the passengers and crew on its entire fleet of long-haul aircraft, including new Airbus A340-600s. […]
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Atlas V To Launch New Horizons
The National Aeronautics and Space Administration has chosen the Atlas V expendable launch vehicle provided by Lockheed Martin [NYSE: LMT] as the launch system for the proposed Pluto New Horizons […]
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HNS Awarded Thuraya Contract
Hughes Network Systems, a Germantown, Md.-based broadband satellite unit of Hughes Electronics [NYSE: GMH], has signed a contract with UAE- based Thuraya Satellite Telecommunications for the design and supply of […]
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Stratos Signs Oil Services Contract
Stratos, a Bethesda, Md.-based provider of remote communications solutions and services, has been awarded a five-year contract to upgrade and enhance the satellite-based communications infrastructure on the Ramform Banff, a […]
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EMS Awarded Switching Contract
EMS Technologies [Nasdaq: EMLG] has received a contract valued at $5.7 million from Italian satellite manufacturer Alenia Spazio to supply switching technology for the Cosmo SkyMed earth observation satellite mission […]
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The Satellite News Financial Ticker
Week of July 18-24, 2003 Percentage Change Symbol July 24 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.05 (17.6) 38.0 160.7 77.3 […]
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Mooney Joins Sirius Board
James F. Mooney has joined the board of directors at New York-based satellite radio firm Sirius Satellite Radio [Nasdaq: SIRI]. Mooney is chairman of NTL, a UK-based cable company. Prior […]
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Hytek Loses Appeal of Nasdaq Delisting
Hytek Microsystems, a Carson City, Nev.-based maker of hybrid microelectronic circuits for satellite systems, as well as for oil exploration, military applications, industrial electronics and opto-electronics, announced that it has […]
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NovAtel Sees Revenues, Income Rise
NovAtel [Nasdaq: NGPS], a Canadian GPS device manufacturer, reported revenues for the second quarter of C$9.5 million (US$6.8 million), compared to C$7.9 million (US$5.7 million), in the same period a […]
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Breconridge Acquires Nortel’s High-Speed Modules Unit
Breconridge Manufacturing Solutions, an Ottawa, Canada-based electronics manufacturing services company, has signed a definitive agreement to acquire certain assets of the High-Speed Modules business unit of Nortel Networks [NYSE: NT]. […]
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Galaxy COO Optimistic For 2003 Launch
Galaxy Satellite Broadcasting, the Hong Kong pay-TV satellite joint venture formed by Intelsat and Television Broadcasts Limited (TVB), has not set a date yet to begin commercial services, although it […]
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Air Force Slams Boeing Over Launch Contract Irregularities
The U.S. Air Force has determined that Boeing [NYSE: BA] committed serious violations of federal law based on a governmental review of allegations about wrongdoing by the company during the […]
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Atlas V To Launch New Horizons Mission
The National Aeronautics and Space Administration has chosen the Atlas V expendable launch vehicle provided by Lockheed Martin Commercial Launch Services as the launch system for the proposed Pluto New […]
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Iberia To Use ARINC Satellite Service For In-Flight Communications
Spain’s Iberia Airlines has selected ARINC to deliver a package of satellite communications services for the passengers and crew on its entire fleet of long-haul aircraft, including new Airbus A340-600s. […]
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Hughes Network Systems Teams With Grintek Telecom In South Africa
Hughes Network Systems, a Germantown, Md.-based broadband satellite unit of Hughes Electronics [NYSE: GMH], has selected Grintek Telecom, a South African information and communications technology company, as its representative in […]
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Digital Angel Signs Six International Distribution Agreements
Digital Angel [AMEX: DOC], a St. Paul, Minn.-based GPS tracking device maker, has signed six new exclusive distribution agreements with companies in Argentina, Colombia, Venezuela, the Caribbean, the Dominican Republic […]