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SpaceDev Gets $1Million In Contracts For Microsatellites
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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Golden Corral Chooses Gilat’s Spacenet For Satellite Broadband Service
The family restaurant chain Golden Corral, of Raleigh, North Carolina, is deploying satellite broadband services provided by Israel-based Gilat Satellite Networks’ [Nasdaq: GILTF] Spacenet unit for its IP-based network that […]
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NASA Satellites Help Fight Forest Fires
The National Aeronautics and Space Administration‘s Terra and Aqua satellites are providing fire fighters with forest fire monitoring tools. A suite of satellites, flying in coordinated fashion, offers insight into […]
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EMS Awarded $5.7M Contract by Alenia Spazio To Supply Switching Systems
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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Stratos Signs Contract with Oilfield Services Company
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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Hughes Network Systems Awarded Thuraya Handset 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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Boeing Merges Satellite, Launch Units
Due to continued weakness in its space and launch businesses, Boeing [NYSE: BA] has decided to consolidate its satellite and launch businesses. The company reported a $1.1 billion pre-tax charge […]
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BT Targets Satellite Deals In Asia
BT Broadcast Services believes the time is right to expand its presence in Asia. The British Telecom unit, a provider of terrestrial and satellite-based multimedia transmission solutions, hopes to strike […]
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Council Warns About Europe Slipping Behind in Space Field
The European Economic and Social Committee is warning the European Commission that action is needed by member governments if Europe is not to become an also-ran in the race to […]
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Technology Firms Form Satellite Broadband VPN Alliance
SDN Global and End II End Communications entered a strategic agreement to combine SDN’s satellite broadband technology with End II End’s encryption software to offer secure virtual private network (VPN) […]
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Scientific-Atlanta’s Satellite System Delivers Government Programming in Washington
A Scientific-Atlanta [NYSE: SFA] PowerVu digital satellite content distribution system, designed and installed by Atlantic Telecommunications Services for the Washington Public Affairs Network (TVW), is delivering state and local government […]
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Alcatel Space Inks $17M Satellite Deal With CNES
Alcatel Space, the satellite manufacturing arm of Paris-based Alcatel [NYSE: ALA], has signed a 15 million euro ($17 million) contract with the French space agency CNES for the third and […]
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Orbcomm, GE Unit Team on Trailer Tracking
Orbcomm, a Dulles, Va.-based satellite communications provider, has signed an agreement with GE Transport International Pool, a unit of General Electric [NYSE: GE],to provide data transmitting services for GE’s asset […]
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Iridium Gets OK To Sell Satellite Phone Services in Iraq
Iridium Satellite, an Arlington, Va.-based provider of satellite voice and data communications, has received authorization from the Coalition Provisional Authority (the current governing authority of Iraq) and the Iraqi Ministry […]
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NASA Team Gives FUSE Satellite ‘Brain Transplant’
The National Aeronautics and Space Administration‘s Far Ultraviolet Spectroscopic Explorer (FUSE) satellite was given a new lease on life following the successful implementation of new software in three computers that […]
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Auto-Q Signs Vehicle Tracking Agreement With MFI
Auto-Q International [OTC BB: AUTQ.OB], a London-based provider of vehicle tracking and monitoring systems for trucking fleets and consumers, has received a contract from furniture and housewares chain MFI to […]
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Verdisys Completes Merger With RDG
Verdisys, a Houston, Tex.-based provider of satellite communications and drilling services to the oil and gas industry, has completed its merger with Reconstruction Data Group [OTC BB: RDGI.OB] . The […]
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EMS Technologies Signs Stratos As Inmarsat Distributor
Ottawa, Canada-based EMS Technologies [Nasdaq: ELMG] announced an amendment to a distribution agreement with Stratos, a Bethesda, Md.-based provider of satellite communications, designating Stratos as a “master distributor” for EMS […]
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SBC, EchoStar Forge Alliance To Offer Bundled Services
San Antonio, Texas-based SBC Communications [NYSE: SBC] and Littleton, Colo.-based EchoStar Communications [Nasdaq: DISH] have formed a strategic partnership to let SBC companies “aggressively market” co-branded SBC DISH Network multichannel […]
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Qwest Forges Agreement With Satellite TV Providers for Bundled Services
Denver-based Qwest Communications International [NYSE: Q] has signed strategic marketing agreements with Hughes Electronics’ [NYSE: GMH] DirecTV and EchoStar Communications [Nasdaq: DISH] to make satellite TV services available to its […]
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Loral Looks Beyond Bankruptcy
Loral Space and Communications [NYSE: LOR] agreed last week to sell arguably its most precious assets and to enter Chapter 11 bankruptcy-court protection for the chance of emerging from the […]
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Intelsat Fills Void With Loral Deal
Intelsat Ltd., of Hamilton, Bermuda, is addressing one of its most glaring weaknesses by signing a definitive asset purchase agreement to acquire six Loral Skynet satellites and orbital slots over […]
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Spotlight: Baseball’s All-Star Game Goes Global
Major League Baseball fans in more than 200 countries worldwide watched last week’s All-Star Game with an assist that came from a distance much further away than the nose-bleed seats […]
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Satellite Radio Industry Revenue Projections
By Sean Badding The digital satellite radio industry’s run to its one-millionth subscriber is approaching fast. The Carmel Group predicts this first major milestone will be broken during August-September 2003. […]
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PanAmSat Puts In-Orbit Satellite Woes In Perspective
PanAmSat [Nasdaq: SPOT] President and CEO Joseph Wright said that technical problems aboard two of the company’s Boeing 601 model satellites now in orbit will not disrupt services to customers […]
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Hughes Lifted By Rise In DirecTV Subscribers, Profits
Hughes Electronics [NYSE: GMH] and its satellite TV subsidiary, DirecTV, last week bucked the industry-downturn trend by revealing strong financial results for the second quarter ended June 30. Hughes reported […]
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Cablevision Sees DBS Profits At End of Rainbow
CAPE CANAVERAL, Fla. – Not content with its position in the New York cable TV market, Cablevision Systems [NYSE: CVC] plans to take on the two direct broadcast satellite (DBS) […]
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The Satellite News Financial Ticker
Week of July 11 – 17, 2003 Percentage Change Symbol July 17 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.25 (3.0) 55.5 […]
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Nicholas To Head Andrew Next Year
Andrew Corp. [Nasdaq: ANDW], an Orland Park, Ill.-based satellite and telecommunications equipment manufacturer, announced that Vice Chairman and CFO Charles R. Nicholas will succeed Floyd L. English as chairman of […]
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Stratos Reports Increase in Earnings, Revenues
Stratos Global [TSX: SGB], a Bethesda, Md.-based satellite communications provider, recorded net earnings for the second quarter of $8.3 million, or 16 cents per share, an increase of $5.7 million […]