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Space Imaging Cuts 65 Jobs
Space Imaging has laid off 65 of its 370 employees in a restructuring aimed at realigning its business model. The company’s board of directors approved the cuts and plans to […]
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S&P Downgrades Telesat Canada’s Rating
Standard & Poor’s Rating Services has downgraded Telesat Canada‘s debt rating. S&P analyst Barbara Komjathy said the company’s biggest challenge is excess capacity on satellite and fiber-optic networks, which could […]
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Epicus Teams With DirecTV Partner
Epicus, a subsidiary of Phoenix International Industries [OTCBB:PHXU], has signed a comprehensive joint sales and marketing agreement with Satellite Solutions, a DirecTV reseller. The agreement enables Epicus (West Palm Beach, […]
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X-Prize Organizers Affirm Commitment As Tribute To Astronauts
X-Prize organizers renewed their commitment to the competition that will offer $10 million for the first private sector team to fly 100 kilometers or 62 miles to space, return to […]
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ViaSat Receives Order From ARINC for SKYLink Terminals
ViaSat [Nasdaq: VSAT] has received a delivery order from ARINC for initial production quantities of SKYLink airborne integrated satellite communications terminals. The contract includes delivery of terminals for corporate jets […]
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Boeing Executive Leaves For Northrop Grumman
Alexis Livanos is leaving his position as an executive vice president of Boeing’s [NYSE: BA] Boeing Satellite Systems division to join Northop Grumman [NYSE: NOC]. In his post as vice […]
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New Skies Plans To Relocate Satellite
New Skies Satellites N.V. [NYSE: NSK], a global satellite operator based in the Hague, the Netherlands, plans to change the orbital assignment for its yet-to-be launched NSS-8 satellite. The spacecraft […]
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Noteworthy
Don’t miss the world’s largest satellite industry conference and exhibition! SATELLITE 2003 February 26 – 28, 2003 Washington Convention Center Washington, DC http://www.satellite2003.com SATELLITE 2003 is the industry event where […]
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Gilat Secures Approval of Debt Restructuring Plan from Creditors
Gilat Satellite Networks [Nasdaq: GILTF] announced Wednesday that its bank lenders and the holders of its 4.25 percent convertible subordinated notes due 2005 voted to approve the company’s debt restructuring […]
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GMPCS Extends Distribution Agreement with Telenor
GMPCS Personal Communications of Pompano Beach, Fla., has extended its distribution agreement with Telenor Satellite Services, a unit of Norwegian telecom carrier Telenor [Nasdaq: TELN]. GMPCS will continue to use […]
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Eutelsat To Expand Broadband Services With ViaSat Terminals
European satellite operator Eutelsat has awarded contracts worth $2.5 million to ViaSat [Nasdaq: VSAT] for two broadband satellite networking systems and development of a future Ka-band system. The systems will […]
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AirTV Validates In-flight Internet Connectivity on Alitalia
Italian airline Alitalia this month will begin passenger demonstrations of AirTV‘s in-flight Internet access following the service’s validation on one of the airline’s Boeing 767s. AirTV uses satellites to offer […]
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Final Ariane 4 Flight Is On Schedule
The last flight of the highly reliable Ariane 4 rocket is scheduled for Feb. 12. It will carry the Intelsat 907 satellite into orbit, Arianespace officials said. The 4,685-kilogram (10,328-pound) […]
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Boeing Demonstrates Capabilities of Micro-satellite
Boeing [BA] has completed a 12-hour test mission for its first micro-satellite, called XSS-10, to show that an autonomous satellite can operate near other orbiting space objects without colliding, company […]
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TV Globo Chooses Intelsat 805 As Distribution Platform
TV Globo, Brazil’s largest broadcaster, has signed a 10-year contract to distribute its international news and entertainment programming to cable and satellite TV operators throughout the Americas over the Intelsat […]
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Canadian Space Agency Tags MDA To Design Satellite Mission
MacDonald, Dettwiler and Associates [Toronto: MDA] has been selected by the Canadian Space Agency to design an Earth observation satellite mission that will use hyperspectral technology. The mission will use […]
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SES Astra Gains New Customer
InOut TV agreed to buy satellite capacity from SES Astra, a unit of SES Global [Luxembourg: SESG]. A satellite at 19.2 degrees East will allow InOut TV subscribers to receive […]
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DirecTV To Offer Five New Chinese-language Channels
TVB Satellite Platform (El Segundo, Calif.), a wholly owned subsidiary of Hong Kong-based Chinese-language broadcaster TVB Group, agreed to let DirecTV, a Hughes Electronics [NYSE: GMH] subsidiary and the largest […]
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Showtime Aims To Break Profitability Barrier This Year
Middle Eastpay-TV satellite operator Showtime expects to become profitable in 2003. The operator, which has around 250,000 subscribers in markets throughout the Middle East, hopes to consolidate its already strong […]
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Loral Loses Arbitration Ruling In Dispute With Alcatel
An arbitration tribunalhas ruled against Loral Space & Communications [NYSE: LOR] in its dispute over whether it violated a partnership agreement with Alcatel Space. Still unresolved is whether Loral will […]
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Samsung Selects Conexant’s Set-Top Box for Interactive TV
Korea’s Samsung Electronics has selected Conexant Systems [Nasdaq: CNXT] to provide digital satellite set-top box (STB) semiconductors deployment in Korea digital satellite broadcasting’s (KDB) SkyLife satellite television network. The STB […]
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Optimus Gets FHA Contract To Test GPS-based Pedestrian Alert System
Optimus, a provider of public safety technology, has been awarded a Federal Highway Administration research grant to develop a pedestrian alert system (PAS) using Global Positioning System technology. An Infiniti […]
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Zanett Acquires Paragon Satellite Engineering Firm
Zanett [Nasdaq: ZANE] has acquired Paragon Dynamics, a firm that provides software and satellite engineering services with domain area expertise on government and aerospace satellite and IT infrastructure contracts. According […]
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USAF Blasts GPS, XSS-10 Satellites Into Orbit
The U.S. Air Force has launched a Delta II rocket, built by Boeing [NYSE: BA], with a Global Positioning System IIR-8 satellite and an XSS-10 demonstration satellite payload. The rocket […]
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Intelsat Invests in Occasional Video Solutions Service
Intelsat has introduced occasional video solutions (OVS), a service that offers a one stop shop for the video needs of news, sports and special event content providers. A dedicated video […]
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EchoStar Completes Early Repayment Of Debt
EchoStar Communications [Nasdaq: DISH] confirmed its subsidiary, EchoStar DBS, completed a previously announced repurchase of all of its 9.25 percent senior notes due 2006. The redemption occurred three years early […]
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PanAmSat Cautious On Broadband
Joseph Wright, the president and CEO of Wilton, Conn.-based satellite operator PanAmSat Corp. [SPOT], has laid out a growth strategy for his company that entails entering the broadband market later […]
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FCC Ruling Lifts MSS Prospects
Mobile satellite operators will enjoy expanded opportunities to develop viable businesses and to meet consumer needs following a landmark decision by the Federal Communications Commission last week allowing mobile satellite […]
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Spotlight: Satellites Help To Secure U.S.-Canadian Border
Ottawa-based C-Com Satellite Systems Inc. [CMI] is partnering with the Minnesota State Patrol to keep the U.S.-Canada border secure. C-Com recently delivered a number of its iNetVu Mobile satellite-based antenna […]
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U.S. DBS Industry: At a Crossroads?
By Stephen A. Blum The U.S. DBS industry is at a crossroads, at least in terms of trend analysis. Recent results in general, and DirecTV’s 2003 guidance in particular, point […]