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ORBIMAGE Reach Bankruptcy Accord With Creditors, Parent
Orbital Imaging (ORBIMAGE) has signed a non-binding agreement with its unsecured creditors and its parent, Orbital Sciences [NYSE: ORB], that will allow it to emerge from Chapter 11 bankruptcy protection. […]
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European Commission, ESA Debate Space Policy
With the release this week of a “green paper” on the European Union‘s space policy, the European Commission and the European Space Agency are preparing to debate the future direction […]
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NDS CEO Focuses on European, U.S. Markets
NDS CEO Abe Peled outlined the challenges for conditional access vendors this year. NDS is trying to bounce back from a difficult 12 months. Last year, NDS became embroiled in […]
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Satellite Expert Offers Asia Satellite Industry Outlook
HONOLULU–Asia represents one of the world’s largest markets for satellite products and services, with 67 commercial satellites transmitting to a third of the world’s population. Asian satellite operators “may be […]
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Boeing Satellite Systems ‘Re-sizing’ For Future Business
HONOLULU–Boeing Satellite Systems (BSS), the commercial satellite arm of Boeing [NYSE: BA], has used current global market circumstances to “look at what is really core to our business,” President Randy […]
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Eastern European Broadcasters Choose GlobeCast DTH Platform for U.S. Distribution
Serbian network BK TV, Hungarian broadcaster Duna TV, and Poland’s TVP3 have selected the GlobeCast WorldTV direct-to-home platform on Telstar 5 for subscription satellite distribution in the United States. GlobeCast’s […]
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Intelsat Signs Agreement for REACH Teleport in Asia
Intelsat has signed an agreement with REACH, a joint venture between Hong Kong-based PCCW [NYSE: PCW] and Australia’s Telstra Corp. [NYSE: TLS], to lease teleport services from REACH’s Stanley Teleport […]
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Boeing Showcases 2003 Manifest of 20 Launches
HONOLULU–Boeing Launch Services, operator of the Sea Launch and Delta launch vehicle families, has scheduled 20 launches for 2003, BLS vice president Jane Schnaars said here Monday. The 2003 run […]
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Shifting Telecom Tides Slows Development of Digital TV Globally
HONOLULU–Although the global march toward digital television continues, it has slowed down due to global economic woes, which are causing regional and global satellite operators to adjust their sales and […]
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Little Improvement Seen For Beleaguered Launch Services Sector
HONOLULU–As the world’s commercial expendable launch vehicle (ELV) companies struggle to regain their footing following a year of plummeting prices for their services and a series of high-profile rocket failures, […]
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Loral Sees Enough New Asian Business To Stay Busy
HONOLULU–The Asian market will be good for up to six new commercial satellite orders over the next 24 months, according to projections from two key executives of Loral Space and […]
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Rosetta Delay Raises Concerns
The one-of-a-kind Rosetta satellite that was developed to become the first spacecraft to rendezvous with a comet will need to chase a different comet than originally planned. The change in […]
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XM Eyes Big Subscriber Gains
XM Satellite Radio [XMSR] officials expect the company’s subscriber numbers to top 1.1 million by the end of this year. The outlook is buoyed by General Motors [GM] offering XM […]
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Spotlight: PanAmSat Prepares For Flag-waving
Increased U.S. government spending on commercial satellite capacity and expected growth in that demand has put Wilton, Conn.-based PanAmSat Corp. [SPOT] on the verge of making an acquisition to pursue […]
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Satellite Radio at CES: Get Ready 2003
LAS VEGAS–At the recent Consumer Electronics Show (CES) here, XM Satellite Radio [XMSR] seemed to have its name on just about every banner, kiosk or bag in sight. However, rival […]
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New Globalstar Investor Faces Significant Risk
A new investor is recognizing the value of the Globalstar handheld satellite phone service. The investor, New Valley Corp. [NVAL], is preparing to pump money into the financially struggling operation. […]
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DirecTV Guidance For 2003
The 2003 outlook for Hughes Electronics [GMH] subsidiary DirecTV Inc. is more promising that the company’s conservative guidance would suggest, concluded Karim Zia, the cable and satellite analyst with Deutsche […]
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PanAmSat’s Revenues Slip
While 2002 revenues slipped, PanAmSat Corp.’s [SPOT] cost-cutting during the past year helped the company to achieve slightly improved profitability, company officials reported Tuesday. The company posted 2002 revenues of […]
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Lufthansa’s In-flight Internet
Passengers aboard a Lufthansa Boeing 747-400 can now use laptops to gain high-speed connections to the Internet, including full access to their personal or business e-mail accounts and files. As […]
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New Skies Expands In Asia-Pacific
New Skies Satellites [NSK] and REACH, an international carrier of voice, private line and IP data services, have signed an agreement that will combine the capabilities of New Skies’ newly […]
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Spacenet To Provide Lottery VSATs
Gilat Satellite Networks Ltd.’s [GILTF] subsidiary Spacenet Inc. has signed multiple agreements with global lottery services provider GTECH Corp. to install more than 10,000 Gilat Skystar Advantage broadband satellite communications […]
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Inforetech Signs With Satellite Golf
Inforetech Wireless Technology Inc., a supplier of Global Positioning System technology for the golf industry, announced that Satellite Golf Inc. had acquired distribution rights for its products in Nevada and […]
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Space Imaging Signs Up Raytheon
Space Imaging has signed up Raytheon Australia, a unit of U.S.-based Raytheon [RTN], as a master reseller of Space Imaging’s products and services, including imagery from its earth imaging satellite […]
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Boeing Joins MUOS Team
Lockheed Martin [LMT] and General Dynamics [GD] have added Boeing Satellite Systems to their team competing to develop the U.S. Navy’s next generation narrowband tactical satellite communications system, known as […]
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SES, Kinderkanal Extend Deal
SES Astra, a unit of SES Global, signed a new long-term agreement for Kinderkanal (KI.KA) to use transponder capacity for analog broadcasts and prime time transmissions in Europe. KI.KA can […]
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C-COM Sees Higher Revenues
C-COM Satellite Systems Inc., an Ottawa, Ontario-based supplier of satellite Internet technology, reported a 57 percent increase in fourth-quarter revenues from $484,146 in 2001 to $759,719 in 2002. Total revenues […]
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L-3 Unit Secures $52M Contract
L-3 Communications’ [LLL] Communication Systems-East division has received a $52 million contract modification for the U.S. military’s secure global communications system via the advanced extremely high frequency communications security (COMSEC) […]
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Ex-Comsat Official Joins Senate Staff
Paul E. Jacobson, vice president of corporate communications for Starz Encore Group LLC, has been named deputy communications director for U.S. Senate Majority Leader Senator Bill Frist (R-Tenn.). Jacobson joined […]
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Analytical Graphics Expands Alliance
Analytical Graphics Inc. (AGI) has expanded its seven-year strategic alliance with Science Applications International Corp./Advanced Technology Group (SAIC/ATG) of Huntsville, Ala. AGI will assist SAIC/ATG’s business development efforts to define […]
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Foundation Telecom, SES Team
Foundation Telecommunications Inc. (FTI) and SES Americom Inc., an SES Global unit, have agreed to a strategic partnership that will enable cable system operators to deliver broadband Internet connectivity. FTI’s […]