-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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. […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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) […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
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 […]
-
Uncategorized
Delta II Delivers NASA Satellites
A Boeing [BA] Delta II rocket has successfully launched the National Aeronautics and Space Administration’s ICESat (ice, cloud and elevation satellite) and CHIPSat (cosmic hot interstellar plasma spectrometer satellite) from […]
-
Uncategorized
Globecomm Gets $15M Contract
Globecomm Systems [GCOM], a provider of satellite-based communications, received a $15 million contract to provide satellite infrastructure to a European customer. Under the terms of the contract, Globecomm will modernize […]
-
Uncategorized
The Satellite News Financial Ticker
Week of January 13 – 17, 2003 Percentage Change Symbol Jan. 16 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.79 7.2 (3.2) […]
-
Uncategorized
UniTracking VTU Expands GPS Cellular Coverage
UniTracking VTU, a division of Kabu Concept Marketing, has increased coverage for UniTracking VTU, its Global Positioning System and cellular vehicle tracking and monitoring device. Coverage is now available in […]
-
Uncategorized
Lockheed Martin To Keep ‘Streamlined’ Commercial Space Systems
After an analysis of its “strategic options” regarding its Commercial Space Systems unit, Lockheed Martin [NYSE: LMT] has decided not to sell or close it. “Rather than aligning [the unit] […]
-
Uncategorized
DirecTV Guidance For 2003 Belies Upside Potential
The 2003 outlook for Hughes Electronics [NYSE: GMH] subsidiary DirecTV Inc. is more promising that the company’s conservative guidance would suggest, concluded Karim Zia, the cable and satellite analyst with […]
-
Uncategorized
Study Predicts Ka-band Capacity Will Triple
A new study about planned Ka-band satellite systems projects that 190 transponders will be available to provide broadband services by the end of 2004. The 42 commercial Ka-band transponders in […]
-
Uncategorized
New Globalstar Investor Accepts Big Risk
New Valley Corp. [Nasdaq: NVAL], an investment firm primarily focused on the real estate business, has committed to give bankrupt satellite phone service provider Globalstar much-needed debtor-in-possession financing as the […]
-
Uncategorized
Mexico, Canada Negotiate FSS Coordination Agreement
The Mexican government and Mexican satellite operator Satelites Mexicanos (Satmex) are holding talks with the Canadian government and Canadian satelliteoperator Telesat Canada to reach a new coordination agreement for fixed […]
-
Uncategorized
BSM Enters Vehicle Security and GPS Tracking Market
Canada’s BSM Technologies Inc. [Toronto: BSM] announced Thursday that it plans to enter the commercial vehicle security and safety market with a line of wireless products and software offerings. BSM’s […]
-
Uncategorized
Inforetech Wireless Signs $3.75M Distribution Accord 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 in Nevada and first rights of […]
-
Uncategorized
Spacenet To Provide GTECH With VSATs for State Lottery Systems
Gilat Satellite Networks Ltd.’s [Nasdaq: 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 […]
-
Uncategorized
DirecTV Begins Offering Local Signals In Richmond
Hughes Electronics [NYSE: GMH] satellite TV subsidiary DirecTV Inc. on Thursday began offering local broadcast channels in the Richmond, Va., market to subscribers who request the upgrade. Richmond is the […]