Featured Stories

Loral Faces Damages Claim Of $350 Million

New York’s Loral Space & Communications [LOR] is acknowledging for the first time that claims against it by France-based Alcatel Space could have a “material” impact on its financial picture....

New Skies To Relocate Satellite

New Skies Satellites N.V. [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 originally...

Livanos Joins Northrop Grumman

Alexis Livanos is leaving his position as an executive vice president of Boeing Satellite Systems division to join Northop Grumman [NOC]. In his post as vice president of program operations...

ViaSat Receives SKYLink Order

ViaSat [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 built...

Epicus Teams With DirecTV Partner

Epicus, a subsidiary of Phoenix International Industries [PHXU], has signed a comprehensive joint sales and marketing agreement with Satellite Solutions, a DirecTV reseller. The agreement enables Epicus (West Palm Beach,...

S&P Downgrades Telesat

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...

XM Closes Financing

Washington D.C.-based XM Satellite Radio Inc. [XMSR] took a big step toward gaining the financial breathing room it needed this week by closing on its previously announced $475 million funding...

Norway Buys RADARSAT-2 Data

The government of Norway has agreed to purchase $15 million Canadian (US$9.8 million) worth of RADARSAT-2 data. Under the agreement, the first of its kind with Europe, Norway has committed...