Orbital Appoints New CFO
In an effort to put years of accounting problems behind it, Orbital Sciences Corp. [ORB] appointed a new chief financial officer (CFO). Garrett Pierce will become an executive vice president,...
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A Busy Week For Globalstar
Temporary Stock Run-Up, Early Release Of 2Q Numbers Keep Eyes On The Company While the future of Globalstar L.P. [GSTRF] is still undetermined, the company still is moving forward with...
Orbcomm To Track Hitachi Construction Equipment
Hitachi Construction Machinery Co. Ltd. (HCM) selected Orbcomm Global L.P. to monitor, track and control its fleet of general-purpose hydraulic excavators. The Information Excavator system, developed jointly by HCM and...
Globalstar USA Expands Northern Coverage
Globalstar USA said it has expanded the geographic coverage of its services to include almost all of Alaska, regions of the North Pacific to the International Date Line, portions of...
PhoenixNet, Yahoo! Hong Kong To Deliver Broadband To Asia Pacific
PhoenixNet Ltd. signed an agreement with Yahoo! Hong Kong to provide broadband-enabled services via satellite across the Asia Pacific region. According to the agreement, PhoenixNet will provide Yahoo! Hong Kong...
SES Joins With iBEAM Broadcasting For Internet Delivery By Satellite
The Societe Europeenee des Satellites, the Luxembourg-based satellite broadcaster that plans to start delivering the Internet via satellite later this year, and iBEAM Broadcasting Corp. [IBEM], a two-year-old Silicon Valley...
Final Analysis Inc. Selects L-3 Communications For Satellite Work
Final Analysis Inc., which is building a Little LEO satellite system for data communications, has awarded further satellite construction contracts to General Dynamics Corp. [GD] and L-3 Communications Holdings Inc....
iSKY Completes Second Round Financing, Raises $137 Million
iSky completed a second round of financing, raising $137 million, toward the first phase of its planned Ka-band satellite system. Echostar Communications Corp. [DISH] was the lead investor in the...
$59.23M PANAMSAT EARNINGS
PanAmSat Corp is reporting earnings of about $59.23 million (E55.47m) or 39 cents per share on revenues of $322.25 million during the second quarter of this year. This compares with...
SAUDI DISH-BAN CONFUSION
Earlier this year the so-called Saudi Arabian ‘dish ban’ was widely reported to have been lifted, with key regional broadcasters like ART and Orbit publicly welcoming the relaxation of rules....