Featured Stories

Leo Mondale, 41, has been named president of Arianespace Inc., the U.S. subsidiary of the European launch company, and hopes his hard-learned lessons at Iridium LLC will help him in...

Motient Corp. [MTNT], formerly American Mobile Satellite Corp., has formed a new subsidiary, Motient Satellite Ventures LLC, and announced a $50 million investment from an investment group consisting of Columbia...

Shrewd Financing Move Provides Cash Until Next Spring It looks like Globalstar L.P. [GSTRF] will be in business until at least the first quarter of next year. In a move...

While the insiders of the satellite industry talk the talk about the power of broadband services via satellite, equipment manufactures remain in a holding pattern. “The satellite broadband end user...

Orbital Sciences Corp. [ORB] can’t seem to catch a break. For years, the company struggled to solve a variety of accounting issues. Now, with those issues in the past, problems...

It was a good week for the two competing digial audio radio service (DARS) providers. Sirius Satellite Radio’s [SIRI] first satellite launch was successful and XM Satellite Radio Inc. [XMSR]...

Both ICO-Teledesic Global Ltd. and Globalstar L.P [GSTRF] both picked up $250 million of much needed funding. But the amount of money is about the only similarities between how the...

Daniel Marcus, formerly the vice president for corporate communications at PanAmSat Corp. [SPOT], has established his own marketing and communications firm, Marcus Associates LLC, in Westport, Conn. He said the...

NTV-Plus, Russia’s DTH satellite pay-TV system, has begun transmitting from Eutelsat’s W4 satellite at 36 degrees East. A total of 19 transponders on W4 are switched into a high-power fixed...

Microsoft founder Bill Gates is one of a group of private investors involved in a $1 billion refinancing of London-based ICI, the bankrupt LEO outfit that was taken under the...