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TAMSCO Gets $17.6M Contract To Support Iraqi Authority
Engineered Support Systems‘ [Nasdaq: EASI] subsidiary Technical and Management Services Corp. (TAMSCO) of Calverton, Md., has been awarded a contract to support Iraq’s Coalition Provisional Authority (CPA) in command and […]
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Federal FY2005 IT Spending Request Indicates Slow-Growth Trend
President Bush’s fiscal year 2005 budget contains a $59.8 billion request for information technology spending, an increase of less than 1 percent over the previous year’s request, indicating a major […]
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Mayflower Awarded $10.4M Contract To Develop Navy GPS System
Mayflower Communications, a Burlington, Mass.-based developer of GPS and communication data link technologies, has been awarded a small business innovation research Phase III contract totaling $10.4 million from the Naval […]
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SS/L CEO Hopeful On Asian Prospects
Space Systems/Loral (SS/L) President Patrick DeWitt believes there are a number of growth opportunities for the satellite manufacturer in Asia. He told SATELLITE TODAY: “We are very bullish on Asia […]
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ESA To Select Earth Explorer Satellite Missions
This spring the European Space Agency will select finalists for the Earth Explorer satellite missions. Before decisions are taken, the ESA will hold an Earth Explorer User Consultation Meeting, which […]
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EchoStar Programming To Be Bundled With Sprint
Sprint [NYSE: FON] and EchoStar Communications [Nasdaq: DISH] have signed a marketing and sales agreement to provide DISH Network satellite TV service to households served by Sprint’s local telephone division. […]
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Merrimac Receives $1.1M GPS Order from Boeing
Merrimac Industries [AMEX: MRS], a West Caldwell, N.J.-based manufacturer of RF microwave components, has received a $1.1 million order from Boeing [NYSE: BA] to supply beamforming networks and RF microwave […]
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Gencom Partners with Helius In Australasian Market
New Zealand-based Gencom Technology has teamed up with Helius, a Lindon, Utah-based broadband IP over satellite provider, to provide satellite-based broadband to the Australasian market. The two companies will offer […]
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Samsung Develops Satellite Chip for Mobile Phones
Samsung Electronics, a Seoul-based manufacturer of electronic products, has completed development of a satellite digital media-broadcasting (DMB) chip for mobile phones and automobiles. The satellite DMB chip is able to […]
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Correction
The story on EchoStar’s new Spanish-language programming in the Feb. 4 issue of SATELLITE TODAY misspelled the name of the country Colombia. We regret the error.
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Space Industry To Pass $100 Billion in 2004, Council Predicts
The global space industry continued to grow in 2003, fueled by a significant increase in U.S. military contracts and continued growth in its commercial markets. According to the 2004 State […]
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Intelsat Announces $500M Initial Public Offering
Intelsat announced Wednesday its intention to conduct a long-awaited initial public offering of its ordinary shares, which is expected to raise $500 million. Intelsat’s current shareholders will be given the […]
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Transocean Renews Satellite Communications Contract With CapRock
Oil drilling firm Transocean has renewed its satellite communication agreement with CapRock. CapRock has been providing Transocean’s communications services for nearly a decade, and the drilling company decided to extend […]
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Gilat To Provide Satellite Communications To Kenyan Postal Service
Israel-based Gilat Satellite Networks’ [Nasdaq: GILTF] Spacenet subsidiary has received a contract to supply a satellite-based communications network to the Kenyan postal service, Posta Kenya. Financial terms were not disclosed. […]
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Pegasus Offers $100M in Senior Notes
Pegasus Satellite Communications, a subsidiary of Bala Cynwyd, Pa.-based Pegasus Communications [Nasdaq: PGTV], intends to offer $100 million in aggregate principal amount of 11 1/4 percent senior notes due in […]
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EchoStar To Offer Spanish-Language Columbia TV Packages
Englewood, Colo.-based EchoStar Communications [Nasdaq: DISH] has announced that its DISH Network will offer Spanish-language TV Columbia programming packages beginning Feb. 11. TV Colombia is an alliance between RCN Television, […]
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Fox Entertainment Moves All U.S. Programming To PanAmSat
Wilton, Conn.-based PanAmSat [Nasdaq: SPOT] will gain an infusion of revenue from a new multi-year, multi-satellite transponder agreement with Fox Entertainment Group, which recently gained an ownership stake in PanAmSat’s […]
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PanAmSat Notches Profitable Year
PanAmSat [Nasdaq: SPOT] Tuesday reported positive fourth quarter and year-end 2003 financial results. Total revenues for 2003 rose 2.3 percent to $831.0 million, up from $812.3 million in 2002. Earnings […]
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New Skies, Telenor Link Up for Pacific Ocean Coverage
New Skies Satellites [NYSE: NSK], a Netherlands-based satellite communications company, has signed a 10-year agreement with Telenor Satellite Services, a Norway-based provider of satellite communications services, for Pacific Ocean region […]
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Scopus To Supply Digital TV Platform To T-Systems
Scopus Network Technologies, an Israel-based supplier of digital compression technology to the broadcasting industry, has signed an agreement to supply German business services provider T-Systems, a Deutsche Telekom [NYSE: DT] […]
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Navy Takes Delivery of UHF Follow-On Satellite
The U.S. Navy has accepted delivery of the 11th UHF Follow-On (UFO) spacecraft, built by Boeing [NYSE: BA], following the satellite’s completion of its in-orbit test program. The satellite, which […]
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SES Americom Retires GSTAR-4 After 13 Years of Service
SES Americom, the Princeton, N.J.-based satellite operating subsidiary of SES Global [Luxembourg: SESG], has conducted its last operations on the GSTAR-4 satellite. The company is de-orbiting the satellite more than […]
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The Satellite News Financial Ticker
Week of Jan. 23 – 29, 2004 Percentage Change Symbol Jan. 29 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.63 (7.1) 12.9 […]
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Alcatel Space Signs Key Defense Deals
Alcatel Space has had a good start to the year in terms of government and institutional communications. It has announced two major deals in January. It announced that it has […]
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Tandberg CEO Confident Over HD In Europe
Tandberg Television expects to play a key role as the high-definition TV (HDTV) market takes shape in Europe. While the market in the United States for high-definition (HD) continues to […]
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The Real Satellite Radio Boom Begins
By Jimmy Schaeffler It’s long been said that Wall Street investors trade stocks based on a company’s expected performance during the next quarter. If true, the year-end stock price gains […]
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Spotlight: Amish Merchant Sells Toys Via Satellite
Jacob King, a 19-year-old man living in rural Abingdon, Va., is among the new breed of small businessmen who are selling merchandise with the aid of satellite Internet links. King […]
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FCC Champions Rural Use of Satellites
The Federal Communications Commission (FCC) deserves high praise for holding a series of informative panel discussions last Tuesday that highlighted the ways satellites can be used to help rural Americans. […]
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Satellite TV Chips Away At Cable
Intensifying competition from high-powered satellite TV services has left cable TV subscriber growth at just 2 percent a year and caused certain cable operators to suffer net subscriber losses, according […]
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Rural Services Take Center Stage
A first-of-its-kind Federal Communications Commission (FCC) forum last week highlighted a wide array of ways that satellites can serve rural consumers across the United States. The event’s significance was underscored […]