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CSX To Use MCI Satellite Services
MCI is providing CSX Technology, a subsidiary of CSX Corp. [NYSE: CSX], with satellite services at railroad remote operating locations across the Eastern United States. In addition, MCI said it […]
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Universal Electronics To Supply Remote Control Products To Sky Italia
Cypress, Calif.-based Universal Electronics [Nasdaq: UEIC] has entered an agreement with Italian satellite TV provider Sky Italia to supply technology for Sky Italia two-device, universal remote controls to be bundled […]
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Recovery Expected in State and Local IT Spending
U.S., state and local government spending on information technology products and services will recover at a compound annual growth rate of 8 percent from $46 billion in fiscal year 2004 […]
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Correction
In the Jan. 26 issue of SATELLITE TODAY, the satellite being manufactured by Alcatel Space for China’s Aptsat should have been designated the Apstar VI (not Apstar IV).
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Satlynx, Cisco To Offer Satellite/Wi-Fi Services
Satlynx and Cisco Systems [Nasdaq: CSCO] are teaming to offer high-speed Internet service via satellite/WiFi technology. Luxembourg-based Satlynx will contribute its two-way broadband services, and San Jose, Calif.-based Cisco will […]
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ARINC Provides Satellite Broadband To Lagos Airport
Annapolis, Md.-based ARINC has just deployed its satellite-based wide-area network service for the Murtala Muhammad International Airport in Lagos, Nigeria. The service uses a broadband satellite link to provide airlines […]
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Sirius, United Auto Group To Promote Satellite Radios in Vehicles
New York-based Sirius Satellite Radio [Nasdaq: SIRI] and Bloomfield Hills, Mich.-based automotive retailer UnitedAuto Group [NYSE: UAG] have signed a multi-year agreement under which United will promote Sirius satellite radios […]
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DigitalGlobe, Keyhole Deliver QuickBird 3D Imagery to New Customers
Longmont, Colo.-based DigitalGlobe and Mountain View, Calif.-based Keyhole have signed a multi-faceted agreement to provide DigitalGlobe’s QuickBird satellite imagery and Keyhole’s Internet-based 3D earth visualization solutions to customers. The agreement […]
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Pegasus Satellite Communications Announces $100M Tender Offer
Bala Cynwyd, Pa.-based Pegasus Communications [Nasdaq: PGTV] announced that its satellite TV subsidiary, Pegasus Satellite Communications, is offering to purchase up to $100 million aggregate principal amount of outstanding debt […]
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Wilmoth Moves from Thales To PennWell
Mark C. Wilmoth is moving from Thales Navigation, a California-based provider of GPS technology, where he is chief financial officer, to PennWell Corp., a Tulsa, Okla.-based business-to-business publisher and organizer […]
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The Satellite News Financial Ticker
Week of Jan. 16 – 22, 2004 Percentage Change Symbol Jan. 22 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.79 (0.7) 18.2 […]
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SES Global Ready For Broadband Challenge
Luxembourg-based satellite operator SES Global [Luxembourg: SESG] expects to see significant revenue growth from 2005 onwards. On the other hand, the company anticipates tough market conditions in 2004. The operator […]
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DirecTV Surges With Fourth Quarter Surprise
By Jimmy Schaeffler DirecTV, the direct broadcast satellite (DBS) unit of News Corp [NYSE: NWS]-controlled Hughes Electronics [NYSE: HS], posted impressive subscriber year-end 2003 subscriber numbers. The results, released just […]
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Spotlight: New GPS Navigation Products Aid Motorists
New products are available for U.S. drivers who need navigational assistance when on the road. Santa Clara, Calif.-based Thales Navigation, the developer of the Hertz NeverLost vehicle navigation system, introduced […]
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Challenges Run High For Connexion by Boeing
Connexion by Boeing is an ambitious project to provide in-flight, high-speed broadband services that should become a technical success but may well stumble on the project’s high costs as it […]
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PanAmSat Faces Uncertain Future
Greenwich, Conn.-based satellite operator PanAmSat [Nasdaq: SPOT] is facing a number of challenges and its potential growth opportunities may not provide any immediate relief. The status of the fixed satellite […]
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Connexion by Boeing Wins Fans
Connexion by Boeing, a unit of Boeing [NYSE: BA] set up to provide in-flight broadband services to airline passengers, is showing resiliency by winning the support of additional business partners […]
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Alcatel Space Integrates Apstar VI Satellite Modules
French satellite manufacturer Alcatel Space announced that it had successfully mated the communications and service modules of the Apstar IV satellite at its integration rooms in Cannes, France. Based on […]
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Stratos To Offer DirecWay In U.S. and Canada
Stratos Global [TSX: SGB] has signed an agreement with Hughes Network Systems (HNS) to become a value- added reseller of DirecWay broadband satellite services to federal, state and local government […]
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Bulldog Begins Production of Cargo Security Products
Canada’s Bulldog Technologies [OTCBB: BLLD] has begun production of its Road BOSS cargo security product. The initial production run of 250 units will be limited to the company’s RB-200 Road […]
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The Cypress Group Buys Communications & Power Industries for $300M
The Cypress Group, a New York-based private equity firm, has completed the acquisition of Communications & Power Industries (CPI) in a transaction valued at approximately $300 million. CPI is a […]
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GPS Industries To Deliver CBS SportsLine.Com To Inforemer Units
GPS Industries [OTCBB: GPSN], a Vancouver-based developer of GPS golf course and sports products, has concluded an agreement to establish a strategic relationship with SportsLine.com, an Internet-based sports media company […]
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Correction
In the Jan. 19 issue of SATELLITE NEWS, the story “Global Satellite Industry Climbs Back to Health” incorrectly paraphrased International Launch Services Director of Marketing Sales Tom Carroll at the […]
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USAF Awards Two Transformational Satellite Contracts
The U.S. Air Force‘s Milsatcom Joint Program Office has awarded two risk reduction/system definition contracts for the Transformational Communications Milsatcom (TCM) system to Lockheed Martin Space Systems and Boeing Satellite […]
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XM Satellite Radio Prices Public Offering
XM Satellite Radio Holdings [Nasdaq: XMSR] announced Friday that it has priced at $26.50 per share an underwritten public offering of 20 million shares of its Class A common stock, […]
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Netupsat To Use Astra Birds To Offer Internet Service in France
France’s Netupsat has signed an agreement with SES Astra to use the Astra satellite system to provide high-speed Internet services. Labeled “Netbysky,” the high- speed Internet service via Astra’s 19.2-degree […]
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Space Imaging Gets Forest Service Contract
The Denver-based remote sensing firm Space Imaging has received a contract to continue providing geographic information services (GIS) to the U.S. Forest Service‘s regional office in Vallejo, Calif., its Remote […]
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Intelsat Extends Expiration Date for Senior Notes Exchange Offer
Intelsat has extended until Jan. 27, 5 p.m. EST, the expiration date of its offer to exchange its 5.25 percent senior notes due 2008 and its 6.5 percent senior notes […]
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Trimble Wins USAF GPS Contracts
Sunnyvale, Calif.-based Trimble [Nasdaq: TRMB] has been awarded two contracts from the U.S. Air Force (USAF) to provide Global Positioning System (GPS) surveying and mapping systems. The GPS equipment will […]
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SES Global CEO Confident On Revenue Prospects
Luxembourg-based satellite operator SES Global [Luxembourg: SESG] expects to see significant revenue growth from 2005 onwards. On the other hand, the company anticipates tough market conditions in 2004. Romain Bausch, […]