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Comtech Gets $1.5 Million Satellite Transceiver Deal
Melville, N.Y.-based Comtech Telecommunications Corp. [Nasdaq: CMTL] has received a $1.5 million order for its messaging and location tracking mobile satellite transceivers. Comtech didn’t release the name of the company […]
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Lockheed Martin-Led Team Submits Proposal For MILSATCOM Space Segment
A team led by Lockheed Martin [NYSE: LMT] and Northrop Grumman [NYSE: NOC] has submitted a proposal for the risk reduction and system definition (RR&SD) effort of the Department of […]
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McCain Probes Northpoint Relationships
Additional scrutiny is ahead for Northpoint Technology now that Sen. John McCain (R-Ariz.) has launched an inquiry into whether Northpoint has provided financial interests in the company to “well-connected individuals.” […]
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Take Our Survey and Get A 7-day Pass To Satellite Today’s Premium Content!
All you need to do is answer a few questions and we’ll get you started on your free trial to the proprietary materials on the Satellite Today Web site. Your […]
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Call For Entries – Late Deadline – November 7, 2003
2003 Telecom Marketing Awards Presented by PBI Media’s Telecom Group The Telecom Marketing Awards are among the telecommunications industry’s most privileged honors, recognizing the best telecom marketing campaigns and programs […]
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EchoStar Redeems $1 Billion In Subordinated Notes
EchoStar Communications [Nasdaq: DISH] said that effective Oct. 20, 2003, it completed the previously announced redemption of $1 billion principal amount of its 4 7/8 percent convertible subordinated notes due […]
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Hughes Wins Contract with packetPointe to Deploy DirecWay
Hughes Network Systems (HNS) [NYSE: GMH], a Germantown, Md.-based broadband satellite unit of Hughes Electronics [NYSE: GMH], has won a contract from Utah-based packetPointe Communications, an energy management and equipment […]
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Canada’s Telesat Opens Office in Detroit
Telesat, a Gloucester, Ont.-based satellite services subsidiary of BCE [NYSE: BCE], has opened an office in Macomb, Mich., located 23 miles north of downtown Detroit, to meet the growing demands […]
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Intelsat, Orbit Data Systems Offer Satellite Broadband Service
Intelsat and Orbit Data Systems have agreed to offer two-way satellite-based broadband Internet access service for consumers in the Middle East. Under the multi- year agreement, Intelsat will provide the […]
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Gilat Noteholders On Board For Exchange Offer
Israel-based Gilat Satellite Networks’ [Nasdaq: GILTF] major noteholders intend to participate in the satellite operator’s offer to exchange outstanding 4 percent convertible subordinated notes due in 2012 for the company’s […]
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EADS Astrium, Alcatel To Build Arabsat Satellites
EADS Astrium is teaming with Alcatel Space to build two satellites – Arabsat-4A and Arabsat-4B – for Saudi Arabian satellite operator Arab Satellite Communications Organization (Arabsat). Financial terms were not […]
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Satellite Companies Leaning Toward WiFi For Broadband, Study Says
Disappointing growth in the satellite access market has led satellite operators to pursue alternative models of broadband service delivery, according to a study by Orlando, Fla.-based research firm Northern Sky […]
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Intelsat Tops EchoStar Bid for Loral’s North American Assets
Intelsat has topped the bid of EchoStar Communications [Nasdaq: DISH] for the North American satellites of Loral Space & Communications [OTCBB: LRLSQ]. Loral announced Monday that Intelsat had upped its […]
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The Satellite News Financial Ticker
Week of Oct. 10 – 16, 2003 Percentage Change Symbol Oct. 16 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 2.16 3.3 (7.3) […]
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Space Weather Funding in Jeopardy
By Bruce Mahone A funding dispute in Washington threatens an important U.S. government organization that provides space-related weather information used by satellite operators, airlines and others. The Space Environment Center […]
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SES Astra CEO Confident Of African Success
SES Astra hopes to become a major broadband player in Africa. The European satellite operator has teamed up with two partners, Industrial Development Corp. (IDC) and Africa Venture Partners (AVP), […]
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XM’s One Million
XM has been working for months on its marketing and promotional materials to ensure maximum benefit when it notches 1 million subscribers on its own. As of early October, the […]
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Satellite Radio Hits One Million
By Jimmy Schaeffler Although much was said about the U.S. direct broadcast satellite (DBS) industry reaching 20 million subscribers last month, no attention was given when the satellite radio industry […]
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Spotlight: GPS Will Track Ocean-going Rower
An adventurous rower who plans to travel across the Pacific and Atlantic Oceans in a 7.8-meter-long boat will be tracked the entire way using the Global Positioning System (GPS). Satamatics […]
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PanAmSat Boosts Results Despite Transponder Glut
PanAmSat [Nasdaq: SPOT] boosted its third-quarter revenues and profits despite a lingering industry-wide transponder glut in many regions of the world. The satellite operator generated revenues of $210.1 million in […]
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Loral’s Assets Rise In Value
Bankruptcy court proceedings seldom involve as much intrigue as those of Loral Space and Communications. The big winner so far seems to be Loral Chairman and CEO Bernard Schwartz, whose […]
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VOOM Unveils Enticing Channels
NEW YORK — Rainbow DBS faces numerous obstacles in its attempt to become the third high-powered satellite TV services provider in the United States. But that has not stopped it […]
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Take Our Survey and Get A 7-day Pass To Satellite Today’s Premium Content!
All you need to do is answer a few questions and we’ll get you started on your free trial to the proprietary materials on the Satellite Today Web site. Your […]
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Call For Entries – Late Deadline – November 7, 2003
2003 Telecom Marketing Awards Presented by PBI Media’s Telecom Group The Telecom Marketing Awards are among the telecommunications industry’s most privileged honors, recognizing the best telecom marketing campaigns and programs […]
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AirIQ Offers Suite of Satellite-based Telematics Services
AirIQ, a Toronto-based telematics company, has expanded a suite of satellite-based telematic services to complement its terrestrial-based services. AirIQ will now offer terrestrial or satellite-based fleet management services to its […]
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Titan II Rocket Launches Military Weather Satellite
Lockheed Martin [NYSE: LMT]-built Titan II rocket launched the Defense Meteorological Satellite Program (DMSP) Block 5D-3 spacecraft into orbit Oct. 18 at 9:17 a.m. PDT from the Vandenburg Air Force […]
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Encore Networks, Future Visions Sign Reseller Agreement
Dulles, Va.-based Encore Networks has signed a reseller agreement with Long Beach, Calif.-based Future Visions for the company to add Encore’s line of integrated IP and virtual private network products […]
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Thomson To Support New European HD Satellite Channel
Paris-based Thomson [NYSE: TMS] has signed a deal with Belgium-based Alfacam to provide the company with 5 million euros ($5.8 million) worth of broadcast equipment. Alfacam will use the equipment, […]
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DRS, ITT Ink $3.2M Military Satellite Systems Deal
Parsippany, N.J.-based DRS Technologies [NYSE: DRS] has signed a $3.2 million deal with White Plains, N.Y.-based ITT Industries [NYSE: ITT] to provide satellite communications systems to support the U.S. military’s […]
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Sea Launch To Add Land-based Missions To Sea-based Capability
Sea Launch’s board of directors has voted to enhance the joint venture’s capabilities by offering launch services from the Baikonur Cosmodrome in Kazakhstan, in addition to its sea-based launches from […]