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Telenor Aims To Seize Mobile Satellite Initiative
Telenor Satellite Services (TSS) CEO Tore Hilde believes the land mobile arena will offer the satellite operator numerous opportunities in the coming years. While maritime will continue to be the […]
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New Skies Considers Options
New Skies Satellites [NYSE: NSK] has completed its share buy back program, buying back over 13 million shares. The completion of the program was announced on Sept. 3. Andrew Browne, […]
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Noteworthy
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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Lockheed Martin, Government Investigate Satellite Accident
Lockheed Martin [NYSE: LMT], the contractor in charge of construction and testing of the NOAA-N Prime satellite, is working with the National Aeronautics and Space Administration (NASA) and the National […]
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SES Astra To Partner With News Equipe
SES Astra, a Luxembourg-based satellite operator, has signed a partnership agreement with News Equipe, a Dutch-German provider of satellite news gathering services. As part of the agreement, SES Astra will […]
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Hughes Joins Wi-Fi Alliance
Hughes Network Systems, a broadband satellite subsidiary of Hughes Electronics [NYSE: GMH], has joined the Wi-Fi Alliance, a non-profit organization formed to certify interoperability of IEEE 802.11 products and to […]
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Eutelsat Pursues Hotel Video Market
Paris-based satellite operator Eutelsat agreed to work with Locatel, a French integrator of audiovisual technology services, to offer digital delivery of video rental films to hotels. The deal calls for […]
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Lockheed Wins EchoStar Contract
Lockheed Martin [NYSE: LMT] Commercial Space Systems (LMCSS) has won a contract from EchoStar Communications [Nasdaq: DISH] to build an A2100 geosynchronous satellite for the satellite TV company. The satellite, […]
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Hughes, Telesat Ink Deal
Hughes Network Systems, a subsidiary of Hughes Electronics [NYSE: GMH], has signed a three-year agreement with Canadian satellite operator Telesat to provide technical support for Telesat’s telecommunications and broadcasting services […]
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Lockheed Martin-Built Titan IV Rocket Launches NRO Satellite
A Lockheed Martin [NYSE: LMT]-built Titan IV B rocket lifted off Tuesday morning at 12:29 a.m. EDT carrying a classified payload for the U.S. Air Force and the National Reconnaissance […]
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Intelsat, TVNZ Launch New Video Service
Intelsat Global Sales & Marketing and TVNZ Satellite Services have agreed tojoin forces in the occasional use broadcast services business. This alliance is designed to leverage the strengths of each […]
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ANA Signs Deal For Boeing In-flight Service
Japan’s All Nippon Airways (ANA) and Boeing [NYSE:BA] have signed a letter of intent signaling the air carrier’s plan to install the Connexion by Boeing satellite Internet service on its […]
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ILS To Launch Amazonas Satellite
International Launch Services (ILS) has signed an agreement to launch the Amazonas satellite covering Latin America for Spanish satellite operator Hispasat of Spain on a Proton/Breeze M rocket next year. […]
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Arianespace To Launch Astra 1KR Satellite
French launch services firm Arianespace has signed a contract with SES Astra to launch the Astra 1KR telecommunications satellite. Financial terms of the deal weren’t released. The launch of Astra […]
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ARINC, Telenor Form Aeronautical Services Alliance
ARINC and Telenor Satellite Services [Nasdaq: TELN] have signed an agreement that creates what the companies characterize as the world’s largest alliance of aeronautical service providers. Under the agreement, Telenor […]
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‘Survival of the Fittest’ Webinar
The battle for video and high-speed Internet access is here. Find out who is likely to win, who has the greatest challenges, and what opportunities that knowledge will open up […]
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The Satellite News Financial Ticker
Week of Aug. 29 – Sept. 4, 2003 Percentage Change Symbol Sept. 4 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 3.1 13.1 […]
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Integral Systems Acquires Unit
Satellite ground systems provider Integral Systems [Nasdaq: ISYS] signed a pact to buy the intellectual property rights, inventory and other assets of the former Jackson & Tull Satellite Ground Systems […]
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Gilat Inks Deal With Valero
Spacenet, a U.S. subsidiary of Gilat Satellite Networks [Nasdaq: GILTF], has signed a deal with Valero Energy [NYSE: VLO] to provide a broadband satellite communications network for the company’s 4,000 […]
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New Skies Closes Share Buy Back
New Skies Satellites [NYSE: NSK], the Netherlands-based global satellite communications company, has completed its share repurchase program, acquiring a total of 13,057,024 ordinary shares at a cost of approximately $54.0 […]
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Merrimac Gets Boeing GPS Order
Merrimac Industries [AMEX: MRM] has signed a deal with Boeing [NYSE: BA] that could reach a value of $4.4 million to supply its Beamforming Networks and RF/Microwave signal processing components […]
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Lockheed Adds GPS Partners
Lockheed Martin [NYSE: LMT] announced that Raytheon [NYSE: RTN], ITT [NYSE: ITT] and General Dynamics [NYSE: GD] have joined its team to develop the GPS III, the U.S. Air Force’s […]
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Alaska Station Buys Norsat Units
Alaska’s largest TV station and Anchorage’s NBC affiliate KTUU has purchased Norsat International’s NewsLink portable satellite terminal. With this purchase, KTUU ends a three- year search to find satellite technology […]
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Frost Named VP at GlobeCast
Satellite broadcast provider GlobeCast America has appointed Mary Frost as senior vice president of sales. In her new position, Frost will be responsible for overseeing both domestic and international sales […]
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EchoStar Redeems Senior Notes
EchoStar Communications [Nasdaq: DISH] confirmed that effective Sept. 3, 2003, its subsidiary, EchoStar DBS Corp., completed the redemption of $245 million principal amount of its 9 1/8 percent senior notes […]
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Sirius, Antex Unveil Receiver
Sirius Satellite Radio [Nasdaq: SIRI] and equipment manufacturer Antex Electronics have introduced what they say is the world’s first satellite radio specifically designed for use in multi-room, multi-zone audio systems. […]
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Loral Skynet Inks Rede TV Deal
Loral Skynet do Brasil, a subsidiary of Loral Space & Communications [OTC: LRLSO], has signed an agreement with Brazilian television network Rede TV to provide satellite capacity on Telstar 12 […]
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DirecTV, EchoStar Team For Washington Battles
Hughes Electronics’ [NYSE: GMH] DirecTV unit and EchoStar Communications [Nasdaq: DISH], the two high-powered U.S. satellite TV service providers, are joining forces in trying to fend off two threats that […]
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Survey Shows Satellite Radio Is Building Momentum
Satellite radio, which is advancing beyond the “early adopter” stage, is expected to achieve robust growth for the rest of 2003 and beyond, according to a survey by ChangeWave Research, […]
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DBS Rolls Past 20-million Subscriber Mark
By Jimmy Schaeffler Since its inception in mid-1994, the U.S. direct broadcast satellite (DBS) industry has undergone a remarkable consolidation. The playing field has winnowed from almost three- dozen entrants […]