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TerreStar Completes Financing Transaction

TerreStar Networks Inc., a majority-owned subsidiary of Motient Corp., closed on the sale of $500 million in aggregate principal amount of its 15 percent senior secured notes due 2014, TerreStar...

ILS Proton To Launch Ciel-2 Satellite

International Launch Services (ILS) signed a contract to launch the Ciel-2 satellite on a Proton Breeze-M vehicle in late 2008, the company announced Feb. 15. Ciel-2, built by Alcatel Alenia...

Ariane 5 Steps Up Production

Ariane 5 production is being increased to meet growing demand in the launch services marketplace, Arianespace announced Feb. 15. In a declaration signed in Bremen, Germany, production of Ariane 5...

Video Applications Fuel Eutelsat's Growth

Eutelsat reported revenues of 415.3 million euros ($545.7 million) for the second half of 2006, the company announced Feb. 15. The revenues represented an increase of 5.2 percent over the...

Intelsat Names Shernit To Run Intelsat General Unit

Intelsat has appointed William Shernit as president of its subsidiary, Intelsat General, Intelsat announced Feb. 14. Intelsat General provides communications systems primarily to military and civilian government customers. Shernit has...

Space Systems/Loral Completes GOES Program Work

Space Systems/Loral (SS/L) has completed satellite support operations for U.S. National Oceanic and Atmospheric Administration’s Geostationary Operational Environmental Satellites (GOES) program, the company announced Feb. 13. SS/L manufactured the GOES...