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NASA has awarded Indefinite Delivery/Indefinite Quantity (IDIQ) launch contracts to The Boeing Co. [BA] and Lockheed Martin Corp. [LMT]. The agency awarded three launches under the contracts to Boeing. NASA...

The failure of Iridium LLC may have cost investors and bankers nearly $5 billion, but space ventures that are breaking ground through the Internet, broadband applications or multimedia content delivery...

NEW YORK–Financiers urged space and satellite executives to pay closer attention to the details of their structured business plans if they want to gain financial backing for space ventures. Wall...

NEW YORK–As consolidation sweeps the global economy, the satellite and space industry will continue to follow suit with the formation of new consortia and individual corporate streamlining in hopes of...

Amsterdam-based MirCorp inaugurated its Citizen Explorer Program, which soon may provide the first commercial manned flight opportunity for private citizens. Dennis Tito, a 59-year-old California millionaire is slated to become...

Cidera Inc. of Laurel, Md., which specializes in distributing Internet content by satellite, has been selected by Road Runner, a cable TV Internet service, to supply its service to Road...

America Online Inc. [AOL] and Hughes Network Systems Inc. [GMH] plan to start Beta tests of their planned AOL Plus Powered by DirecPC service in about 16 markets, including New...

Telenor AS, the Norwegian national telephone company, has won a license to provide satellite services in Morocco. It plans to invest about $2.7 million this year to install VSAT earth...

Sirius Satellite Radio Inc. [SIRI] said Lehman Commercial Paper Inc., a subsidiary of Lehman Brothers Inc. has agreed to provide it with a $150 million committed credit facility. Loans under...

Asia Cellular Satellite (ACeS) is wasting no time in developing additional services and promoting itself, several months in advance of the planned launch of its commercial service. ACeS has joined...