Finance

Orbital's Results Represent "Solid Start" to 2013
[Satellite TODAY 04-24-13] Orbital Sciences had an encouraging first quarter with net profits reaching $19.6 million, an increase of $6.6 million. However, revenues for the quarter were slightly down at $334.8 million. Chris Quilty, senior vice president at Raymond James said in a research note that the results were “stronger than expected.”        Explaining...
Finance
Arianespace Appoints Le Gall Replacement
[Satellite TODAY 04-18-13] Arianespace has appointed Stéphane Israël as its new chairman and CEO, the company announced April 18. Israël replaces Jean-Yves Le Gall, who is the new president of French space agency CNES (Centre National d’Etudes Spatiales). Israël starts his new role next week.     Israël moved to the aerospace industry in 2007, first...
Finance
ILS Boosted by Satmex 8 Launch Success
International Launch Services (ILS) has successfully launched the Satmex 8 satellite for Mexican satellite operator, Satmex. The ILS Proton Breeze M vehicle launched from Pad 39 at the Baikonur Cosmodrome at 01:07 today local time. It was the first successful launch for ILS this year.
Finance
Amicable Launch Services Panel Recognizes Common Challenges
[Satellite TODAY 03-20-13] It was a unusally friendly launch services panel at SATELLITE 2013, featuring a mostly new set of leaders from Arianespace, International Launch Services (ILS), Lockheed Martin Commercial Services, SpaceX, Mitsubishi Heavy Industries and Sea Launch examining a cooperative approach to increase business and profitability for the entire sector. With increasing pressure from...
Finance
Echostar Selects Sea Launch Zenit-3SL For 2015 Mission
[Satellite TODAY 03-19-13] Satellite services provider Echostar has contracted Sea Launch to orbit a satellite on a Zenit-3SL vehicle from its Pacific Ocean-based Odyssey platform in 2015.     In a joint statement issued March 18, the companies said Sea Launch’s Zenit-3SL was “ideally suited for launching heavyweight-class spacecraft, with multiple restart capability and heavy-lift performance.”...
Finance
Arianespace's Le Gall Scores Intelsat Launch Deal Before Heading to CNES
[Satellite TODAY 03-18-13] European commercial launch provider Arianespace has signed a launch services contract with FSS operator Intelsat that will send three of its satellites into orbit through 2017. The satellites will weigh more than six tons each at launch and therefore, be placed into their geo-transfer orbits by Arianespace Ariane 5 ECA heavy-lift rockets...
Finance
SpaceX Visits Texas for Possible Spaceport, Announces New Grasshopper Test
Tags: SpaceX,Spaceport, NASA, Grasshopper, Reusable rocket Publication: GizMag.com Publication Date: 03/10/2013 Click on the image to watch SpaceX’s Grasshopper reusable vertical takeoff and landing rocket take its highest flight to date. Image credit: SpaceX During his presentation at the South By Southwest (SXSW) Interactive festival in Austin, Texas, SpaceX founder Elon Musk said the event...
Finance
Arianespace Signs $300 Million Launch Deal With Australia's NBN
[Satellite TODAY 03-04-13] The Australian National Broadband Network (NBN) has announced a $300 million deal with Arianespace to procure and launch two rockets carrying its satellites in 2015. NBN’s goal is to ensure that approximately 250,000 households, farm and businesses in remote areas – including overseas territories, such as Christmas Island – get the same...
Finance