Author: Staff Writer

Lockheed Martin Corp. [LMT] has agreed to sell about one-third of its equity interest in Inmarsat Ventures Ltd. to Telenor, the largest Norwegian carrier, for more than $100 million. Lockheed...

The Mobile Satellite Users Association is an industry organization representing the users of mobile satellite services. The group is hosting its first users conference in Crystal City, Va., just outside...

Lessons Learned from Iridium, ICO, and Globalstar – Part 3 The aerospace industry has been notorious for over-runs on government programs. However, the commercial space industry has been operated like...

Orbcomm Files For Voluntary Chapter 11 Bankruptcy Protection In a move that should have come as no surprise to industry observers, Orbcomm Global L.P. [ORB] voluntarily filed for Chapter 11...

In another shrewd financing move by Globalstar Telecommunications Ltd. [GSTRF], the company has secured an additional $105 million. The company earlier this week (Sept. 19) announced that it has entered...

It seems like Wall Street was ready for Orbcomm’s filing for Chapter 11 Bankruptcy protection, at least in terms of how it affected one of its parent companies – Orbital...

The calling capacity of the Asia Cellular Satellite’s Garuda 1 mobile services satellite “is likely to be limited by an antenna-related anomaly discovered…during testing by its manufacturer, Lockheed Martin Corp.”...

Hughes Space and Communications Co. [GMH] will build at least three additional satellites for New ICO, the reorganized and refinanced company that has emerged from the bankrupt ICO Global Communications....

Belgium telecom operator Belgacom and Eutelsat have launched a new service called Internet Over Satellite, which is aimed at ISPs and corporate users located in areas with poor terrestrial infrastructure....

Eutelsat’s W1 satellite was successfully launched by Ariane V132. The Ariane 44P rocket, delivered by Arianespace, took off from Kourou, French Guyana. Control of the satellite by CNES in Toulouse...