Focus: Telecom

[Satellite News 07-22-08] The aerospace industry has been dominated by the federal government investments, but Space Angels Network principal and co-founder Burton Lee aims to bring seed- and early-stage financing infrastructure found in the semiconductors, software, life-sciences, bio-tech and other related high-tech sectors into the space industry.     His network of accredited angel investors is...

[Satellite 07-22-08] Comtech EF Data Corp. has acquired the network backhaul assets and the NetPerformer and AccessGate product lines of Verso Technologies, Comtech Telecommuications Corp. announced July 21.     The acquired assets and product lines cater to enterprises and mobile carriers and will be merged with Comtech EF Data’s subsidiary, Memotec Inc.     The acquisition,...

[Satellite Today 07-22-08] C-Com Satellite Systems Inc. reported second quarter revenues of $1.8 million, an increase of 17 percent from the same period in 2007, the company announced July 22. C-Com posted a profit of $213,600 in the quarter, which closed May 31, up from a profit of $40,000 in the 2007 second quarter. C-Com...

[Satellite News 07-21-08] Inmarsat has ended discussions with Harbinger Capital Partners in regard to a possible offer for Inmarsat, the satellite operator said July 21.     Harbinger, which is Inmarsat’s largest shareholder with a 28 percent stake, had been linked with a possible takeover of the mobile satellite service (MSS) company. Inmarsat said discussions with...

[Satellite News 07-21-08] Louis Brothers, founder and president of Valley Forge Composite Technologies (VFCT), is so confident that his company’s new small satellite platform will be a revolution for the industry that he invites critics and non-believers to see it themselves.     “We think our technology is better than anything else out there,” Brothers said...

[Satellite News 07-21-08] XM Satellite Radio added 322,000 net subscribers in the 2008 second quarter to bring its total subscriber base to 9.7 million, XM Satellite Radio Holdings Inc. announced July 21.     Total gross additions for the quarter were 1.1 million, which included a record 857,000 additions through original equipment manufacturer channels. Second quarter...

[Satellite News 07-21-08] AeroAstro, a business unit of Radyne Corp., named Paul Lithgow COO, the company announced July 21.     Lithgow will supervise upper management and oversee current programs and new business development. Lithgow also will serve as the primary interface between Radyne and AeroAstro.     Lithgow previously served as the director of advanced concepts...

[Satellite Today 07-18-08] Antenna Technology Communications Inc. (ACTi) introduced a specialized two-channel flyaway broadcast system geared towards specific applications in Southeast Asia, the company announced July 18.     The new package will be part of a lease business model tailored for teleports and other commercial users in the region to purchase their own system and...

[Satellite Today 07-18-08] Space Angels Network LLC, a network of seed- and early-stage investors focused on aerospace-related ventures, issued a call for applicant companies for the Aerospace Venture Forum, Space Angels announced July 17.     The forum, scheduled for Sept. 26 in Los Angeles, will showcase promising aerospace ventures and allows entrepreneurs to present their...

[Satellite News – 07-18-08] BSkyB, which serves around 1.4 million broadband subscribers in the United Kingdom, hopes to use that infrastructure to provide the next generation of content services to its subscriber base, a company official said.     The satellite pay-TV provider launched its Sky Broadband offerings in 2006 following the acquisition of terrestrial service...