Focus: Telecom

[Satellite Today – 4-29-08] Wegener Corp. received a $1.2 million order for a digital signage project for the financial services industry, Wegener announced April 28.     The order marks the launch of Wegener’s new iPump 562 enterprise media server, which supports bandwidth-saving features such as MPEG-4/h.264 video decompression, file-based workflows and DVB-S2 (digital video broadcasting-satellite-second...

[Satellite Today – 4-29-08] Sirius Satellite Radio and XM Satellite Radio have postponed their 2008 annual meetings of stockholders, the companies announced April 29.     The companies will announce a new date for the meeting when it has further information relating to the timing of the pending merger between the two companies.      The U.S....

[Satellite Today – 4-28-08] Spacecom’s Amos-3 satellite was launched from Baikonur Cosmodrome aboard a Zenit-3SLB Land Launch vehicle, Israeli Aerospace Industries and Sea Launch announced.     Land Launch uses a Zenit-3SLB version of the Sea Launch Zenit-3SL rocket, with the satellite and the launch vehicle processed and launched from existing Zenit facilities at Baikonur. Space...

[Satellite Today – 4-28-08] Europe’s satellite navigation program has been boosted by the launch of the GIOVE-B (Galileo In-Orbit Validation Element) satellite, the European Space Agency (ESA) announced April 27.     GIOVE-B was lofted into orbit by a Soyuz/Fregat rocket provided by Starsem. The satellite, built by a European industrial team led by Astrium GmbH,...

[Satellite Today – 4-28-08] Integral Systems Inc. posted a 55 percent increase in revenue and a 100 percent increase in income from operations, the company announced April 28.     Revenue for the quarter ending March 31 was $44.9 million, up from $29 million in the second quarter of 2007. Second quarter income from operations was...

[Satellite Today – 4-28-08] Iridium Satellite LLC had a “record setting” 2008 first quarter, the company announced April 28.     Revenue in the first quarter was $74.3 million, a 41 percent increase over 2007’s $52.7 million.    As of March 31, Iridium surpassed 250,000 subscribers around the globe, a 37 percent increase over the 183,000 subscribers...

[Satellite Today – 4-28-08] Hughes Network Systems LLC will provide a satellite system for Orion Satellite Systems of Australia to provide broadband Internet access service to remote areas in Australia, Hughes announced April 28.     “Hughes has one of the largest installed bases of broadband satellite terminals in Australia and we are very pleased that...

[Satellite Today – 4-28-08] SES has seen a strong increase in net profits for the quarter ended March 31, reporting earnings of 120.9 million euros ($189 million), the company announced April 28. In the 2007 first quarter, SES reported profits of 97.7 million euros ($152.7 million).     The profit gains came in the face of...

[Satellite Today – 4-25-08] Northrop Grumman‘s aerospace division sales for the first quarter of 2008 increased 4 percent from 2007, the company announced April 25.     The division reported $2.1 billion in sales for the quarter ending March 31, compared to $2 billion in 2007. Space Technology sales increased 3 percent to $775 million, primarily...

[Satellite Today – 4-25-08] Orbital Sciences Corp. will repurchase up to $50 million of its common stock, the company announced April 25.     The board’s authorization will replace a previous $50 million securities repurchase program that expires May 2, under which Orbital has repurchased $45.2 million of its common stock. Since mid-2004, when Orbital’s buyback...