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ICO Global Communications Ltd. (ICO) has been granted milestone extensions for the construction and launch of its ICO G1 satellite, the company announced Feb. 5. The U.S. Federal Communications Commission...

The Swedish-led Prisma satellite system has successfully passed a critical design review (CDR). The CDR was hosted at Swedish Space Corp. (SSC)’s Engineering Center in Stockholm and included SSC engineers...

Worldspace Satellite Radio, a global satellite-based digital radio services provider, has licensed Certicom’s conditional access system to secure its satellite digital radio (SDR)-based broadcast services for the European market, Certicom...

Globecomm Systems Inc. reported recorded revenues of $36.7 million in its 2007 second quarter, up from $29.9 million in the same period a year ago, the company announced Feb. 7....

Nayna Networks Inc., a provider of next-generation network systems will acquire privately held Professional Satellite & Communications LLC (ProSat), a supplier of residential broadband satellite systems, Nayna announced. ProSat, which...

GeoEye made the final payment on the $50 million credit facility that funded the acquisition of Space Imaging, GeoEye announced Feb. 5. GeoEye completed the acquisition in January 2006, and...

Pace Micro Technology, a supplier of set-top boxes to satellite pay-TV operators, posted a profit of 1.4 million British pounds ($2.76 million) in the six-month period that closed Dec. 2,...

Integral Systems Inc. will declassify its board, resulting in a single class of directors with each one up for election every year, the company announced Feb. 6. In response to...

Near Earth LLC has formed Near Earth Advisory as a distinct business unit focusing on advisory services, the company announced Feb. 5. Services will include valuations, fairness opinions, custom research...

Motient Corp. has appointed William Freeman to its board of directors, the company announced Feb. 5. Freeman is chairman of TerreStar Networks Inc., a majority-owned subsidiary of Motient.  He previously...