Latest News

Northrop Grumman, SpaceX File Protests Over ULA
Northrop Grumman Corp. and Space Exploration Technologies Corp. (SpaceX) filed complaints with the U.S. Federal Trade Commission over pending approval of the United Launch Alliance (ULA). The joint venture, which received preliminary approval in October, would combine the government launch vehicle operations of Boeing Co. and Lockheed Martin Corp. SpaceX, which would be a competitor...
Connectivity
Orbcomm Prices IPO
Orbcomm Inc. priced its initial public offering (IPO) of 9.2 million shares of common stock at $11 per share, the company announced Nov. 2. The offering was scaled back, as Orbcomm had announced in October its plans to offer 11.2 million shares at a range of $12 to $14. The stock will trade on the...
Connectivity
Royalty Group Seeks Higher Fees From Satellite Radio
Soundexchange, the non-profit organization that collects and distributes royalties from digital music services on behalf of artists and record labels, is seeking higher fees from Sirius Satellite Radio and XM Satellite Radio, Soundexchange announced Oct. 30. "The essence of satellite radio is music," John Simson, executive director of Soundexchange, said in a statement. "We are...
Connectivity
VSAT Tops Its Previous Numbers
ViaSat Inc. posted record revenues of $131.5 million in its 2007 second quarter, up from revenues of $104.1 million in the same period a year ago, the company announced Nov. 2. ViaSat’s profits improved from $6 million to $6.5 million over the same period. The government segment had revenues of $70 million in the 2007...
Connectivity
Cingular To Offer XM Channels
Cingular Wireless LLC and XM Satellite Radio Holdings Inc. announced a partnership Nov. 2 to stream 25 XM music channels to Cingular handsets. Beginning Nov. 6, Cingular Wireless customers may choose among 25 audio streams of commercial-free music channels through the XM Radio Mobile service. Cingular Wireless, the largest U.S. wireless carrier with more than...
Government/Military
Globalstar Prices Its IPO
Globalstar Inc. priced its initial public offering at $17 per share, the company announced Nov. 2. The company has also added 1 million shares to the offering, bringing the total to 7.5 million shares. The stock has begun trading on the Nasdaq under the symbol GSAT. Globalstar intends to use the proceeds from the offering...
Orange Launches GPS For 3G Phones
Orange UK will launch a GPS navigation system for corporate customers that will be powered by Webraska, a provider of mobile GPS navigation systems and geospatial software for wireless carriers and service providers, Webraska announced Nov. 2. Available through Orange Business Services, Sat-Nav from Orange provides maps and traffic updates that are held on a...
BADR-4 Satellite Readies For Nov. 8 Launch
Launch preparation is underway in Baikonur, Kazakhstan, for the launch of BADR-4, a Eurostar E2000+ satellite built by Astrium for the Arab Satellite Communications Organization (Arabsat). Liftoff on a Proton Breeze-M vehicle owned by International Launch Services (ILS) is scheduled for Nov. 8 at 20:01 GMT (3:01 p.m. EST). BADR-4, which carries 32 Ku-band transponders,...
Connectivity
Apax Closes FTMSC Deal
Apax Partners has completed the acquisition of France Telecom Mobile Satellite Communications (FTMSC), a deal commenced in July. Apax also recently announced its acquisition of Telenor Satellite Services, bolstering its status to become a key player in the mobile satellite communications market.