ORBITS: News Briefs…

Additional Green On The Scene For Orbital

With Citi, BofA, Wachovia, PNC and Sovereign Banks enabling credit, no wonder Orbital Sciences Corporation is significantly delighted with their new $100 million revolving credit facility. This is a five-year credit arrangement and replaces the company’s present $50 million credit facility. Mr. Garrett E. Pierce, the company’s Vice Chairman and CFO, stated, “The significantly lower pricing structure and generally less restrictive covenants provide Orbital greater financial flexibility to support the company’s growth strategy and to improve our profitability.” There’s nothing like new or additional credit to validate a company’s financial strength!



No Bull In Istanbul, Thanks To Hannover

Another impressive event from the folk who bring us CeBIT excitement (Hannover-Messe Int’l)… the 11th Broadcast, Cable & Satellite Eurasia 2007 is being conducted in Istanbul Expo Center in Istanbul, Turkey, from November 22nd through the 25th. The website for additional information is located at https://www.cebit-bcs.com.



InfoStreet Makes Hughes Smarter

As most are already aware, last week saw the successful launch of the Hughes/Spaceway Division’s satellite for consumer broadband Internet access. Just imagine, if you are able, the plethora of project management tasks, the minute detail, required to ensure such a launch was successful. Overwhelming? Could be… however, to make certain Hughes stayed on task, with full auditability, Hughes/Spaceway used InfoStreet’s StreetSmart software to ensure all was as predicted. StreetSmart is a SaaS application that’s delivered via the web. StreetSmart is used to schedule activities related to spacecraft maintenance and the myriad of tasks performed by satellite controllers.



Fishing For Communications

Right-A-Mundo… the Offshore Communications 2007 conference will be held at the Marriott Westchase in Houston, Texas, from November 6th through the 8th. Attendees will be connecting with the offshore oil and gas and maritime industries and be inundated with the latest in communications technologies. This event is held in association with a whole slew of sponsors from Inmarsat to Deltawave Communications, Uplogix to RigNet, Sea Mobile to Sea Tel, OSI to GVF Satellite Solutions. The main event sponsor is Schlumberger and the industry sponsor is CapRock Communications. The Corporate Sponsors include SES AMERICOM and SES NEW SKIES with the Networking Reception Sponsor being none other than Intelsat. And, yes, there’s even a golf tournament! For further information, the event states https://www.offshorecoms.com/attendee-registration.php is the URL to head into.



Wow, it’s always a great feeling to be the first in anything, be such sports, career, your family, or… to be the first company in South East Asia to receive a Design Organisation Approval (DOA) by the European Aviation Safety Agency. And that’s exactly what Singapore Technologies Aerospace Ltd. (ST Aerospace) has accomplished. They may now approve perform engineering design work on European Union (EU) registered aircraft, all because they met the airworthiness requirements of EASA Part 21.