Satellite Industry Intelligence Since 1983
[SatNews] The Export-Import Bank of the United States has approved a $171.5 million direct loan to support the export of a Ku-band broadcast satellite by Space Systems/Loral (SS/L) of Palo Alto, Calif., to SES S.A. of Chateau de Betzdorf, Luxembourg.
Read More[SatNews] More news regarding the financing for O3b Networks.
Read More[SatNews] O3b Networks has secured its final funding round before service launch.
Read More[SatNews] The international law firm Milbank, Tweed, Hadley & McCloy, LLP represented Iridium Communications, Inc. in the US$1.8 billion financing for its nexgen satellite constellation, Iridium NEXT, comprising of 66 operational low-earth orbit satellites and a number of in-orbit and ground spares.
Read More[SatNews] Astrotech Corporation paid off one loan and has taken on new financial responsibilities in the process.
Read More[SatNews] LightSquared(tm) has closed on $850 million of debt, which represents the initial round of a syndicated secured credit facility arranged and led by UBS AG.
Read More[SatNews] Iridium Communications Inc. (Nasdaq:IRDM) has signed the definitive Coface Facility Agreement to finance its next-generation satellite constellation, Iridium NEXT.
Read More[SatNews] COM DEV International Ltd.'s (TSX:CDV) data services subsidiary, exactEarth Ltd. (“the Company”), has added a strategic investor that will play an important role in delivering and growing the Company’s exactAIS™ service in the marketplace.
Read More[SatNEws] GeoEye, Inc. (Nasdaq: GEOY) has completed the previously announced private placement of 80,000 shares of the Company's Series A Convertible Preferred Stock to Cerberus Satellite LLC, an affiliate of Cerberus Capital Management, L.P.
Read More[SatNews] According to Bloomberg, LightSquared, the $7B Long Term Evolution (LTE) open-access mobile network that will use satellite spectrum (acquired by New York investment firm Harbinger Capital) has obtained a four-year $750M loan from UBS.
Read More
Satnews is a leading provider of satellite news, events, publications, research and other satellite industry information in both commercial and military enterprises worldwide.