Lifeline Tossed To SIRIUS By Liberty Media
To the tune of $530 million, SIRIUS XM Radio has temporarily staved off bankruptcy, thanks to a rescue by Liberty Media.
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Serious Space Studies Support By Boeing
The International Space University (ISU) now has a five-year renewal of a partnership agreement with The Boeing Company, in which the Company will continue its strong support of the university’s programs and students.
Read MoreFinancially Speaking… Raven Group Ltd…
Raven Group, Ltd. has announced Edgewater Funds and Granahan McCourt Capital invested in the Company to boost its expansion with total solutions for integrated outdoor units as well as associated electronics and equipment.
Read MoreGlobalstar… Home, Home On The Range… Open, That Is…
Globalstar, Inc. reports that Open Range Communications Inc. has closed on its equity financing of $100 million from One Equity Partners (OEP), the private equity arm of JPMorgan Chase & Co.
Read MoreWith Connecticut Incubation Help, Firm To Enter UAV Engine Arena
Governor M. Jodi Rell of Connecticut has announced six more start-up technology companies have received a financial boost through the Connecticut Small Business Incubator Program, including one firm intent of gaining ground in the UAV industry.
Read MoreGrameenphone Files for Biggest IPO in the Country
The Bangladeshi mobile operator Grameenphone, which is 62 percent owned by Telenor, today filed its final application for an initial public offering (IPO) of US$65 million.
Read MoreMulti-UAVs — Single Commander — Proxy Aviation Systems Technology Funded
Proxy Aviation Systems received $4.4 million in federal funding to advance their unmanned aerial systems and unique cooperative flight technology.
Read MoreCongrats! NASA Selects 142 Small Businesses
NASA has selected 142 proposals for negotiation of Phase 2 contract awards in the Small Business Innovation Research program, known as SBIR. The selected projects have a total value of approximately $85 million.
Read MoreArmadillo Wins $350,000 in NASA Prize
Not the armored mammal that belongs to the order Cingulata, family Dasypodidae. Rather, Armadillo Aerospace of Rockwall, Texas, which earned $350,000 in NASA prize money during the Northrop Grumman Lunar Lander Challenge in Las Cruces, New Mexico.
Read MoreIt’s Paradise For Asian Net Expansion Project
Intelek plc (AIM: ITK) designs and manufactures electronic systems and components for the satellite, wireless communications and defence sectors. The company has announced their wholly owned subsidiary, Paradise Datacom, has won a contract to supply their Evolution satellite modems for the first phase of a large mobile telephone network expansion project in Asia.
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