Satellite Industry Intelligence Since 1983
From a Deutsche Welle German radio broadcast on September 19th, information regarding the EU’s Galileo project was broadcast. And as most of our readers are well aware, the multi-billion-euro Galileo satnav project, a counter to the US global positioning system GPS, has experienced some troubles of late.
Read MoreThe Principality of Sealand has received a multi-million dollar investment opportunity from a Russian investment group to fund the launch of a new communications satellite. So states the official newspaper of the country, the Sealand News.
Read MoreOn September 4, 2007, Loral Skynet Corporation, a wholly owned subsidiary of Loral Space & Communications Inc., entered into a Loan and Security Agreement with Valley National Bank. The purpose of the Loan Agreement is to make available to Skynet a loan to fund the redemption of Skynet’s 14 percent Senior Secured Cash/PIK Notes due 2015.
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