Satellite Industry Intelligence Since 1983
Integral Systems, Inc. [NASDAQ: ISYS] today announced the results of its tender offer, which expired at 12:00 midnight, New York City time, on September 11, 2007. The company has accepted for purchase 1,850,000 shares of its common stock at a purchase price of $27.00 per share, for an aggregate purchase price of $49.95 million.
Read MoreMILCOM, the Premier Military Communications Conference, to be held from October 29-31, 2007 at Gaylord Palms Resort and Convention Center, Orlando, FL, has updated the list of influential and knowledgeable subject-matter expert speaker list. They are as follow:
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 MoreA new sales agreement authorized by Spacenet Inc. is signed with TESSCO Incorporated, a wholly owned subsidiary of TESSCO Technologies Incorporated, (NASDAQ: TESS). The Spacenet agent program enables qualified telecommunications providers and value-added resellers to offer Spacenet’s Connexstar voice, data and video satellite communications services.
Read MoreGigaSat has just announced BBC World Service has awarded a tender to the company for the manufacture, integration and supply of four FA-180 flyaway satellite earth stations. The systems will be operated from four separate key locations in the Middle East and are designed specifically to withstand the harsh climatic conditions of the region and to be quickly deployed for transmission on any choice of satellite.
Read MoreSES ASTRA, an SES company [Euronext Paris and Luxembourg Stock Exchange: SESG], announced they have signed a new contract for their interactive TV service Blucom for the Arab World. MBC, the free-to-air multi-channel media group in the Middle East and North Africa (MENA) region, will use Blucom for voting, greeting, downloading, and other enhanced TV-applications for its flagship channel MBC1, the news channel Al Arabiya, and the Saudi Arabian radio channel MBC FM.
Read MoreSatellite operator Avanti Communications has signed a contract to purchase launch services for its first satellite, HYLAS (highly adaptable satellite), from Space Exploration Technologies Corporation (SpaceX), USA. A launch window for the satellite to launch between March and December 2009 has been booked.
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.
Read MoreAnother service provider has signed on with SES ASTRA for that company’s ASTRA2Connect satellite-based broadband service. The contract partner National Broadband Services will specialize in offering ASTRA2Connect in Ireland.
Read MoreMarshall Communications Corporation [MARSHALL] announced the Defense Information Systems Agency (DISA) of the United States Department of Defense (DOD) has awarded a contract to MARSHALL for the Tactical Service Provider (TSP) for the Joint Capability Technology Demonstration (JCTD). The Deputy Undersecretary of Defense for Advanced Systems and Concepts, in conjunction with the U.S. Congress, established the JCTD Program to rapidly place relevant, mature, technologies in the hands of the Joint Coalition Warfighters.
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