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Archive for February 7th, 2007

Nayna To Acquire ProSat

February 7th, 2007 by

Nayna Networks Inc., a provider of next-generation network systems will acquire privately held Professional Satellite & Communications LLC (ProSat), a supplier of…

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GeoEye Makes Final Debt Payment For Purchase Of Space Imaging

February 7th, 2007 by

GeoEye made the final payment on the $50 million credit facility that funded the acquisition of Space Imaging, GeoEye announced Feb. 5. GeoEye…

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Pace Releases Latest Results

February 7th, 2007 by

Pace Micro Technology, a supplier of set-top boxes to satellite pay-TV operators, posted a profit of 1.4 million British pounds ($2.76…

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Integral Stockholders Halt Actions After Company Makes Changes To Board Of Directors

February 7th, 2007 by

Integral Systems Inc. will declassify its board, resulting in a single class of directors with each one up for election every year, the company announced Feb. 6. In response to the move, Fursa Alternative Strategies LLC, Integral’s largest stockholder, and…

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Satellite Problems Threaten Globalstar Service

February 7th, 2007 by

Globalstar’s customer could lose their two-way voice and data service as early as next year, Globalstar announced Feb. 6. Many of the company’s 40 satellites are suffering from degraded performance in their S-band antennas, and the rate of degradation has accelerated, Globalstar said in a Feb. 5 filing to…

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Globecomm Systems results 2Q FY 2007

February 7th, 2007 by

Globecomm Systems Inc. announced financial results for the company’s fiscal 2007 second quarter.

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FCC grants milestone extension to ICO

February 7th, 2007 by

ICO Global Communications (Holdings) Limited announced that the U.S. Federal Communications Commission (FCC) has granted ICO’s request for milestone extensions in connection with the construction and launch of ICO G1, the company’s geostationary satellite for ICO North America that is to provide 2 GHz mobile satellite service (MSS).

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Launch preparations underway for last DSP satellite

February 7th, 2007 by

Launch processing of the 23rd and final Northrop Grumman Corporation-built Defense Support Program (DSP) satellite took a major step forward with the mating of the satellite and the launch vehicle payload adapter.

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