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Archive for February 16th, 2007

SSTL Adds Board Members

February 16th, 2007 by

SSTL, a designer and manufacturer of small satellites, has added three members to its board: Martin Sweeting will serve as group executive chairman, with Matt Perkins as…

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Raytheon To Deliver Navy Multiband Terminal For Testing

February 16th, 2007 by

Raytheon Co. will deliver the Navy Multiband Terminal satellite communication system to the U.S. Navy…

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TerreStar Completes Financing Transaction

February 16th, 2007 by

TerreStar Networks Inc., a majority-owned subsidiary of Motient Corp., closed on the sale of $500 million in aggregate principal…

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Video Applications Fuel Eutelsat’s Growth

February 16th, 2007 by

Eutelsat reported revenues of 415.3 million euros ($545.7 million) for the second half of 2006, the company announced Feb. 15. The revenues represented an increase of 5.2 percent over the same period…

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SES, GE Sign Buyback Deal

February 16th, 2007 by

SES Global has agreed to repurchase 103.1 million shares of SES from GE in a transaction valued at 1.2 billion euros ($1.6 billion), SES announced Feb. 14. In exchange, GE will receive shares in a new company, SES International Holdings Inc., to include the AMC-23…

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Ariane 5 Steps Up Production

February 16th, 2007 by

Ariane 5 production is being increased to meet growing demand in the launch services marketplace, Arianespace…

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ILS Proton To Launch Ciel-2 Satellite

February 16th, 2007 by

International Launch Services (ILS) signed a contract to launch the Ciel-2 satellite on a Proton Breeze-M vehicle in late 2008, the company announced…

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Iridium To Unveil Next-Generation Constellation

February 16th, 2007 by

Iridium Satellite will spend more than $2 billion to build and deploy its second-generation satellite constellation, dubbed Iridium Next, the company announced Feb. 15. Plans call for the system to be rolled out incrementally in order to ensure a smooth transition from…

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