Satellite News

Gilat Satellite Networks Ltd. announced Sept. 27 that York Capital Management has exercised its option to convert all of its $70.4 million loan, plus accrued interest of about $1 million, into 10.6 million shares of Gilat. After the conversion…

SES Astra announced that it has signed a new transponder contract with the British commercial TV broadcaster Five.

Lockheed Martin has received a contract for approximately US$10 million to further develop advanced material technology and next-generation hull material for stratospheric airships under the U.S. Defense Advanced Research Projects Agency (DARPA)’s Integrated Sensor Is Structure (ISIS) programme.

XM Satellite Radio Holdings Inc. said in a U.S. Securities and Exchange Commission filing that it failed to collect on an outstanding insurance claim submitted in August 2004.

Japan’s last M-V rocket actually had a second payload in addition to Solar-B: HIT-SAT, a tiny amateur radio satellite.

Khrunichev will manufacture the Kazsat-2 satellite for the government of Kazakhstan, according to a Sept. 26 report from RIA Novosti. Khrunichev…

BSkyB announced a key contract as it looks to ramp up its triple-play operations in the United Kingdom. Easynet, which BSkyB acquired in 2005, awarded a multi-million dollar contract to telent PLC to manage the…

The MetOp-A satellite has been mated to the Fregat upper stage in preparation for a scheduled Oct. 7 launch aboard a Russian Soyuz rocket, the European Space Agency…