Satellite News

Iran has conducted its first space mission, according to the semi-official Fars news agency. Iran’s Aerospace Research Center said the suborbital rocket would not…

GuardianBox will provide security for satellite broadband systems offered by Bentley Walker, a European VSAT…

The European Space Agency (ESA) officially opened the construction site of the Soyuz launch base in French Guiana in a ceremony attended by French authorities and representatives of all…

Shin Satellite reported a net loss of 46 million Baht ($1.4 million) in 2006, the company announced Feb. 26. Discounting a 675…

Ericsson has made an unsolicited offer to acquire Tandberg Television for 9.8 billion Norwegian kroner ($1.6 billion), Ericsson announced Feb. 26. Ericsson has acquired 11.7 percent of the outstanding shares in Tandberg and has entered into agreements to acquire another 13 percent, Ericsson said…

XM Satellite Radio brought in revenues of $933 million in 2006, up 67 percent from 2005, XM Satellite Radio Holdings Inc. announced Feb. 26. XM also added 1.7 million net new subscribers in 2006 to bring its total subscribers to 7.6 million. Subscription revenue grew 64 percent to $825.6 million in 2006…

Loral Space & Communications announced an update with respect to its agreement to sell US$300 million of convertible perpetual preferred stock to affiliates of MHR Fund Management LLC, Loral’s largest shareholder.

Shin Satellite PCL reported a loss in 2006 due mainly to higher expenses and the write-off of Thaicom 3.