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Archive for August, 2007

Gilat’s Spacenet Announces Contract Extensions

August 1st, 2007 by

Spacenet Inc., a wholly owned subsidiary of Gilat Satellite Networks Ltd., has been awarded two new contract extensions, Gilat announced July 31. Terms of the deals were not disclosed. Spacenet has signed a contract extension with…
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TCS Nets $3.5 Million Addition From Army For Military Transition SATCOM Contract

August 1st, 2007 by

TeleCommunication Systems Inc. (TCS) has received a $3.5 million contract increase for satellite communications equipment and services to support Military Transition Teams…
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SES New Skies Signs African Deal

August 1st, 2007 by

SES New Skies has signed a five-year deal with one of Africa’s largest VSAT companies for capacity on its NSS-7 satellite, the operator announced July 31. SES New Skies said that…
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Army Gives Northrop Grumman $91 Million Contract To Supply GPS-Aided Laser Rangefinder Systems

August 1st, 2007 by

The U.S. Army extended a $91 million contract to Northrop Grumman Corp. for more than 300 battle-proven Lightweight Laser Designator Rangefinder (LLDR) systems, Northrup Grumman announced July…
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Sirius Increases Revenue, Narrows Loss In Second Quarter

August 1st, 2007 by

Sirius Satellite Radio enjoyed a second quarter with revenue and subscribers increasing by 51 percent and 53 percent, respectively, the broadcaster announced July 31. It attained record revenues of $226.4 million while adding more than 561,000 new subscribers to push total subscriptions to more than 7.1…
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BSkyB Closes in on Amstrad

August 1st, 2007 by

BSkyB is planning to spend 125 million British pounds ($253.0 million) to acquire British set-top box vendor Amstrad, BSkyB announced July 31. The direct-to-home operator said that its wholly owned subsidiary, Sky Digital Supplies, has made a cash offer which has been…
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Vitaly Lopota elected new Energia president

August 1st, 2007 by

Vitaly Lopota, formerly first vice president of the Energia space corporation and its chief designer, has been appointed the company’s new president.
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Afsat takes additional NNS-7 capacity

August 1st, 2007 by

SES New Skies announced that Afsat, one of Africa’s largest VSAT companies, has contracted additional capacity on the NSS-7 satellite for its ‘iWay’ broadband via satellite services.
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