Satellite News

Spacehab, Incorporated announced financial results for the third quarter ending 31 March 2008 of its fiscal year 2008.
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Hughes Communications, Inc. announced financial results for the quarter ending 31 March 2008.
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The DirecTV Group, Inc. reported financial results for the first quarter 2008.
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OHB Technology AG reported financial results for the first quarter 2008.
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Russian Space Communications Company (RSCC) has signed loan agreements with Russia’s Sberbank worth a total of RUB6.2 billion (EUR169 million, US$260 million) for funding its costs related with the production and launch of satellites, the company said.
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Willis Inspace announced it has provided Eutelsat with the largest launch insurance package ever placed for a satellite operator in the space insurance market.
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Orbcomm Inc. has signed a next generation satellite constellation contract with Sierra Nevada Corporation (SNC) to build 18 new Orbcomm Generation 2 (OG2) satellites with an option to purchase up to 30 additional OG2 satellites to augment and upgrade Orbcomm’s existing satellite constellation.
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Following a successful launch on 27 April, GIOVE-B began transmitting navigation signals today.
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