Satellite News

Telefonica SA said it will sell its stake in satellite company Hispasat SA for EUR124 million (US$164 million) to Abertis Telecom as Spain’s biggest phone operator disposes of assets to reduce debt.
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Inmarsat said that LightSquared, which plans to build a U.S. mobile broadband service using Inmarsat’s spectrum, had failed to pay a US$56.25 million instalment due under their spectrum-sharing agreement.Other Posts:AW&ST Program Excellence Award for Atlas VAriane 5 lofts satellites for Brazil, VietnamEnergia Overseas Limited assumes DIP financing for Sea LaunchThe Advantages In Upgrading Your Satellite TV PackageUpdate: Two Ekspress payloads arrive in RussiaHayabusa making progress on its way backLoral Space results Q2 2011Arianespace revenue decreased in 2010

SES S.A. reported financial results for the twelve months to 31 December 2011.

Telespazio, a joint venture between Finmeccanica (67%) and Thales (33%), has been awarded new contracts with a total value of over EUR112 million in the first few weeks of 2012.Other Posts:United Launch Alliance has a new plan for Delta IIPreparations underway for the launch of Intelsat 15High demand for satellite capacity in MENA region, reportProgress M-66 undocked from ISSSatellite TV – Interactive Home EntertainmentESA extends ExoMars contract with Thales Alenia SpaceMake Satellite TV the Centerpiece of Your Home Theater SetupChina merges satellite operators into single company

Eutelsat reported unaudited condensed consolidated half-year results for the first six months of the company’s 2011-2012 fiscal year.Other Posts:Two years in space for GIOVE-BEADS North America expands space activities in the U.S.The Boeing Company (Network & Space Systems) results Q4 2009China to launch new meteorological satellite in MayEchoStar to provide Ku-band capacity to Sprint NextelMeasat-3A shipped to Kazakhstan for Land LaunchLockheed to build fourth AEHF satelliteAlcatel-Lucent Begins DVB-SH Trial

ViaSat Inc. announced financial results for the fiscal third quarter ending 30 December 2011.

ATK reported operating results for the third quarter of its Fiscal Year 2012, which ended on 1 January 2012.Other Posts:Arianespace plans seven to eight launches per year from 2008Acoustic testing for SBIRS GEO-1 payload completedMDA to sell property information businessSpaceX sets RazakSAT launch dateThuraya Secures New FinancingIndosat orders Palapa-D from TASWhy Satellite TV is Better Than CableGOES-N completes in-orbit testing

Roskosmos hopes to receive an insurance payment of RUB1.5 billion (US$49.6 million) for the loss of the Fobos-Grunt probe, Roskosmos head Vladimir Popovkin told Ekho Moskvy radio.