Satellite News

MacDonald, Dettwiler and Associates Ltd. announced that it has closed the sale of its Property Information business.
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Arianespace saw its revenue drop last year by about EUR100 million to slightly more than EUR900 million (US$1.2 billion), the company’s CEO Jean-Yves Le Gall said.

The Export-Import Bank of the United States announced it has approved a US$171.5 million direct loan to support the export of a Ku-band broadcast satellite by Space Systems/Loral (SS/L) to SES S.A.

Astrium has created a new joint venture in Poland – Astri Polska – with CBK PAN, the Space Research Centre of the Polish Academy of Sciences.

ISRO has placed an order with Arianespace for the launch of two more commercial satellites, GSAT 8 and GSAT 10, in 2011 and 2012 respectively.

Satellite imagery and geo-information specialists Spot Image and Infoterra, subsidiaries of Astrium Services, will combine forces to form its new GEO-Information business division in January 2011, when a single operational management structure will be implemented.

O3b Networks announced that it has secured its final funding round before service launch.
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Canadian Satellite Radio Holdings Inc. (CSR), parent company of XM Canada, and Sirius Canada Inc. announced they have entered into a definitive agreement to combine the companies in an all-stock merger of equals with a combined enterprise value of approximately C$520 million, which includes long-term debt of approximately C$130 million.
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