Satellite News

Astrotech Corporation (formerly known as Spacehab) announced financial results for its fourth quarter and fiscal year ending 30 June 2009. The company also announced it was exploring strategic financial and business alternatives.

The French defence ministry reportedly plans to sell two Syracuse 3 military communications satellites to a private operator and then lease back capacity.

Liberty Media has reportedly acquired bankruptcy claims of satellite radio provider WorldSpace.

Iridium Holdings LLC and GHL Acquisition Corp. today announced the close of their transaction.

GHL Acquisition Corp. announced that its stockholders have voted to approve its acquisition of Iridium Holdings LLC.

SkyTerra announced that it has entered into a definitive merger agreement for SkyTerra to be acquired by a new corporation formed and indirectly wholly-owned by Harbinger Capital Partners Master Fund I, Ltd and Harbinger Capital Partners Special Situations Fund, L.P.

COM DEV International Ltd. announced its third quarter financial results for the three-month period ending 31 July 2009.
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Lockheed Martin Space Systems Company announced employment reductions aimed at improving its competitive posture.
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