Satellite News

U.S. telecommunications company AT&T has offered to buy satellite pay-TV operator EchoStar, according to an article from TheStreet.com.

GeoEye, Inc. said it has secured approximately US$270 million of launch and first-year on-orbit insurance for its next-generation GeoEye-1 satellite.

Spacehab, Incorporated announced financial results for its fourth quarter and fiscal year 2007 ending 30 June 2007.

OHB Technology Group, Germany, has acquired 19 percent of SpaceDev Inc., USA.

Rocketplane Kistler (RpK) officials played down the importance of a termination letter sent to the company by NASA, saying it did not represent a final decision by NASA to terminate the company’s COTS contract. But more trouble could be ahead.

Apax Partners France has successfully completed its acquisition of Telenor Satellite Services and is incorporating the company into the new Vizada brand.

Northrop Grumman has completed a transaction that increases its ownership in Scaled Composites, LLC from approximately 40 percent to 100 percent.

OHB Technology AG announced financial results for the first half of 2007. In related news, the company has completed the acquisition of Kayser-Threde GmbH.