Satellite News

MacDonald, Dettwiler and Associates Ltd. has entered into a US$775,000 agreement with the U.S. National Geospatial-Intelligence Agency (NGA) to assess the change detection potential enabled by Radarsat-2 imagery.
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London-based private-equity firm BC Partners was in the lead to purchase satellite operator Intelsat Ltd. for about US$5 billion plus the assumption of about US$11.5 billion in debt, The Wall Street Journal Online reported.
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Liberty Media and EchoStar Communications will make a joint bid in the auction of satellite provider Intelsat, which ends today, the Wall Street Journal reported.
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MacDonald, Dettwiler and Associates Ltd. would neither confirm not deny recent talks about a sale of certain of its businesses but said there currently were no discussions underway with any party about an acquisition.
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COM DEV International Ltd. reported financial results for the second quarter of its fiscal year 2007.
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The global satellite industry generated US$106.1 billion in 2006 revenues, up 19.5 percent from 2005 (US$88.8 billion), the Satellite Industry Association said. The 2006 performance was nearly double the industry’s 10.5 percent average annual growth rate over the past five years.
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Shareholders of Stratos Global Corp. have approved a C$294 million (EUR207 million, US$275 million) takeover by CIP Canada Investment Inc., Stratos said.
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Eutelsat Communications confirmed that it has submitted an offer together with two Mexican partners for 100 percent ownership of Mexican satellite operator Satelites Mexicanos (SatMex).