Satellite News

Alliant Techsystems reported financial results for the fourth quarter and the fiscal year 2007.

Hispasat SA is looking to seek a stock market listing by year-end, La Gaceta de los Negocios reported.

Andrew Corp., a supplier for communications equipment makers, said it plans to sell its satellite communications business and has received initial indications of interest from several possible buyers.

Globecomm Systems Inc. announced the closing of its previously announced acquisition of the GlobalSat division of Lyman Bros., Inc. effective 30 April 2007.

TerreStar Global Ltd., an emerging mobile communications provider and a subsidiary of Motient Corporation (MNCP), has signed a Letter of Intent (LoI) with the Government of Bermuda to enable TerreStar to take the first steps toward constructing, operating and maintaining satellite operations facilities in Bermuda.

SES chief executive Romain Bausch said that the group is seeking a “more active role” in the planned European navigation system Galileo.

SES reported financial results for the first quarter of 2007.

Telesat Canada announced its unaudited financial results for the first quarter ending 31 March 2007.