Satellite News

NewSat entered into a trading halt on 26 March 2015 after announcing that it is in ongoing negotiations with lenders in the United States. On 30 March , the company requested in a statement to the Australian Securities Exchange (ASX) for the trading halt to remain in place until negotiations are concluded.

Export Development Canada (EDC) announced financing of EUR140 million to the Hispasat Group (Hispasat) for the construction of Amazonas 5 by Canada’s MacDonald, Dettwiler and Associates Ltd (MDA).

Pre-construction activities have begun recently at Academician M.F. Reshetnev Information Satellite Systems, paving the way for the phase II of the Integration and Test Facility.

Eutelsat Communications announced the creation of a new division in the UK that will drive its strategy for serving providers of end-to-end government services, NGOs and institutional agencies in Europe, the Middle East and Africa.

Orbcomm Inc. announced financial results for the fourth quarter and full year ending 31 December 2014.

ViaSat Technologies Limited, an affiliate of ViaSat, Inc., has signed a credit agreement for a US$525 million direct loan facility from the Export-Import Bank of the United States (Ex-Im Bank).

Aerojet Rocketdyne, a GenCorp company, announced that it has launched a continuous, multi-faceted competitive improvement programme (CIP) aimed at reducing costs and increasing operational efficiency among its 14 sites that are located in 11 states across the USA.

COM DEV International Ltd. announced first quarter results for the three-month period ending 31 January 2015.