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Archive for the 'LAW & ORDER' Category

Class action lawsuit against Worldspace announced

March 21st, 2007 by

The law firm of Schatz Nobel Izard, P.C said that a lawsuit seeking class action status has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons who acquired common stock of Worldspace, Inc. since the company’s IPO on 4 August 2005.

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EC sets deadline for creating Galileo company

March 16th, 2007 by

The European Commission has given the eight companies that are to build and run the Galileo satellite navigation system until 10 May to create a single company and choose a chief executive for it.

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EC to clear sale of Alcatel-Lucent’s satellite interests, report

March 13th, 2007 by

EU regulators will reportedly clear Thales’ plans to buy the satellite interests of Alcatel-Lucent.

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Spacehab drops RDM claim with NASA

February 23rd, 2007 by

Spacehab, Incorporated announced that the company has filed for a formal dismissal with prejudice of all litigation against NASA relating to losses incurred by Spacehab as a result of the 2003 Space Shuttle Columbia accident.

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Mexico tries again to to auction Ka-band license

February 23rd, 2007 by

Mexico’s telecommunications regulator Cofetel has approved bidding rules for a second attempt to auction a license to operate a Ka-band satellite at 109.2 degrees West, the regulator said in a statement.

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MSV’s latest patent protects essential satellite technology

February 23rd, 2007 by

Mobile Satellite Ventures LP (MSV) announced that it has been awarded U.S. Patent No. 7,181,161 by the U.S. Patent and Trademark Office. This is the nineteenth patent issued to MSV protecting the company’s hybrid satellite-terrestrial system including Ancillary Terrestrial Component (ATC) technology.

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Update: Thai General wants satellites back

February 18th, 2007 by

Recent remarks of Thailand’s Council for National Security chairman, Gen. Sonthi Boonyaratglin, have been met with irritation. The general, who led last year’s military coup, had described the Thaicom telecom satellites as “national assets” that should revert back to Thai control from Singapore’s Temasek Holdings.

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Bad results? NASA pays anyway, GAO report says

February 17th, 2007 by

The U.S. Government Accountability Office (GAO) released a report that reviews NASA’s top 10 dollar value award-fee contracts active from fiscal years 2002 through 2004 and identifies a number of problems with the agency’s management of those contracts.

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