Loral
Telesat and Loral to form Canadian public company
Canadian satellite fleet operator Telesat and Loral Space & Communications announced plans Nov. 24 to combine to form Telesat Corp., a Canadian public company, in a deal expected to close next year.
Loral warns of possible Telesat legal battle, Xtar restructuring
Loral Space and Communications wants to move ahead with a “strategic transaction” involving fleet operator Telesat that may spark a legal fight with Telesat’s other major shareholder, a Canadian pension fund.
Telesat prepares shareholder payday, outlines 117-satellite constellation
Canadian satellite fleet operator Telesat expects to raise more than $3 billion in several transactions in the coming weeks to payoff existing debt and to make a $400 million cash distribution to shareholders still at loggerheads over a Telesat IPO.
Satellite builders say customers paralyzed by technology, financial stresses
Satellite manufacturers said they are being pulled in every direction by customers who want their spacecraft to last longer in orbit, or maybe only half as long, and who hesitate to finalize a purchase because it could be obsolete in a few years.
U.S. Air Force Pushes Back Experimental Missile Warning Satellite
The U.S. Air Force expects to launch an experimental missile-warning satellite in 2018 or 2019, about two years later than the timeline service officials used last January.
Space Systems/Loral To Study on-orbit Assembly for DARPA
DARPA is studying technology that would enable the installation of antennas aboard satellites already on orbit, the latest of a series of exploratory efforts in satellite servicing and on-orbit assembly.
Shareholder Loral Pushing for Telesat IPO
Loral Space and Communications, in the latest attempt to monetize its majority-stake investment in Canadian satellite fleet operator Telesat, is pressuring co-investor PSP Investments to allow Telesat to perform an initial public offering (IPO) of stock, Loral said.
Falcon 9 Co-passenger Found for SS/L-built PSN-6 Satellite
Space Systems Loral (SSL) and its customer, PT Pasifik Satelit Nusantara (PSN) of Indonesia, have found a companion payload to share the launch of the PSN-6 satellite aboard a SpaceX Falcon 9 rocket in 2017.
Loral Takes Charge Against Xtar Investment
Loral says if Xtar's current losses continue it might have to write off the investment completely.
Chart | SS/L Led the Pack with 10 Commercial Satellite Orders in 2014
Twenty-six commercial satellites open to competitive bidding and intended for geostationary orbit were ordered in 2014, up from 23 the previous year. Satellite manufacturers say 2015 is likely to be about as busy, with the possibility of one or more contracts for lower-orbit satellite constellations entering the mix.
Arbitrator Sets ViaSat Payments at $55M for MDA, $45M for Loral
MDA Corp. and SSL will pay 55 percent of the award judgment, with Loral Space and Communications paying the remaining 45 percent.
Dankberg Explains Why ViaSat Settled Its Patent Case against Loral for $100 Million
Dankberg defended his company’s decision to settle a two-year patent-infringement lawsuit against Loral.
Loral Agrees To Pay ViaSat $100M To Settle Patent Suit
Loral and SSL have agreed to pay satellite broadband provider ViaSat Inc. $100 million, plus interest, over the next 2.5 years to settle a ViaSat lawsuit alleging patent infringement and breach of contract.
Loral Talks with Telesat Suitor Continue Even as Transaction Deadline Passes
Loral said it is continuing to explore a transaction with an unnamed high bidder.
Space Systems/Loral Inks Contract for Intelsat 36 Satellite
SS/L will build the Intelsat 36 satellite for launch over the Indian Ocean region in late 2016.
