Good news from the US space industry continues with Comsat reporting a profitable quarter after a loss in the same period in 1997, and has declared a five cent dividend. See below for details.
Orbital Reports Record Quarter
Comsat Stems Red Ink, Declares Dividend
PanAmSat Q1 Up 13% to $7B Backlog
DTH Industry Enjoys Record Quarter
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Orbcomm Network Checkouts Okay
Orbital Sciences Corporation today announced that eight new Orbcomm data communications satellites built and launched by the company in December 1997, together with two additional Orbcomm satellites launched in February 1998, have completed the company's in-orbit testing process and have been transferred to Orbital's Orbcomm Global, L.P. affiliate. Orbcomm Global has begun to place these satellites in commercial service, adding to the satellites already in use in its global data and messaging communications network.