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Telesat Reports Results for the Quarter and Year Ended December 31, 2012

Telesat Reports Results for the Quarter and Year Ended December 31, 2012 | More Commercial Space News | Scoop.it

OTTAWA, Feb. 21, 2013 (GLOBE NEWSWIRE) -- Telesat Holdings Inc. ("Telesat") today announced its financial results for the three month and one year periods ended December 31, 2012.

 

For the year ended December 31, 2012, Telesat reported consolidated revenues of $846 million, an increase of approximately 5% ($37 million) compared to 2011. When adjusted for foreign exchange rate changes, revenue increased by 4% ($36 million) compared to 2011. Revenue growth was driven, in part, by the successful deployment of the Nimiq 6 satellite in the second quarter of 2012 and a full year of revenue from the Canadian payload on the ViaSat-1 satellite, which entered commercial service in December 2011. Operating expenses of $245 million were 31% ($58 million) higher than in 2011 or 30% ($57 million) higher when taking into account changes in foreign exchange rates. Excluding one-time items totaling $54 million related primarily to special compensation payments to executives and certain employees in connection with the cash distributions made to Telesat's shareholders, 2012 operating expenses were just $4 million (2%) higher than in 2011. Adjusted EBITDA1 was $656 million, an increase of 5% ($33 million) over 2011. The Adjusted EBITDA margin1 for 2012 was 78% compared to 77% for 2011...

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The National Space Society Comes to Toronto in May 2015

The National Space Society Comes to Toronto in May 2015 | More Commercial Space News | Scoop.it

For the second time in under a year, a major international space conference is setting up shop in Toronto. 

 

Hot on the heels of very successful 65th International Astronautical Congress (IAC 2014) comes the 2015 International Space Development Conference (ISDC 2015) which will be held in Toronto, ON from May 20th - 24th, 2015...

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India to launch fourth navigation satellite March 9

India to launch fourth navigation satellite March 9 | More Commercial Space News | Scoop.it

Bangalore, India (IANS) Mar 03, 2015; India will move closer to its own satellite navigation system with the launch of its fourth satellite tentatively slated for March 9, a senior official of the Indian space agency said on Monday...

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The Commercial Space Blog: Will the Last MDA Employee Leaving the Country, Please Turn out the Lights

The Commercial Space Blog: Will the Last MDA Employee Leaving the Country, Please Turn out the Lights | More Commercial Space News | Scoop.it

While Richmond BC based Macdonald Dettwiler (MDA) is benefiting from a "surging" international demand for Earth observation satellites and data, none of that business is coming from Canada and the company is currently transferring resources out of the country to follow the market.

 

At least that's the story coming out of the February 25th, 2015 fourth quarter conference call...

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Rocket Lab USA, Developer of the Electron Orbital Vehicle, Closes Series B Round

Rocket Lab USA, Developer of the Electron Orbital Vehicle, Closes Series B Round | More Commercial Space News | Scoop.it

LOS ANGELES, March 2, 2015 /PRNewswire/ -- Rocket Lab announced today that it has raised an unspecified amount of funding via a Series B Round led by Bessemer Venture Partners (BVP) with full participation from existing investors Khosla Ventures and K1W1 investment fund.

 

In addition, Lockheed Martin will make a strategic investment in Rocket Lab to support the exploration of future aerospace technologies.

 

The company will use the funding to complete the Electron launch system and plans to begin operations as a commercial launch provider as early as 2016...

Chuck Black's insight:

Rocket Lab is an aerospace company founded in 2007 by New Zealander, Peter Beck.

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NASA researchers study of ionosphere may help improve GPS communications

NASA researchers study of ionosphere may help improve GPS communications | More Commercial Space News | Scoop.it

Pasadena, CA – When you don’t know how to get to an unfamiliar place, you probably rely on a smart phone or other device with a Global Positioning System (GPS) module for guidance. You may not realize that, especially at high latitudes on our planet, signals traveling between GPS satellites and your device can get distorted in Earth’s upper atmosphere...

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Telesat reports stable 2014 Q4, year-end results

Telesat reports stable 2014 Q4, year-end results | More Commercial Space News | Scoop.it

Telesat president and CEO Dan Goldberg said Thursday he is pleased with the company’s performance after its 2014 fourth-quarter and year-end results showed the satellite service provider’s bottom line is holding steady...

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US Air Force eyes 28 launches, shared investment for next rockets - Reuters

US Air Force eyes 28 launches, shared investment for next rockets - Reuters | More Commercial Space News | Scoop.it

(Reuters) - The U.S. Air Force may kick off a multibillion-dollar competition for 28 launches of government satellites this spring to help end U.S. reliance on Russian-built rocket engines, according to an Air Force document seen by Reuters on Friday.

 

The Air Force's Space and Missile Systems Center mapped out the possible tender, which would include government and private sector investment, in a request for information sent to selected companies on Feb. 18, with responses due March 20...

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DARPA Seeks Tiny Satellites to Map Terrain for US Troops

DARPA Seeks Tiny Satellites to Map Terrain for US Troops | More Commercial Space News | Scoop.it

Washington DC (Sputnik) Mar 02, 2015; An American defense contractor is developing small satellites capable of quickly providing US ground troops with images of their surroundings...

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Too Ambitious to be True? Iran Plans to Send Humans to Space by 2016

Too Ambitious to be True? Iran Plans to Send Humans to Space by 2016 | More Commercial Space News | Scoop.it

Tehran (Sputnik) Mar 02, 2015; It was all smiles and cheers on Iran's National Day of Space Technology, celebrated this year on February 17, as the country unveiled a prototype of a spacecraft allegedly capable of taking a human to space...

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US spacewalkers complete space station docking port antenna installations, cable extensions

US spacewalkers complete space station docking port antenna installations, cable extensions | More Commercial Space News | Scoop.it
U. S. spacewalkers Terry Virts and Barry “Butch” Wilmore marched through their third spacewalk in eight days on Sunday, racing ahead of schedule to complete all tasks assigned to them to prepare the International Space Station for two new docking ports to accommodate future U. S. commercial crew transportation spacecraft.
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Space notebook: SpaceX launch set for Sunday night

Space notebook: SpaceX launch set for Sunday night | More Commercial Space News | Scoop.it

SpaceX aims to loft two more commercial satellites into orbit for international customers...

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Spacewalk to go ahead on Sunday despite helmet leak

Spacewalk to go ahead on Sunday despite helmet leak | More Commercial Space News | Scoop.it

Miami (AFP) Feb 27, 2015; Two US astronauts will go ahead with a spacewalk this weekend despite a flaw in one of the spacesuits that allowed water to seep into the helmet, the US space agency NASA said Friday...

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Russia's Yamal-601 Teleco Sat to b launched in 2018

Russia's Yamal-601 Teleco Sat to b launched in 2018 | More Commercial Space News | Scoop.it

Moscow, Russia (Sputnik) Feb 26, 2015; The Khrunichev Space Center and Gazprom Space Systems reached a deal on Wednesday to launch Russia's new Yamal-601 satellite in 2018...

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America's Original Space Program Is Turning 100

America's Original Space Program Is Turning 100 | More Commercial Space News | Scoop.it

The National Aeronautics and Space Administration was originally the National Advisory Committee for Aeronautics...

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U.S. weather satellite explodes into 43 pieces

U.S. weather satellite explodes into 43 pieces | More Commercial Space News | Scoop.it

Washington (UPI) Mar 2, 2015; The U.S. Air Force confirmed on Feb. 26 a "catastrophic event" that led to the destruction of a weather satellite on Feb. 3.


The satellite, previously used by the U.S. militar,y exploded into 43 pieces...

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Canadian Space: CSA's New President May Be The Only Change

Canadian Space: CSA's New President May Be The Only Change | More Commercial Space News | Scoop.it

When Prime Minister Stephen Harper pulled Walter Natynczyk from the presidency of the Canadian Space Agency last October to try to bring order to the troubled and politically sensitive Veterans Affairs Department, I predicted that interim CSA president Luc Brûlé would remain in place until after the next federal election.

 

I was proven wrong on Friday when Harper appointed longtime civil servant Sylvain Laporte to the top job at the CSA, effective March 9...

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Thoughts On Hustling: Why Some Founders Win and Others Don't

Thoughts On Hustling: Why Some Founders Win and Others Don't | More Commercial Space News | Scoop.it


If you watch the ABC show Shark Tank, you'll notice the sharks ask a lot of questions about revenue. It doesn't matter how good an idea seems on the surface. If there's no revenue, they usually aren't interested.

This begs an important question. Imagine you're a founder with a really great idea. How do you turn that idea into revenue? An idea for a product is one thing. Making money selling your product is something else entirely.

 

It's often the difference between a product and a business...

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National Bank Financial raises MDA price target to C$100.00 (MDA) | WKRB News

National Bank Financial raises MDA price target to C$100.00 (MDA) | WKRB News | More Commercial Space News | Scoop.it
Macdonald Dettwiler & Associates (TSE:MDA) had its price objective hosited by National Bank Financial from C$90.00 to C$100.00 in a report released on
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SpaceX launches two communications satellites

SpaceX launches two communications satellites | More Commercial Space News | Scoop.it

US space transportation company SpaceX launched two commercial communications satellites atop a Falcon 9 rocket Sunday evening.

The rocket, carrying an Eutelsat and Asia Broadcast (ABS) satellite, lifted off from Cape Canaveral, Florida on schedule at 10:50 pm (3:50 GMT) into the perfectly clear night...

Chuck Black's insight:

SpaceX did not attempt to guide the powerful rocket's first stage to a floating barge landing spot in the Atlantic Ocean, as it has done with other recent launches...

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Soyuz-2.1a Rocket Takes Military Satellite to Designated Orbit

Soyuz-2.1a Rocket Takes Military Satellite to Designated Orbit | More Commercial Space News | Scoop.it

Moscow, Russia (Sputnik) Mar 02, 2015; A Soyuz-2.1a carrier rocket put a military satellite into its designated orbit Friday, a defense ministry spokesman, Col. Alexei Zolotukhin, told RIA Novosti...

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Life 'but not as we know it' possible on Saturn's moon Titan

Life 'but not as we know it' possible on Saturn's moon Titan | More Commercial Space News | Scoop.it

Ithaca NY (SPX) Mar 02, 2015; A new type of methane-based, oxygen-free life form that can metabolize and reproduce similar to life on Earth has been modeled by a team of Cornell University researchers...

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University establishes master's program for space entrepreneurship

University establishes master's program for space entrepreneurship | More Commercial Space News | Scoop.it

A university is planning to offer a master's degree in space entrepreneurship beginning in May. The program will be a part of the larger Masters of Science in Technology Commercialization program, which began in 1996, according to program director Gary Cadenhead...

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The Commercial Space Blog: The REAL Reason our Next Space Agency Head is an IP Commercializer

The Commercial Space Blog: The REAL Reason our Next Space Agency Head is an IP Commercializer | More Commercial Space News | Scoop.it

The Friday announcement that Sylvain Laporte, currently the commissioner of patents and registrar of trade-marks in the Canadian Intellectual Property Office (CIPO), will shortly become the next president of the Canadian Space Agency (CSA), suggests a series of obvious conclusions concerning future CSA initiatives...

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School partners with Canadian consulting firm on "World’s first elementary school space mission"

School partners with Canadian consulting firm on "World’s first elementary school space mission" | More Commercial Space News | Scoop.it

TORONTO, ON / 26 FEBRUARY 2015 – Canadensys Aerospace is partnering with St. John Paul II Catholic School in Bolton, ON to provide a Canadian mission control centre for the world’s first ever elementary-school built satellite.


The spacecraft, named STMSat-1, was built by St. Thomas More Cathedral School in Arlington, Virginia. The tiny satellite will fly in an orbit 400km above the Earth, similar to that flown by Chris Hadfield aboard the International Space Station (ISS), taking pictures every 30 seconds and transmitting them via radio waves back to the ground.

 

St. Thomas More School won a NASA competition to have their satellite launched into space from the ISS in June 2015. The satellite is the first ever in the world to be built and designed entirely by grade school students, supported by technical advisors from NASA...

Chuck Black's insight:

A useful PR exercise for NASA, a great opportunity for the elementary schools involved but certainly a comedown for the people at Canadensys, who until recently were senior employees at MacDonald Dettwiler involved with  the Canadarm and RADARSAT programs. 

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NASA Hopes to Continue Cooperation on ISS Until 2024

NASA Hopes to Continue Cooperation on ISS Until 2024 | More Commercial Space News | Scoop.it

Washington DC (Sputnik) Feb 27, 2015; NASA is ready to continue to cooperate with its International Space Station (ISS) partners, including Russia, for at least nine more years, the space agency has said in a statement...

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Air Force Secretary Casts Doubt on RD-180 Replacement Schedule

Air Force Secretary Casts Doubt on RD-180 Replacement Schedule | More Commercial Space News | Scoop.it

A top service official has told US lawmakers that the 2019 deadline set by Congress to replace the Russian RD-180 with a US alternative is probably not feasible...

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