spacetoday.net: space news from around the webin association with SpaceNews


Intelsat announces IPO plans
Posted: Wed, Apr 3, 2013, 7:08 AM ET (1108 GMT)
Intelsat, one of the world's largest commercial satellite operators, said Tuesday it was moving ahead with plans to raise over half a billion dollars through an initial public offering (IPO) of stock. The company says it plans to sell more than 21.7 million shares of common stock at $25 per share, along with 3 million preferred shares at $50 each, on the New York Stock Exchange. Coupled with options for additional shares, the IPO could raise up to $823 million for the company. Intelsat had previously indicated it was planning a much larger IPO, raising up to $1.75 billion, but scaled it back because of market conditions and the company's current finances. Intelsat currently operates 54 communications satellites in GEO.
<<previous article   next article>>
news in brief
Starship explodes during preparations for static-fire test
Posted: Sun, Jun 22 6:52 AM ET (1052 GMT)

French government leads investment in Eutelsat
Posted: Sat, Jun 21 8:38 AM ET (1238 GMT)

NASA further delays Ax-4 launch
Posted: Sat, Jun 21 8:34 AM ET (1234 GMT)

news links
Sunday, July 6
Nigeria’s Space Mission Must Be Strategic — Astrophysicist
News Agency of Nigeria — 11:39 am ET (1539 GMT)
ndian space programme returns Rs 2.54 per Rs 1 spent
Organiser — 11:36 am ET (1536 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list