Satellite Radio And Nissan North America Announce Long-Term Agreement

SPACEMART

Washington DC (SPX) Feb 02, 2005
3.2 million subscribers have announced that Nissan North America has chosen XM to supply satellite-delivered data and telematics services, such as in-vehicle messaging and XM NavTraffic, which delivers current traffic information to properly equipped Nissan and Infiniti vehicle navigation systems.

"Nissan's choice to expand its relationship with XM in this important area of data services and telematics capabilities represents a major milestone for our company," said Hugh Panero, CEO and President of XM Satellite Radio.

"XM has dedicated significant resources to the development of XM NavTraffic and other automotive data capabilities over the last two years," Panero said.

Nissan currently offers XM radios as an accessory option on all models of Nissan and Infiniti vehicles (18 models in total), including the Nissan Sentra, Altima, Maxima, Quest, 350Z Coupe, Murano, Armada, Pathfinder, Frontier, Xterra, and Titan, as well as the Infiniti FX35/45, G35 Sedan, G35 Coupe, M45, Q45, and QX56.

SPACEMART

EADS Space Unit Returns To Profit In 2004

Paris (AFP) Jan 31, 2005
The space unit of the European Aeronautic Defense and Space company (EADS) returned to profit last year, thanks to a seven percent jump in sales, but foresees possible job cuts in its launch operations in 2006, the head of EADS Space said Monday.