VCA Stocks

ProtoStar Ltd., a Bermuda corporation with principal U.S. operations in San Francisco, moved a step closer to its Asian satellite service by successfully closing on US$210 million in financing to purchase and launch its first satellite. This financing was preceded by a US$40 million Series B round that was completed earlier in the year for a total cumulative financing of US$250 million. The Company’s initial plan is to create a three-satellite constellation serving the fast-growing and under-served Asian direct-to-home (DTH) satellite-TV market.