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When XM was founded in 1992 as American Mobile Radio Corporation, only a few visionaries understood the potential of satellite radio. Today, radio listeners are joining with XM's strategic partners and staff to make radio better - and to make history. Here's a look at the milestones we've shared along the way:
Nov 12, 2001
XM Radio Launches Nationwide
XM is available nationally.
Sep 25, 2001
XM Officially Launches the First U.S. Digital Satellite Radio Service
XM formally launches service in its two lead markets, Dallas/Fort Worth and San Diego
May 8, 2001
XM launches "Roll"
Sea Launch successfully launches XM's second satellite, "Roll."
Mar 30, 2001
XM Announces Delivery Of Production Design Chipsets To Radio Manufacturers
ST Microelectronics delivers the first production chipsets to radio manufacturers.
Mar 18, 2001
XM launches "Rock"
Sea Launch successfully launches the first XM satellite, "Rock."
Mar 1, 2001
XM Ready Radios Hit Retail Shelves
XM Ready radios from Pioneer and Alpine hit retail shelves, allowing consumers to purchase head units which will be able to control XM tuners when they go on sale later in the year.
Oct 19, 2000
XM and ST Microelectronics announce the delivery of custom chipsets to radio manufacturers
XM and STMicroelectronics, one of the world's leading semiconductor vendors, successfully completes fabrication and initial testing of XM's first pass custom chips. The chips are delivered to XM radio partners for integration into the manufacturing process of XM satellite-capable radios. Delivery of these custom integrated circuits is a major technical milestone in the production of XM's radios.
Sep 13, 2000
XM Demos First Prototype Satellite Radio
XM's demonstration of first prototype satellite radio wows the crowds during an open-house at the XM broadcast complex in Washington, D.C., followed by a performance by Aretha Franklin that evening.
Jul 31, 2000
XM Announces First Round of In-House Programming Talent.
XM begins building out its programming team, hiring the first 15 members of the group that will bring the nation a revolutionary new audio experience.
Jul 14, 2000
XM is On The Move.
XM completes move to new headquarters at 1500 Eckington Place, Washington D.C. - the largest state-of-the-art broadcast complex of its kind in the U.S., with 82 all-digital studios and 150,000 square feet.
Jun 6, 2000
XM Names TBWA / Chiat/Day as Advertising Agency of Record.
After completing its national agency review XM selects TBWA/Chiat/Day Los Angeles as its advertising agency of record.
Feb 9, 2000
Sony Signs Contract with XM
Sony licenses XM's technology and begins developing world's first satellite radio that can be transported between the car and home.
Oct 5, 1999
XM announces IPO at $12 per share.
XM Satellite Radio Holdings Inc. holds its initial public offering of 10,000,000 shares of common stock at $12 per share.
Jul 8, 1999
Clear Channel, DIRECTV and General Motors invest $250 million in XM.
The combined $250 million is comprised of $75 million each from Clear Channel and the private investment group and $50 million each from General Motors and DIRECTV. American Mobile also completed its acquisition of WorldSpace Inc.'s interest in XM.
Oct 12, 1998
American Mobile Radio Corporation becomes XM Satellite Radio.
American Mobile Radio Corporation President and CEO Hugh Panero announce that the company has changed its name to XM Satellite Radio Inc.
Sep 24, 1998
Contract Signed with ST Microelectronics
ST Microelectronics licenses XM's technology and begins developing the first satellite radio chipset for automotive use.
Aug 10, 1998
Lee Abrams Receives Coveted Award
Content & Programming SVP Lee Abrams receives recognition from one of the most influential radio industry publications: The Album Network names him as one of the most 120 influential people in the radio industry. Lee has also been recognized as the number one radio programmer of all time by "Radio & Record" Magazine and as a member of the "Newsweek" Cultural Elite 100.
Jun 17, 1998
Letter of Agreement Signed with Alpine
Alpine signs letter of agreement to license XM's technology and begin developing satellite radios for automotive use.
Jun 10, 1998
Hugh Panero named CEO
Hugh Panero is named President & CEO of American Mobile Radio Corporation.
May 27, 1998
Letter of Agreement Signed with Pioneer
Pioneer signs letter of agreement to license XM's technology and begin developing the world's first satellite radios for automotive use.
Mar 10, 1998
Contract Signed with Hughes to Develop and Launch Satellites
American Mobile Radio Corporation engages Hughes Space and Communications International (now Boeing Space Systems) to build two HS 702 geostationary satellites with payloads to be provided by Alcatel.
Mar 10, 1997
License is Granted to American Mobile Radio Corporation
American Mobile Radio Corporation is granted a satellite DARS (digital audio radio service) license by the Federal Communications Commission.
Jun 6, 1992
American Mobile Radio Corporation is founded
American Mobile Radio Corporation is founded to provide a multi-channel, nationwide audio service with high-quality digital sound and an unprecedented variety of programming.
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