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Imagesat
Contracts with Israel Aircraft Industries for EROS B1
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ImageSat
International awarded a contract to Israel Aircraft Industries
Ltd. for US$110 million to manufacture and launch EROS B1. EROS B1
is scheduled for launch in 2003. The  camera
will be developed and constructed by Elop. The EROS B series
satellite are expected to have a resolution of 0.82 meters (2.7
feet) with a design life of 10 years. EROS A1 was launched using a
Russian Start-1.
In late July
ImageSat International and Bank Leumi signed an agreement in which
the bank will provide ImageSat with a credit line of up to US$70
million dollars, with funds going for continued development of the
EROS program.
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