SPACEandTECH Digest - Headlines (5 June 2000)

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SPACEandTECH Digest is a weekly roundup of the latest space news. Our concise summaries are selected because they address topics or areas of interest to the space industry professional.

In this issue:

Court To Review Castle Harlan Bid For Iridium
Iridium LLC has asked the U.S. Bankruptcy Court in Manhattan to approve the sale of its satellites to New York-based merchant bank Castle Harlan Inc. for US$50 million. (full article)

Pizza Hut Logo On Proton Challenged
The Russian Aviation and Space Agency (RAKA) Space Marketing Center (SMC) is filing suit in a Moscow court against Pizza Hut, Inc. for improper use of the Russian space agency’s name and reputation. (full article)

COMSTAC Publishes 2000 Commercial GSO Launch Demand Model
The Commercial Space Transportation Advisory Committee (COMSTAC) released their eighth annual forecast of the worldwide demand for commercial geosynchronous orbit (GSO) launches, from the perspective of the U.S. commercial space industry, titled “The 2000 Commercial Geosynchronous Orbit (GSO) Launch Demand Model”. (full article)

FAA Releases 2000 NGSO Launch Demand Model
The Office of the Associate Administrator for Commercial Space Transportation (AST) of the Federal Aviation Administration (FAA) released their annual forecast of the worldwide demand for commercial non-geosynchronous orbit (NGSO) launches. (full article)

Arianespace Reports 1999 Results
In 1999, Arianespace posted sales of US$ 912.9 million (EUR 975.9 million), compared with US$ 1,106 million (EUR 1,086 million) in 1998. Net income was US$ 6.8 million (EUR 7.3 million), compared with US$ 13.1 million (EUR 14 million) in 1998. (full article)

Telesat Canada Contracts To Launch Anik F2 On Ariane 5
Telesat Canada has selected Arianespace to launch Anik F2. Anik F2 is targeted for launch in late 2002, on an Ariane 5. (full article)

Ariane Places VEB Order With Astrium
Arianespace has placed an order with Astrium for 20 Ariane 5 vehicle equipment bays (VEB). (full article)

Lockheed Martin, Japanese Companies Looking To Form Launch Vehicle Company
Ishikawajima-Harima Heavy Industries Co. (IHI), is in talks with Lockheed Martin Corp. and five other firms to form a new launch vehicle company in Japan. (full article)

China Announces Formation of Space Solid Fuel Rocket Carrier Company
China has formed a new company, Space Solid Fuel Rocket Carrier Co. Ltd. (SSRC), to research, develop and manufacture solid propellant rockets, and market their launch services commercially. (full article)

SPACEandTECH Digest is a weekly roundup of the latest industry news of interest to the space professional. SPACEandTECH Flash! is an internet push service offered by Andrews Space & Technology to bring the latest on orders, launches, and important breaking news to your desktop. SPACEandTECH Digest and SPACEandTECH Flash! are part of the Andrews Space & Technology www.spaceandtech.com website, a website designed to serve the information needs of the space industry.

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June 5, 2000