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:
MirCorp Expected To Announce
American As First Space Tourist
MirCorp is expected to announce on June 19 that Dennis Tito, an
American businessman and former aerospace engineer, will become
the first tourist to visit the Mir space station. [full article]
MirCorp
Begins Search For Second Round Of Financing
MirCorp,
Amsterdam, is in the process of raising up to US$100 million in a
new round of funding. [full article]
RadioShack
Becomes First Corporate Sponsor Of LunaCorp’s Icebreaker Moon
Rover
LunaCorp has announced that
RadioShack Corporation has become the first corporate sponsor of
LunaCorp’s Icebreaker Moon Rover. [full article]
Proton
Pizza Hut Logo Controversy Continues
Despite controversy, Pizza Hut
is continuing with plans to place their logo on the side of the
Proton rocket scheduled to launch the Zvezda service module to the
International Space Station in July. [full article]
Globalstar
First Quarter Results Leave Financial Investor Analysts Whispering
Bankruptcy
Globalstar
Telecommunications first quarter results are leaving the financial
analyst community unimpressed, with some analysts suggesting that
if the current trends continue, bankruptcy may become a
possibility. [full article]
Chase
Manhattan Bank Sues Partners In Iridium Venture
Chase Manhattan Bank has sued 17
companies connected to bankrupt satellite telephone venture
Iridium LLC in an effort to collect payments from a defaulted
US$800 million loan. [full article]
NASA
Awards Boeing And Lockheed Martin IDIQ Launch Contracts
NASA has awarded
two 10-year
contracts potentially worth up to a total of US$5 billion to
Boeing and Lockheed Martin to provide launch services for up to 70 missions
on behalf of NASA launch procurement. [full article]
Delta
III To Fly Demonstration Flight
Boeing Co.,
to restore confidence in its Delta III rocket, plans to fly a
payload simulator on the launch vehicle’s flight in August.
[full article]
US
May Lift Quotas On Russian Launches
The U.S.
government is hinting that quota restrictions
on Russian launches may be lifted by year end. [full article]
Lockheed
Martin Consents To Pay Fine For Export Violation Charges
Lockheed Martin
Corp. has consented to pay a fine for charges
it illegally helped the Chinese government correct
defects an upper stage for the Long
March 2E. Lockheed Martin was not required to admit
guilt to settle the case. [full article]
Japan Space
Plane Development Proposed
A report, proposing
the development of a two-stage space plane during the 2010s, was
submitted to Japan’s Space Activities Commission. [full article]
AstroVision
Raises Seed Capital To Begin AVStar System
AstroVision
International, Inc., has raised US$5 million in venture capital
funding to build its satellite system. [full article]
RapidEye
Reaches 90% Of Financing
RapidEye AG, Munich, has raised
US$87 million (DM 180 million) in financing to launch its four
high-resolution optical satellites scheduled for launch in late
2002. [full article]
Copyright 2001 - Andrews Space & Technology
Andrews Space & Technology Privacy
Statement and Copyright Information
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.
If you would like to subscribe to the SPACEandTECH
Flash!
(currently a free service), contact the www.spaceandtech.com
Editor-in-Chief, Joe Hopkins, at editor@spaceandtech.com
|
