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Business briefs: August 8
Posted: Fri, Aug 9, 2002, 7:57 AM ET (1157 GMT)
  • Satellite operator Eutelsat plans to acquire the Stellat satellite venture, Space News reported Thursday. Stellat is a joint venture of France Telecom and EuropeStar; France Telecom will acquire EuropeStar's 30 percent share of Stellat before selling the full company to Eutelsat for a net gain of 180 million euros (US$175 million). Stellat's first spacecraft, Stellat 5, was launched last month, providing Ku- and C-band service to portions of Europe, Africa, and eastern North America.
  • A leading Defense Department official said Thursday that there should be no major roadblocks to a merger between Northrop Grumman and TRW, Reuters reported. Edward Aldridge, undersecretary of defense, said they had found no "show stoppers" that cause them not to approve the merger. The only concern was to make sure the merged company would continue to offer sensors and other spacecraft payloads to other companies, such as Lockheed Martin and Boeing.
  • PanAmSat announced this week new video services designed to take advantage of its extensive satellite fleet. The Video on Demand and Digital Store and Forward services are intended for the company's core video customers, who provide the majority of PanAmSat's revenues.
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news in brief
Russia plans to resume crewed Soyuz launches in December
Posted: Sun, Nov 4 9:00 AM ET (1400 GMT)

China launches Beidou satellite
Posted: Sun, Nov 4 8:59 AM ET (1359 GMT)

Dawn mission declared over
Posted: Sun, Nov 4 8:58 AM ET (1358 GMT)

news links
Tuesday, November 13
Comment: Is Rocket Lab even a New Zealand company?
Newstalk ZB (New Zealand) — 6:34 am ET (1134 GMT)
Rocket Lab Debuts Low-Cost Rocket in First Commercial Launch
Popular Mechanics — 6:33 am ET (1133 GMT)
Rocket-maker ArianeGroup to cut 2,300 jobs
AFP — 6:31 am ET (1131 GMT)
Fleet Space sends Australia's first commercial mini-satellites into orbit
Business News Australia — 6:31 am ET (1131 GMT)


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