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News briefs: August 22
Posted: Fri, Aug 23, 2002, 8:17 AM ET (1217 GMT)
  • Orbital Sciences Corporation announced Thursday that it had completed the sale of $135 million in bank notes that the company announced earlier this month. The money will be used to pay off $100 million in convertible bonds that were due later this year, as well as a $25 million loan. Standard and Poors revised its ratings on Orbital later in the day, giving the company a CCC+ rating with positive implications.
  • A spacewalk scheduled to take place on the International Space station Friday has been delayed until Monday. The extra time will give the two cosmonauts conducting the EVA, Valery Korzun and Sergei Treschev, extra time to prepare for the EVA. NASA also announced Thursday that the launch of STS-112 will be delayed from September 28 to October 2 to allow for more time to repair the crawler used to transport the shuttle to the launch pad.
  • The next launch of the prototype of China's manned spacecraft is planned for no later than January 10, AFP reported Thursday. The date for the Shenzhou 4 launch is based on news published in Chinese media earlier in the week. Previous reports had estimated a launch date between September and December.
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