spacetoday.net: space news from around the webin association with SpaceNews


News briefs: November 6
Posted: Wed, Nov 7, 2001, 8:05 AM ET (1305 GMT)
  • Lockheed Martin announced Tuesday that it will take a $420 million writeoff in the fourth quarter to cover its investment in troubled broadband satellite venture Astrolink. The company said last week that it will not provide additional funding for the venture, raising concerns that Astrolink may soon shut down. Heightening those concerns was a report by ViaSat that Astrolink had terminated two contracts for satellite components. Lockheed Martin said the writeoff will be offset by accounting changes.
  • The National Imagery and Mapping Agency renewed Tuesday a monthly contract with Space Imaging, giving NIMA exclusive access to images of the Afghanistan region taken by Space Imaging's Ikonos spacecraft. The renewal, good through December 5, is valued at $1.91 million. NIMA reached a deal with Space Imaging last month in part to keep Ikonos' high-resolution images from being purchased by the news media or other interested parties.
<<previous article   next article>>
news in brief
FCC chairman endorses SpaceX satellite constellation
Posted: Sat, Feb 17 6:29 PM ET (2329 GMT)

Soyuz launches Progress after delay
Posted: Sat, Feb 17 6:27 PM ET (2327 GMT)

NASA budget proposal seeks to cancel WFIRST
Posted: Sat, Feb 17 6:20 PM ET (2320 GMT)

news links
Saturday, February 24
AAS Names Debra Fischer as Kavli Foundation Plenary Lecturer
American Astronomical Society — 9:42 am ET (1442 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list