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News briefs: December 22-26
Posted: Thu, Dec 27, 2001, 7:56 AM ET (1256 GMT)
- A Tsiklon-3 rocket is scheduled for launch Friday from Plesetsk, RIA Novosti reported Wednesday. The rocket will place six small communications satellites, three military and three civilian, into low Earth orbit.
- SPACEHAB is one of a number of companies that could be delisted from the Nasdaq stock exchange next year, the Washington Post reported Tuesday. Nasdaq has recently reinstituted rules that require companies traded there have a minimum share price of $1; SPACEHAB closed Wednesday at 65 cents. Any delisting would not take place before April, however.
- Former astronaut Charles Bolden may join NASA as a deputy for new administrator Sean O'Keefe, NASA Watch reported Wednesday. Bolden, a Marine Corps major general, currently is the commanding general of the Third Marine Air Wing in California, but a Marshall Space Flight Center memo states that Bolden would go to NASA on February 1. Bolden flew on four shuttle missions, including serving as commander of STS-45 in 1992 and STS-60 in 1994.
- Loral Space and Communications announced Monday that it worked with bankers to extend lines of credit worth $1.1 billion through 2005. The extension reduces the principal payments on the loans by $535 million in 2002, but will require larger interest payments. Loral officials said the extension will allow the company to support expansion of its satellite fleet.
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