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Business briefs: March 12
Posted: Wed, Mar 13, 2002, 7:20 AM ET (1220 GMT)
  • RSC Energia has settled a disagreement with Khrunichev that threatened to delay the March 30 launch of a Proton. Energia said in a statement Tuesday that the company had not approved fueling operations for the Blok DM upper stage provided by Khrunichev because the Khrunichev had not paid unspecified debts. Early Wednesday, though, Energia said that all issues "associated with conduct of the scheduled activities have been settled." The Proton is scheduled to launch the Intelsat 903 communications satellite from Baikonur.
  • An industry team led by Boeing has won a DARPA contract to test a system for on-orbit maintenance of satellites, SPACEandTECH reported Tuesday. The $100 million Orbital Express contract will include the construction of Autonomous Space Transport Robotic Operations (ASTRO) spacecraft and a test satellite that will be serviced by ASTRO. The system will study technologies for repairing and refueling spacecraft in orbit.
  • The CEO of Loral Space and Communications suggested this week that he is interested in merging with another satellite company, the Wall Street Journal reported. Bernard Schwartz suggested to attendees of a Merrill Lynch investors conference that Loral could merge with Lockheed Martin. No timetable for such a merger was given.
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news links
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Why we’re heading for an armed space race
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