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Business briefs: April 8
Posted: Tue, Apr 9, 2002, 11:19 AM ET (1519 GMT)
  • ORBIMAGE announced Monday that it was filing for Chapter 11 bankruptcy protection as part of a prepared restructuring plan. The commercial remote sensing company said it the filing cleared the way for a plan agreed to by the company's bondholders and shareholders to reduce the company's debt and carry out its business plan. The company says it has enough cash on hand to carry it through the launch of OrbView-3, a high-resolution imaging satellite, later this year.
  • SES Global, Alcatel, and Gilat Satellite Networks announced the formation of a joint venture Monday that will provide satellite broadband Internet services to Europe. The new venture, yet to be named, has over 200 million euros (US$175 million) in capital, roughly a fourth in cash. The announcement came just days after EchoStar backed away from a similar joint venture with Gilar, StarBand, serving the US.
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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
Thursday, November 15
ULA demos Vulcan Centaur rocket assembly, shows new welders
WAAY-TV Huntsville, AL — 5:37 am ET (1037 GMT)
1st Daytime Florida Launch in Months to Bring Heavy Crowds
Spectrum News — 5:35 am ET (1035 GMT)
Humans need Mars as a 'plan B' to avoid extinction, says physicist Michio Kaku
Australian Broadcasting Corporation — 5:31 am ET (1031 GMT)


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