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Le Bourget, France (SPX) Jun 24, 2005 In the presence of Dr G Madhavan Nair, Chairman of ISRO, K R Sridhara Murthi, Executive Director of Antrix Corporation, and Antone Bouvier, chairman of EADS Astrium signed a Memorandum of Agreement on June 17. Antrix and EADS Astrium will jointly address the commercial market for communications satellites with payload power below 4 Kw and a launch mass in the range of 2 to 3 tons. Satellites in this segment represent a sizable and stable part of the market. The aim of this cooperation is to optimize the INSAT 2K and 3K Platforms along with EADS Astrium Payloads. The Antrix EADS Astrium alliance will have all the ingredients to be successful on this market, offering mature, flexible and cost effective solution to operator's requests. ANTRIX is the commercial arm of the Indian Department of Space, the technical unit of which is the Indian Space Research Organiastion (ISRO) which has had extensive experience of designing developing and manufacturing Indian satellite systems including the INSAT and IRS series. ISRO objective has been to develop space technology and its application to various national tasks. Since 1969, when it was set up, ISRO has established space systems like the INSAT for telecommunication, television broadcasting and meteorological services, and the Indian Remote Sensing Satellites (IRS) for resources monitoring and management. ISRO has also developed the satellite launch vehicles PSLV and GSLV to place these satellites in the required orbits. Community Email This Article Comment On This Article Related Links Antrix SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express
![]() ![]() Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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