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Energomash Hopes New Business Will Bolster Soyuz Maker
Moscow - April 15, 2001 A highly modernized version of the Soyuz launch vehicle, with engine from Energomash, will be launched in May 2001 with a Russian payload, Energomash General Director Boris Katorgin said at a press conference on Wednesday. He expressed the hope that the Soyuz rockets with Energomash engines would be launched from a space center in Australia in the near future. This question is currently being discussed, with the active participation of the Russian Foreign Ministry, he said. Katorgin noted that the first and second level engines for the PD-107 and PD-108 rockets being launched in May, as well as for the launch vehicle, have undergone total modernization, but are in principle related to engines that launched the first cosmonaut Yuri Gagarin into space 40 years ago. Katorgin said that the new engines allow for the mass of the payload to be significantly increased. He also said that in the future these engines would be used for launch vehicles carrying Soyuz-TM rockets into orbit. Meanwhile, Energomash will supply Lockheed Martin with 18 RD-180 engines for a new generation of U.S. Atlas 3 and Atlas 5 carrier rockets, the company�s general director said on Wednesday. Eight engines for the first stages of Atlas 3 rockets had already gone to the United States, Boris Katorgin told a news conference. The first Atlas 3 fitted with such an engine blasted off from Cape Canaveral, Florida on May 24, 2000. Katorgin dismissed an allegation that Russia will ultimately hand over to the United States the technology for making engines for heavy carriers, organize the building of manufacturing facilities and train personnel. This issue was considered earlier, but it turned out that it was not acceptable to the U.S. due to the high cost, Katorgin said. He refused to comment on the concrete differences between the technical possibilities of the engine for the first stage of the Atlas-5 rocket and Russian light, medium and heavy class Angara rockets produced by Khrunichev. He only said that the scientific potential of Energomash means that we do not stand in one place, but constantly move forward. Therefore, naturally the engines for the Angara rocket will in many ways be better and currently differ from those being sent to the U.S., he said.
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Orbcomm's Equity Financings Complete
Bremen, Germany (SPX) Jan 06, 2006OHB Technology affiliated company Orbcomm has announced that it has completed equity financings totaling over $110 million led by Pacific Corporate Group (PCG), which committed $60 million. New investors, in addition to PCG, include investment firms MH Equity Investors and Torch Hill Capital. |
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