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ICO Satellite Launch Set For March 2008
Reston VA (SPX) Nov 12, 2007 ICO Global Communications announced that Lockheed Martin Commercial Launch Services (LMCLS), in consultation with the United Launch Alliance (ULA), has established a slot of March 1, 2008 - March 31, 2008 for the launch of ICO's G1 satellite. The launch will take place at Cape Canaveral, Florida. The timing of ICO's launch has been determined through careful coordination with ULA's launch manifest requirements for other satellites to be launched prior to ICO G1. "We're pleased that the Atlas V launch vehicle performed flawlessly during an October 2007 mission, and we are now looking forward to our ICO G1 launch early next year," stated Tim Bryan, ICO's chief executive officer. "Our final preparations for the launch in March 2008 are underway, and the Atlas V launch vehicle for ICO G1 has already arrived at the Cape." The LMCLS letter confirming the March 2008 launch slot and ICO's related request have been submitted to the Federal Communications Commission reflecting the new launch slot availability. Community Email This Article Comment On This Article Related Links ICO Global Communications The latest information about the Commercial Satellite Industry
Andrew And Resilience Capital Reach Agreement On Sale Of Satellite Communications Business
Westchester IL (SPX) Nov 12, 2007Andrew Corporation has reached agreement for the sale of its Satellite Communications business to Resilience Capital Partners, a Cleveland, Ohio-based private equity firm. Under the agreement, Andrew will receive up to $39 million in total potential cash consideration, in addition to an ownership stake in the new satellite communications company that Resilience will establish with the acquired Andrew assets. |
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