The commercial space law amendments will lay the regulatory foundation for Kistler Aerospace Corp. to launch its K-1 vehicle from the Nevada Test Site.

"We applaud the leadership of Senator Reid in moving the amendments through the Senate and help move the K-1 project forward," said Jack Gregory, vice president of Kistler's launch operations in Nevada. "The Nevada Test Site offers a solid base for operations of the K-1 launch vehicle. We are committed to building a commercial spaceport at NTS in the 1999-2000 time frame."

The company will work closely with the FAA and federal government to meet remaining regulatory requirements, including environmental and launch-licensing requirements. The amendments are expected to be passed into law this fall.

Ultimately, the Kistler K-1 promises to significantly decrease the cost of launching satellites into low-Earth orbit that in turn will lower cost to consumers for satellite-based services.

"Kistler plans to lead the world's commercial space revolution to a level comparable with commercial aviation," said Robert Wang, chairman of Kistler Aerospace. "Satellite communications permit faster and increased access to global information, more effective connections for commerce, and enhanced communication links between countries and people."

Kistler Aerospace is the developer of the K-1 fully reusable aerospace vehicle, designed to deliver satellites to low-Earth orbit and provide a low-cost alternative to single-use launch vehicles. Kistler is a privately funded U.S. company with corporate offices in Kirkland, Wash., and executive offices in Los Angeles.

Kistler Aerospace plans to operate two spaceports -- NTS and Woomera, Australia -- simultaneously to allow greater flexibility in scheduling and in the range of launch azimuths that can be flown to meet customer requirements. Another wholly owned subsidiary, Kistler Woomera Pty. Ltd., will own and operate the K-1 vehicle from the Woomera spaceport.

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Satellite Launch To Boost DTH In India
Calcutta, India (SPX) Dec 28, 2005
The successful launch Thursday of India's heaviest satellite from spaceport of Kourou in French Guyana may have boosted the country's space research efforts to yet another level, but it has also lifted the spirits of at least three Direct-To-Home televisions broadcasters, one of which has been waiting for years to launch its services in India.