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Rotary Claims $1bn In Orders
Mojave - June 23, 1999 - Rotary Rocket says it has secured satellite delivery contracts from several customers which, if fully exercised, would be worth in excess of 900 million dollars over the first ten years of flight operations. These options include deliveries both to LEO and higher orbits. In order to guarantee meeting these commitments, Rotary Rocket has elected to employ a low-risk conventional engine for the Roton. The engine will be derived from the proven NASA Fastrac rocket engine, and will be clustered to provide the necessary thrust. This will permit the Roton development program to be concluded more rapidly and with less technical risk. Both the customer base and the investment community have shown their early support for this engine configuration change. The company is now actively working with vendors on this program. Development of the rotary RocketJet engine system will be deferred. Rotary Rocket Company will retain the option to utilize the rotary engine on future Roton space vehicles. The company has, as a result of these changes, recently undergone reorganization. Rotary Rocket Company has an ongoing flight test program for the Roton ATV (approach and landing demonstrator) which is fully funded. The ATV flight test program is currently underway at our Mojave facility.
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Satellite Launch To Boost DTH In India
Calcutta, India (SPX) Dec 28, 2005The 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. |
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