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Ukraine Space Industry Growing
Kiev, Ukraine (UPI) Feb 08, 2005 The Ukrainian space industry grew by 16 percent last year, the country's national space agency reported. Earnings from the industry's products reached more than $200 million in 2004, or 12 percent more than in 2003, according to Oleksandr Negoda, director general of the National Space Agency of Ukraine. Some 38 percent of the products were sold abroad, he said. Of the 54 space launches worldwide last year, NSAU carried out seven, sending 15 spacecraft into orbit, according to Negoda. The foundation of Ukraine's space potential is its launch vehicles, including the Zenit, Cyclone and Dnepr rockets. The preservation and further development of these existing launch vehicles and the expansion of Ukraine's share of the world space market are among NSAU's primary objectives for 2005, Negoda said. Currently, the country is aiming at launching the Ukrainian Cyclone-4 rocket from Brazil's Alcantara launch center near the equator. In addition, NSAU carries out its launches at the Baikonur cosmodrome in Kazakhstan, from the Plesetsk cosmodrome in northern Russia and on Sea Launch, the ocean-going platform. Community Email This Article Comment On This Article Related Links SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
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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