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This Week's Top Headlines |
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What's in this week's issue of Space News? Every Monday we post quick, concise summaries of the current issue's top stories.
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Space News Briefs |
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The most recent smaller stories from all corners of the space community, collected in one convenient place.
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| | | | Hughes Preparing to Order New Satellite |
| | | | PARIS — Satellite broadband service provider Hughes Communications expects to order a large, all-Ka-band satellite by September to complement capacity on the company's Spaceway 3 satellite serving consumers in the United States. The new satellite will take about 3.5 years to build and will not feature Spaceway 3's elaborate on-board processing technology, Hughes Chief Executive Pradman Kaul said Aug. 7.
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| | | | OHB Joins Competition for Galileo Satellite Contract |
| | | | PARIS — OHB Technology has entered the competitive bidding to build all 26 Galileo navigation and positioning satellites in direct competition with a consortium of Europe's two largest satellite prime contractors, Astrium Satellites and Thales Alenia Space, OHB Technology Chief Executive Marco R. Fuchs said Aug. 7.
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| | | | European Commission Soliciting Bids for S-Band Mobile Satellite Services |
| | | | PARIS — The European Commission Aug. 7 launched a competition to provide S-band mobile satellite services in Europe and set an Oct. 7 deadline for bids from industry.
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| | | | Falcon 1 Mishap Attributed to Timing Issue |
| | | | WASHINGTON – Space Exploration Technologies (SpaceX) Chief Executive Elon Musk said Aug. 6 that a small timing error caused the first stage of the Falcon 1 rocket to bump into the second stage instead of falling harmlessly away during the vehicle's failed Aug. 2 launch, bringing the low-cost rocket's third attempt to reach orbit to a premature end.
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| | | | Inmarsat's BGAN Business Takes Off |
| | | | PARIS — Inmarsat registered an 84 percent increase in the number of users of its BGAN high-speed land-mobile satellite service and said BGAN revenue more than doubled, to $33.4 million, in the six months ending June 30 compared to the same period a year earlier, the London-based company announced Aug. 6.
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| | | | Yahsat Raises $1.2 billion for Two-Satellite Program |
| | | | PARIS — Al Yah Satellite Communications Co. (Yahsat) has secured commitments for $1.2 billion, mainly in bank loans, to finance its two-satellite civil-military telecommunications system, Abu Dhabi, United Arab Emirates-based Yahsat announced Aug. 6.
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| | | | Musk's PayPal Co-Founders Invest in SpaceX |
| | | | WASHINGTON — Space Exploration Technologies (SpaceX) Chief Executive Elon Musk recently accepted a $20 million investment from Founders Fund, a $220 million venture capital firm managed by his fellow PayPal co-founders.
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| | | | CNES Sells Spot Image Shares to Astrium Services |
| | | | PARIS — The French space agency, CNES, has concluded the sale of its 41 percent ownership in satellite Earth observation products company Spot Image to Astrium Services for 19 million euros ($29.6 million) in cash plus royalties on future sales from the Spot 5 satellite, which was financed by CNES and is currently in orbit, CNES officials said Aug. 5.
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| | | | Lockheed Martin, Thales Alenia Space Finalists for Iridium Next Contract |
| | | | PARIS — Mobile satellite services fleet operator Iridium Satellite LLC has selected two finalists — Lockheed Martin of the United States and Thales Alenia Space of Europe — to compete to build Iridium's second-generation constellation of low-orbiting spacecraft. A decision on a winner will be made, and a contract signed, by mid-2009, Iridium announced Aug. 4.
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| | | | Eutelsat Raises Future Revenue Expectations |
| | | | PARIS — Satellite-fleet operator Eutelsat reported increased revenue and profit from its 24 satellites and said it expects annual revenue growth of 6 percent between now and 2011, when sales should surpass 1 billion euros ($1.55 billion), the company said July 31.
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