Latest News

[Satellite TODAY 07-13-10] Sea Launch has entered into an agreement with Asia Satellite Telecommunications (AsiaSat) to launch an AsiaSat satellite into geosynchronous transfer orbit between 2012 and 2014, Sea Launch announced July 12.
    The launch will be carried out on Sea Launch’s Zenit-3SL launch system, from its equatorial launch site at 154 degrees West Longitude, in international waters of the Pacific Ocean. The new AsiaSat satellite will provide services to both the broadcast and telecommunications industries.
    “We are very pleased that we have arrived at this agreement, which will be beneficial for both Sea Launch and AsiaSat,” Sea Launch President Kjell Karlsen said in a statement.
    Sea Launch said it would exit Chapter 11 bankruptcy protection in the third quarter of 2010. Sea Launch filed its reorganization to the U.S. Bankruptcy Court in Delaware on May 10. A hearing to discuss the plan is scheduled for July 27.
    Financial details of the launch contract were not disclosed.

Related Stories-


Sea Launch Reorganization Plan Pays Back Only 17.5 Percent of Boeing’s Claims
   Satellite Today   May 13, 2010
[Satellite TODAY 05-13-10] Under Sea Launch s reorganization plan, Aker and Boeing may not receive the full $1.76 billion in claims the two companies filed against the launch provider after it filed for bankruptcy in June, according to a disclosure…

EOL Takes Over As Sea Launch Financier   Satellite Today   May 5, 2010
[Satellite TODAY 05-05-10] The U.S. Bankruptcy Court of Delaware authorized Energia Overseas Ltd. (EOL) to replace Space Launch Services (SLS) as Sea Launch s existing debtor-in-possession lender, Sea Launch announced May 4. EOL will provide…

Bankruptcy Court Approves Second Sea Launch Financing   Satellite Today   March 22, 2010
[Satellite TODAY 03-22-10] Sea Launch has received approval from the U.S. Bankruptcy Court in Delaware to secure an additional $12 million loan from Space Launch Services (SLS), Sea Launch announced March. 18. ��� Sea Launch, which announced in…

Get the latest Via Satellite news!

Subscribe Now