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Sea Launch Bankruptcy Stokes Fears of Rising Launch Prices
Space News
Major commercial satellite fleet operators said the June 22 Chapter 11 bankruptcy filing by Sea Launch Co. LLC is bad news for the health of the industry despite repeated claims by some launch service providers that the global market is oversupplied with rockets.
Continue reading ‘Fears Grow of Higher Launch Costs After Sea Launch Bankruptcy’
SeaLaunch Chapter 11, Obama and Kennedy, GUCP again and Ares vs Side Shuttle vs Direct – 2.19
Sea Launch bankruptcy could cost Boeing $478 million
Seattle Post-Intelligencer
Boeing subsidiary Sea Launch Co. LLC, which provides ocean-based launch services to the commercial satellite industry, has filed for Chapter 11 bankruptcy protection — and that could end up costing Boeing $478 million.
In the second quarter of 2009, Boeing expects a pre-tax charge of about $35 million, the Chicago-based aerospace firm said Thursday in a regulatory filing. The company said that if it is unable to get reimbursement from Sea Launch or its partners, its total charges could be $478 million.
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SEA LAUNCH PRESS RELEASE
Sea Launch Company L.L.C. and Sea Launch Limited Partnership and subsidiaries (“Sea Launch†or “Companyâ€), a leading provider of launch services to the commercial satellite industry, has filed voluntary petitions to reorganize under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware in Wilmington.
Sea Launch sends Italian satellite into orbit
Associated Press
Sea Launch Co. successfully sent a communications satellite into orbit early Monday for Italy’s armed forces and NATO from its floating launch platform in the equatorial Pacific.
Continue reading ‘Sea Launch Places Military Satellite into Orbit’
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