Chris Stott Dismissed as Defendant in Excalibur Almaz Lawsuit

An Almaz space station module being transported on the Isle of Man. (Credit: Excalibur Almaz)
An Almaz space station module being transported on the Isle of Man. (Credit: Excalibur Almaz)

There’s some good news for Chris Stott:

The Chief Executive of MannSat, Chris Stott, has been dismissed from a lawsuit which had been filed in the United States.

A woman from Houston in Texas had brought the case against Excalibur Exploration Chairman Arthur M. Dula and CEO J. Buckner Hightower.

Donna Beck alleged Mr Dula defrauded her and her late husband out of $300,000 by claiming his company had a ‘special rocket engine’ to ‘travel in space to a distant asteroid and mine precious metals’.

Mr Stott – who married NASA astronaut Nicole Stott at St Peters in Onchan – is a Director of Excalibur. His lawyers said claims against him had been “totally unfounded”.

Read the full story.

Investor Sues Art Dula, Excalibur Almaz for Alleged Fraud

Artist's conception of the private Excalibur Almaz space station in orbit. (Credit: Excalibur Almaz)Via Clark Lindsey at NewSpace Watch: A Texas woman has sued Art Dula and Excalibur Almaz over for allegedly defrauding her and her late husband in an asteroid mining scheme:

Donna Beck sued Houston patent attorney Arthur Dula, his companies Excalibur Exploration Limited, Excalibur Limited, Excalibur Almaz Limited and Excalibur Almaz USA Inc., and Excalibur directors J. Buckner Hightower and Christopher Stott, in Harris County Court.

(more…)

Excalibur Almaz USA Appoints Buckner Hightower as CEO

HOUSTON, May 10, 2011 — Excalibur Almaz USA, Inc., a commercial orbital aerospace company, has appointed Buckner Hightower Chief Executive Officer. Mr. Hightower, who had been Acting CEO since Feb. 6, was formally appointed to his new position by the Board of Directors effective May 5. He served the company as Executive Vice President, Business during the previous five years.

“I would like to congratulate Buckner on his appointment and wish him all the best as he assumes his new duties,” said Art Dula, Board Chairman of Excalibur Almaz, USA.
(more…)