Washington, D.C. (CSF PR) – The Commercial Spaceflight Federation is pleased to announce the addition of three new organizations to its membership. BRPH, The Robert A. & Virginia Heinlein Prize Trust, and Swiss Space Systems’ S3 USA Holdings have each joined as Associate Members.
“The addition of these three members is a testament to the diversity, continued growth and development of the commercial spaceflight sector,” stated CSF President Michael Lopez-Alegria. “Each new member represents a unique area within our industry; I look forward to having their expertise as a part of our membership.”
Mystery Group Invests More in Bankrupt Sea Launch
Commercial launch-services provider Sea Launch Co., which has been in Chapter 11 bankruptcy proceedings since June, on Feb. 25 received $3 million in cash from the same group of investors that provided an initial tranche of financing to keep the company in operation, according to documents filed with the Delaware Bankruptcy Court.
Further payments totaling $9 million will be distributed in three monthly increments starting in March on condition that Long Beach, Calif.-based Sea Launch begins to secure commercial launch contracts, according to court documents…