2 July 2000
| Satcoms | AsiaSat Granted
Approval for Hong Kong BSS Channels EMS Orders Norsat ODUs for Astra Service Euteltracs Moves to Seasat FCC Revokes Broadband Satellite Licences Phones and VSATs for Mexican Petrol Stations Second European Satellite for GE Americom TRW Ships Astromesh Reflector |
| Earth Observation | NPOESS Preparatory Project Study Contracts Awarded |
| Military Space | IBS First Phase Study Contract for Lockheed Martin |
| Science | ISRO Planning Lunar Mission |
| Manned Space | Cdn$ 72 Million Canadarm Contract for MacDonald Dettwiler |
| Technology | Atlantic Research's Apogee
Motor Performs Well Triple Junction Solar Cells from Emcore |
| Launch Vehicles | Boeing Rationalises - 900 Jobs
to Go Boeing to Launch Radarsat 2 |
| Launches | Feng Yun 3C Nadezhda, Xinhua-1, SNAP-1 TDRS-H Sirius 1 |
| Business | Globalstar's
Woes New Subsidiary at Motient OrbComm Hits Money Problems Teledesic Opens Saudi Office |
| People | Dave Smith Joins
SpaceDev New President at the EBU Prashanth Narasimha Joins The Fantastic Corporation |
| Previous News |
AsiaSat Granted Approval for Hong
Kong BSS Channels
Asia Satellite Telecommunications company Limited
(AsiaSat) has been granted a licence by the Chief Executive in Council of the
Hong Kong SAR [Special Administrative Region] Government to maintain and
operate a payload of four Broadcasting Satellite Service (BSS) channels onboard
AsiaSat 4.
AsiaSat 4, which is due for launch at the
beginning of 2002, will carry the four BSS channels assigned to Hong Kong in
the ITU's 1997 World Radiocommunication Conference (WRC 97) as well as a Fixed
Satellite Service (FSS) payload.
EMS Orders Norsat ODUs for Astra
Service
Norsat
International Inc has received an initial order for 10,000 hybrid Ka/Ku band
Outdoor Units (ODUs) from EMS Technologies Canada Ltd, a subsidiary of EMS
Technologies Inc..
The ODUs will be integrated with EMS
indoor units (IDUs) into open-standard Satellite Interactive Terminals (SITs)
on the SES Astra BBI (Broadband Interactive) service, further to an order
recently announced by EMS from Kokua Communications, Inc. The Norsat ODUs are
scheduled for delivery over approximately a two-year period, with initial
shipments expected to begin in the fourth quarter of 2000, and increased
volumes beginning in 2001.
The EMS order and follows on from another
recently announced order from LGIC (KoreaSAT) for broadband ODUs.
The
Norsat ODU consists of a Ka band transmitter and Ku band receiver, as well as
the dish antenna, and has been engineered to international open standards
specifications.
Euteltracs Moves to Seasat
Euteltracs, the
Alcatel/Qualcomm/Eutelsat satellite-based fleet management system, has extended
its geographical coverage by transferring its messaging service to Eutelsat's
recently launched Sesat satellite. Sesat coverage includes Europe, western
Siberia, north Africa and the Middle East.
Previously,
the Euteltracs service used Eutelsat II capacity.
The service will now
support new users in the Middle and Far East and the Arabian peninsula, with
coverage that extends to Novosibirsk (Russia), Ourolimtsi (China) and Riyadh
(Saudi Arabia).
FCC Revokes Broadband Satellite
Licences
The
Federal Communications Commission (FCC) has revoked the licences held by three
satellite operators for the construction and operation of broadband satellites
because the companies did not begin satellite construction by a deadline of May
1998.
The companies affected are:
* Netsat 28
(1 satellite at 95° W)
* Morning Star Satellite Co LLC (satellites at
62° W, 147° W, 30° E, 107.5°E)
* PanAmSat (satellites at
58° W, 125° W)
Netsat 28 and Morning Star did not produce an
eligible contract for satellite construction by the May 98 deadline, though
Netsat 28 eventually signed a contract with Space Systems/Loral in December
1999
PanAmSat's licence concerns the PAS 10 and 11 satellites.
PanAmSat filed a request to modify these licences to include intersatellite
links (ISLs), but since the FCC has not yet assigned frequencies for ISLs
PanAmSat requested that the milestone schedule be suspended until frequency
assignments are available. The FCC rejected this application on the grounds
that it could be used as a tactic for continuously introducing delays into the
construction process.
EMS, which is in the process of acquiring Netsat
28, is considering an appeal against the decision as well as other
options.
Phones and VSATs for Mexican Petrol
Stations
Satmex and
Globalstar de México have signed an agreement with The National
Organization of Gas Expenders (ONEXPO), an operator of 4,500 petrol stations
across Mexico, to implement satellite-based data and voice communications
services throughout its dealer network.
Under the terms
of the agreement, Satmex and Globalstar de México will provide
consulting services to ONEXPO to develop a plan for the use of both very small
aperture terminals (VSAT) and Globalstar fixed phone units at ONEXPO dealers
across Mexico. These two systems will be used in varying combinations to allow
individual dealers to send and receive customer transaction and other data over
Satmex geostationary satellites and also to provide voice telephone service to
dealers in remote locations who currently have limited or, in some cases, no
access to terrestrial telephone service.
Second European Satellite for GE
Americom
GE
American Communications (GE Americom) has announced plans to launch GE-2E, an
all Ku-band satellite to serve the rapidly growing European market.
GE-2E, GE Americom's second European payload is planned to
begin operation from 24° W in the 4th quarter of 2002. The satellite is
expected to meet the delivery needs of broadband data and Internet content and
service providers in
addition to cable and broadcast television programmers
across Europe, including Scandinavia and the Middle East.
GE
Americom's current European capacity, GE-1E at 5° E (half of the capacity
on the Sirius 2 spacecraft), is nearly full.
TRW Ships Astromesh Reflector
TRW's Astro Aerospace
subsidiary has delivered the third in a series of four large, lightweight,
deployable reflectors designed to serve as an antenna for high-power spacecraft
communications systems to Hughes Space and Communications Co.
Measuring more than 12 m in diameter and weighing only 55
kg, the reflector is one of the largest developed for satellite communications
applications, such as mobile communications systems. Its large size enables it
to carry hand-held voice and data communications from geo-stationary orbit.
The antenna was built using TRW's patented AstroMesh technology. AstroMesh
reflectors, which have been built in 6m and 12 m designs, are made of a
graphite composite tube truss structure that unfolds from a cylindrical stowed
shape. When stowed, the reflector folds into a package only 10% of its full
diameter.
TRW Astro Aerospace designs and manufactures space
deployable structures, including deployable truss masts, telescopic booms,
storable tubular extendible members, solar arrays and deep truss
structures.
The antenna is probably intended for the Thuraya mobile
phone satellite which is scheduled for launch in August or September this
year.
NPOESS Preparatory Project Study
Contracts Awarded
TRW Inc and Lockheed Martin Space Systems have each
been awarded a three-month study contract by NASA Goddard Space Flight Center
(GSFC) for the National Polar-Orbiting Operational Environmental Satellite
System (NPOESS) Preparatory Project (NPP).
Scheduled for
launch in 2005, NPP has two primary objectives. NPP will reduce risk on NPOESS,
the USA's next-generation, polar-orbiting environmental weather satellite
system, by assessing the operational capability of NPOESS' ground system
elements and three of its four primary instruments. The other objective is to
ensure the continuity of earth science data between the launch of NASA's Earth
Observing System (EOS) spacecraft in the next three years and NPOESS spacecraft
toward the end of this decade.
TRW is building the spacecraft and
integrating the instruments onto NASA's EOS Aqua and Aura satellites. TRW is
also leading a team developing an affordable, total system solution for NPOESS
under a 27-month program definition and risk reduction contract.
For
the NPP study, TRW will determine how to best accommodate advanced
environmental science instruments on one of TRW's existing, qualified
spacecraft products in NASA's Rapid II catalog. NASA's Rapid II spacecraft
catalog is a procurement approach that offers rapid development and production
of spacecraft using standardised spacecraft products.
IBS First Phase Study Contract for
Lockheed Martin
A
Lockheed Martin led industry team has been selected for the competitive first
phase of the Integrated Broadcast Service (IBS) program, a Joint Services
programme that will effectively manage the flow of intelligence data from
satellites and sensors to warfighters.
The Lockheed
Martin team was awarded a US$ 2 million contract for the six-month programme
definition and risk reduction phase.
The IBS project is a six-year,
Department of Defense programme for the Joint Services, with a potential value
of US$ 60 million. An engineering and manufacturing development contract is
expected to be awarded in April 2001.
The IBS service will make the
large amounts of data from intelligence gathering satellites and other sensors
more manageable for users. The service will allow members of the U.S. military
to set preferences for data and information they need, such as enemy troop
movements, fortifications, weaponry and terrain obstacles. IBS will have the
capability to sort through the streaming data and funnel relevant information
to users based on their pre-set mission profiles. When fielded, IBS will
provide continuous, world-wide service to the military. Eventually, the service
will also provide data in a Common Message Format.
ISRO Planning Lunar Mission
According to India
Today, the Indian Space Research Organisation (ISRO) intends to launch a probe
to the moon in 2005. The main reason behind the project is reported to be to
motivate Indian scientists and the Indian nation.
The
project, which will probably be for a lunar orbiter, is still in the planning
stage and has an expected price tag of Rs 3.4 billion. ISRO believes it already
has the key spacecraft and launcher technology necessary to achieve this
goal.
Cdn$ 72 Million Canadarm Contract
for MacDonald Dettwiler
The Canadian Space Agency has placed a Cdn$ 72 Million
Contract with MD Robotics, of Brampton, Ontario for work on the International
Space Station.
The contract is to support the logistics
and engineering behind the Mobile Servicing System (MSS). This system, which
includes the new generation Canadarm, is indispensable to the assembly of the
Space Station. Almost 600 jobs will be created in leading-edge engineering and
space technologies.
Under the terms of the contract, MD Robotics will
have the mandate to carry out the maintenance of the MSS, to make required
updates on its software, to provide necessary spare parts and to maintain the
engineering expertise essential to the proper functioning of this new robotic
manipulator for the next three years.
The Mobile Servicing System is a
sophisticated robotic system critical to the assembly, maintenance and
servicing of the Space Station. The Canadian elements of the MSS are comprised
of four components including the Space Station Remote Manipulator System, the
Special Purpose Dexterous Manipulator, the Mobile Base System and the
Artificial Vision Unit. This combination represents some of the most advanced
robotics in the world.
Atlantic Research's Apogee Motor
Performs Well
Atlantic Research Corporation's LEROS 1C Liquid Apogee
Engine has successfully performed orbit-raising manoeuvres for two A2100
satellites built by Lockheed Martin Space Systems Company, Sunnyvale
Operations.
The LEROS 1C engine uses a conventional
columbium chamber with hydrazine and nitrogen tetraoxide as propellants. It
delivers a specific impulse in excess of 325 seconds, which is up to 10 seconds
higher than other engines of its class. This increased performance offers
significant advantages, including increased payload capability, longer
on-station life, and reduced launch costs.
The LEROS 1C was developed
and manufactured by ARC UK Ltd of Westcott, England. The LEROS 1C is the third
generation in the successful LEROS 1 engine series, of which over 45 engines
have been flown on various communications satellites and interplanetary
missions.
ARC UK Ltd is currently developing the LEROS 1D apogee
engine, designed to deliver specific impulse in excess of 330 seconds.
Development is also proceeding on an advanced 5-lbf attitude control thruster,
the LEROS 20Ha, which will use the same propellants as the LEROS 1C and 1D
apogee engines. Both programs are co-funded by the European Space Agency.
ARC, a unit of Sequa Corporation, is a leading developer and producer of
solid propellant rocket motors, gas generators, advanced composite materials
and liquid propulsion systems, including the liquid propellant rocket motor
line acquired from Royal Ordnance in late 1998.
Triple Junction Solar Cells from
Emcore
Emcore
Corporation has announced that the company's new triple-junction solar cells
with 26% efficiency are in production and are being shipped to customers for
space qualifications.
During qualification testing,
these cells demonstrated a power loss of only 8% under a typical 15 year
geostationary orbit characteristic of communication satellites. These new solar
cells are expected to significantly improve satellite communications economics
by increasing payload capabilities.
Those applications demanding the
absolute highest performance can gain 10% more power with Emcore's
triple-junction solar cells than with previous triple junction cell designs.
These triple-junction compound semiconductor solar cells are being produced at
Emcore's facility in the Sandia Technology Park, located in Albuquerque, New
Mexico. The high initial efficiency coupled with the lowest on-orbit power loss
in the industry enables satellite manufacturers to offer increased payload for
the same solar array size at a cost comparable to previous designs.
The average efficiency of Emcore's triple-junction solar cells currently in
production is 26%, and the maximum efficiency observed to date is
26.8%.
Boeing Rationalises - 900 Jobs to
Go
Boeing has
revealed that it will eliminate up to 900 jobs from its Delta rocket and C-17
military transport programs in Huntington Beach and transfer the work to plants
in Colorado and Alabama. The move is part of a consolidation of manufacturing
operations that began in 1998, a few months after Boeing acquired competitor
McDonnell Douglas.
About 300 production jobs will be
eliminated from Delta programs. Up to 300 more support jobs will also be
lost.
The transition will begin in the third quarter, and is expected
to be complete by the second quarter of 2002.
Most Delta work now done
in Huntington Beach will be moved to Pueblo, Colorado., and Decatur, Alabama.
The Huntington Beach facility still will manufacture Delta IV nose cones and
hydraulic systems and other components for the Delta II and Delta III.
Delta IV work now done in Pueblo will be moved to Decatur as part of the
consolidation. Existing work forces in Pueblo and Decatur will absorb the
additional work. The plan will maximise the use of existing Delta facilities,
which are currently 80% under-utilised.
After the move, Huntington
Beach's primary mission will be engineering, research and management of rocket
manufacturing programs.
Boeing's space shuttle production and
maintenance operations, also in Huntington Beach, will not be
affected.
Boeing to Launch Radarsat 2
The Boeing Co will
launch Canada's Radarsat-2 Earth-observation satellite, with the world's most
advanced synthetic aperture radar (SAR) system, on board a Delta II rocket in
2003.
MacDonald Dettwiler and Associates Ltd., Richmond,
British Columbia, Canada, awarded Boeing the contract to launch the
satellite.
Satellite mass is expected to be 2,600 kg, and it will be
placed in a sun synchronous orbit with an altitude of 798 km and an inclination
of 98.6°.
Radarsat-2 will offer data for new applications tailored
to market needs, thereby enhancing the satellite's potential for providing new
environmental and resource information. It will also have an all-weather,
24-hour viewing imager with a ground resolution of 3 m.
Feng Yun 3C
Launched: 25 June 2000
Site: Xichang Satellite Launch Centre, China
Launcher: Long March 3C
Orbit: GEO 105° E
International Number: 2000-032A
Name: Feng Yun
3C
Contractor: Shanghai Aerospace Technology Research Institute, the
Chinese Research Institute of Space Technology
Feng Yun 3C is a
meteorological satellite.
Nadezhda, Xinhua-1, SNAP-1
Launched: 28 June 2000
Site: Plesetsk, Russia
Launcher: Cosmos 3M
Orbit: LEO, apogee: 708
km, perigee: 684 km: inclination: 98.1°
International Number:
2000-033A
Name: Nadezhda 06
Orbit: LEO, apogee: 708 km, perigee:
684 km: inclination: 98.1°
International Number: 2000-033B
Name:
Xinhua-1
Owner: Tsinghua University and Surrey Satellite Technology Ltd
Contractor: Surrey Satellite Technology Ltd
Orbit: LEO, apogee: 708
km, perigee: 684 km: inclination: 98.1°
International Number:
2000-033C
Name: SNAP-1
Owner: Surrey Satellite Technology Ltd
Contractor: Surrey Satellite Technology Ltd
Nadezhda 06 is a
navigational satellite intended to be used with the COSPAR-SARSAT international
rescue system
The Tsinghua-1 microsatellite, is a collaborative
project between Tsinghua University in Beijing, China, and SSTL, UK. It carries
multispectral Earth imaging cameras providing 39 m nadir ground resolution in 3
spectral bands, as a demonstrator for the upcoming Disaster Monitoring
Constellation of microsatellites, as well as experimental communications
payloads.
SNAP-1 is a research spacecraft for evaluating the use of
commercial micro-miniature technologies for nanosatellites. It has a mass of
6.5 kg and carries advanced micro-miniature GPS navigation, camera technology,
onboard computing, propulsion and attitude control technologies.
The
SNAP-1 and Tsinghua-1 spacecraft will attempt to rendezvous in-orbit and
demonstrate formation flying of such small satellites for the first
time.
TDRS-H
Launched: 30 June 2000
Site: Kennedy Space
Center
Launcher: Atlas 2A
Orbit: GEO 171° W
International
Number: 2000-034A
Name: TDRS-H
Owner: NASA
Contractor: Hughes Space
and Communications
Once operational TDRS-H will be renamed TDRS-8.
TDRS-H is a tracking and data relay satellite used by NASA primarily
during space shuttle missions and NASA science satellites. In addition to the
Space Shuttle, other NASA programs using the TDRS fleet include the Hubble
Space Telescope, STARlink, the Tropical Rainfall Measuring Mission (TRMM),
Landsat (LSAT), the Earth Observing System (EOS), Expendable Launch Vehicle
tracking, and soon the International Space Station.
It is based on a
modified Hughes HS 601 platform and carries S, Ku and Ka band payloads. It is
the first of a series of three TDRS satellites being built by Hughes to update
NASA's TDRS fleet.
TDRS-H receive data rates are 300 Mb/s at Ku and Ka
band, and 6 Mb/s at S band. It carries the additional capability for Ka band
receive rates of up to 800 Mb/s. Transmit data rates are 25 Mb/s for Ku and Ka
band, and 300 kb/s for S band. In addition, S-band phased array antenna can
receive signals from five spacecraft at once, while transmitting to one.
The spacecraft is equipped with a pair of innovative folding antennas. The
4.6 m diameter, flexible graphite mesh antenna reflectors fold up for launch,
then "spring back" into their original cupped circular shape on orbit. These
steerable, single-access antennas can simultaneously transmit and receive at S
band and either Ku or Ka band, supporting dual independent two-way
communication.
When fully deployed, the TDRS-H satellite measures 21.0
m in length and 13.2 m in width. At beginning of life, its weight on orbit will
be 1777 kg and it generates 2300 W of electrical power.
Sirius 1
Launched: 30 June 2000
Site: Baikonur
Cosmodrome, Kazakhstan
Launcher: Proton/Block DM
Orbit: GEO
International Number: 2000-035A
Name: Sirius 1
Owner: Sirius Satellite
Radio
Contractor: Space Systems/Loral
Sirius 1 is a geostationary
communications satellite which will be used to broadcast digital radio to North
America
Globalstar's Woes
Conflicting reports are
coming out of Globalstar and its backers on the repayment of a US$ 250 million
credit facility from The Chase Manhattan Bank which was drawn on in early June
and which expired on June 30th.
Globalstar is believed
by analysts to have drawn on the revolving credit agreement on or about June
10th. When repayment was due on June 30th Globalstar defaulted and the loan's
guarantors, Lockheed Martin, Qualcomm, DASA and Loral Space &
Communications, were called on to make good the payment, which they then
did.
Lockheed Martin repaid US$ 207 million, including fees and
interest, to The Chase Manhattan Bank and is now in dispute with Globalstar
about the form of its reimbursement. Under the terms of its agreement with
Globalstar, Lockheed Martin is entitled to repayment of any amounts paid under
the guarantee. Loral Space & Communications has paid US$ 57 million to
Lockheed Martin. That payment is based on a separate indemnification agreement
made by Loral to Lockheed Martin.
When the credit facility was set up
in 1996 the guarantors received warrants for Globalstar common stock in
consideration for their guarantee. Globalstar has offered the guarantors
pay-in-kind notes due in 2003. Lockheed Martin has rejected this offer. In
effect the net result is that Globalstar has received a US$ 250 million cash
injection and the guarantors to the Chase credit facility have been left with
notes which could be effectively worthless when they become due in 3 years time
if Globalstar folds.
By year end, Globalstar expects to have some US$
90 million left from the US$ 250 million it received under the credit facility,
plus any revenues it receives from sale of its services. Analysts now believe
that Globalstar, which is losing approximately US$ 30 million a month, has
enough money to continue operating until March 2001.
New Subsidiary at Motient
Motient Corporation,
formerly American Mobile Satellite, has announced the creation of a new
subsidiary, Motient Satellite Ventures LLC.
The new
subsidiary includes an investment group made up of Columbia Capital, Spectrum
Equity Investors and Telcom Ventures LLC. The investment group will initially
invest US$ 50 million to acquire a 20% ownership in the new subsidiary, which
may be converted into stock of the parent company. The group also has an option
to increase their investment over the next two years to a majority stake in the
venture.
OrbComm Hits Money Problems
LEO satellite data
communication service provider OrbComm Global LP (OrbComm) has fired 112
employees and contractors "to align its operational expenses with its revenue
and funding sources".
OrbComm believes this reduction in
workforce, about 20% of its staff, will not prevent it from supporting its core
competencies, including the maintenance and operation of the OrbComm satellite
constellation and the provision of OrbComm services to a growing community of
customers around the world.
Orbital Sciences Corporation, which
designs, manufactures and launches OrbComm's satellites, is delaying production
of future OrbComm satellites. Orbital Sciences is reported to have stopped all
work on the satellites.
This revised production schedule will allow
OrbComm to dedicate its capital to the marketing, sales and installation of
subscriber units for new and existing customers. The procurement of additional
satellites is neither time- nor operationally critical at this time to the
distribution of OrbComm service.
OrbComm's problems appear to stem not
so much from its own financial position, but from those of its main investor,
Teleglobe. Orbcomm has a negative cash flow and is still in the phase of
building its market and requires considerable, regular, cash injections from
its shareholders Teleglobe and Orbital Sciences. Teleglobe is losing money at
an alarming rate and has just been acquired by Bell Canada Enterprises (BCE).
BCE is rumoured to believe that Teleglobe's 66% stake in OrbComm is a luxury it
cannot afford to keep. Recently Teleglobe missed a US$ 8 million payment it was
due to make to OrbComm, precipitating the current problems at the LEO satellite
operator.
OrbComm's other investor, Orbital Sciences, also has
financial problems having lost its shareholder's confidence following a series
of disagreements about its accounting practices. Orbital Sciences has recently
dismissed its accountants KPMG and has reissued its last four annual financial
reports.
Teledesic Opens Saudi Office
Future global broadband
satellite operator Teledesic LLC has opened an office in Riyadh and appointed
telecommunications regulatory veteran Sami Al Basheer to head the office as its
director of Middle Eastern and North African affairs.
Prior to joining Teledesic, Al Basheer served as chief of the regional office
for the Arab States at the International Telecommunication Union (ITU) and
served as the chairman of its Telecommunication Advisory Development Board,
where he was responsible for ITU efforts on Global Telecommunication
Development. He also served as the chairman for the 1995 ITU World
Radiocommunicaiton Conference and was a member of the ITU Council representing
Saudi Arabia from 1983-1998.
Dave Smith Joins SpaceDev
SpaceDev Inc has
appointed Mr. David B. Smith to the newly created position of Chief Technical
Officer. He will also assume the role as Vice President of Engineering with
responsibility for consolidating overall company technical activities, and to
ensure the development of quality hardware and flight systems.
One of Smith's first duties will be to assume management
responsibilities for the company's commercial deep space missions, including
the company's commercial Lunar, asteroid and Mars exploration initiatives.
In related news, Mr. Charles H. Lloyd, Chief Financial Officer, has been
made responsible for setting up a new business structure for lunar and deep
space mission funding. He will be working with corporate sponsors and partners
in the broadcast and Internet arenas, and will be identifying future investors
for SpaceDev's opportunities. As a result of increased interest in and work on
the potential commercial lunar mission, SpaceDev is seeking a new target
asteroid, with a later launch date, for its proposed Near Earth Asteroid
Prospector (NEAP). The mission still has a high corporate priority, and the new
target and tentative launch date will be announced later in the
year.
New President at the EBU
The directors general
of Europe's public service broadcasters have elected Arne Wessberg, head of the
Finnish broadcaster YLE, as President of the European Broadcasting Union
(EBU).
Wessberg, who is also President of Eurosport,
will succeed Albert Scharf, Director General of the Bayerischer Rundfunk
(Bavarian Broadcasting Corporation). Scharf completes his ninth consecutive
two-year term as EBU President on 31 December.
Boris Bergant, Deputy
Director General of RTVSLO, Klaus Berg, Director General of ARD/Hessischer
Rundfunk, Michèle Cotta, Director General of France 2, and Roberto
Zaccaria, President of RAI were elected to the four offices of
Vice-President.
Prashanth Narasimha Joins The
Fantastic Corporation
The Fantastic Corporation has appointed Mr. Prashanth
Narasimha as Vice President Corporate Marketing, starting in August 2000.
Mr. Narasimha is a strong strategist with broad ranging
international technology, marketing and managementexperience and will lead
Fantastic's global marketing activities.
He will be responsible for
all global Marketing aspects including Product Marketing, Product Management,
Competitive Analysis, Product Solution & Pricing as well as PR and
Marketing Communications.
As part of the Executive Office, Mr.
Narasimha will directly report to the CEO and will be based at The Fantastic
Corporation's headquarters in Zug, Switzerland.