23 February 2003
Satcoms
HNS Provides Broadband Solution for Amazon Basin Preservation
Project
Intelsat and TVB Announce Hong Kong Pay-TV Service
Mainstream Data to
Provide European Pressphoto Agency with Turnkey Platform
Earth
Observation
Thailand Ground Station Begins Direct Tasking of Ikonos
Satellite
Military
Space
Comtech Wins US$
23.5 Million Contract for Satellite-based Tracking and Messaging Systems
DRS Technologies Receives
US$ 4 Million US Navy Contract
Science
QinetiQ To Go To "Asteroids Near You" Soon
Manned
Space
Columbia Disaster Update
Initial Requirements Set For Orbital Space
Plane
Launch
Services
Atlas V to
Launch Wideband Gapfiller as ILS' 1st EELV Mission
WildBlue Communications Chooses
Arianespace
Launches
Launch Schedule
Business
Globalstar Debtor-in-Possession Financing Approved
Loral to Seek
Shareholder Approval of Reverse Stock Split
SoundWorks International
Acquires White Springs Media
Products and Services
Intelsat Broadband Service Expands to
Mexico
People
SpaceDev Names New Chief Financial Officer
HNS Provides Broadband Solution for Amazon Basin Preservation
Project
(18
February 2003) Hughes Network Systems Inc (HNS) has signed a contract with
AmazonTech, a US subsidiary of ATECH, a Brazilian foundation specialising in
critical information management systems development and technology integration,
to provide a comprehensive satellite solution for the SIVAM (System for the
Vigilance of the Amazon) program.
The ATECH Group will
deploy HNS' DW1000 series broadband satellite terminals along with HNS' PES5000
VSATs, to expand the current PES satellite network for SIVAM. SIVAM is a
communication infrastructure established by the Brazilian government, which
collects data from satellite, aerial sensing and surveillance, fixed and mobile
radar, radio-localisation, meteorological stations and altitude weather
balloons. The data collected helps detect environmental changes in the Amazon
Basin, such as deforestation and illegal airstrips.
This contract
expands the size of the network and adds new broadband applications, including
file transfer, Voice over IP (VoIP), fax and video broadcasting. Given the
delicate ecosystem and variegated terrain of the Basin, satellite technology is
the only viable solution to deploy for the project.
Installation of
the new equipment began in early 2003 and will be completed within the
year.
Intelsat
and TVB Announce Hong
Kong Pay-TV Service
(19 February 2003) Intelsat and Television Broadcasts
Limited (TVB) have announced an agreement to provide a new pay-television
service for Hong Kong. Through the agreement, Intelsat owns a 51% stake in
Galaxy Satellite Broadcasting Limited (Galaxy), which is licensed to provide
pay-TV services in Hong Kong as well as teleport services.
Intelsat and TVB are contributing cash, transponder capacity
and programming valued at over US$ 136 million to launch the venture. The
contribution commitments between the two companies are broken down as follows:
Intelsat HK$ 413.3 million (US$ 53 million) in cash over three years (HK$ 173.9
million, HK$ 158.3 million, HK$ 81.1 million) and transponder capacity of HK$
128.7 million (US$ 16.5 million); TVB HK$ 196.6 million (US$ 25.2 million) in
cash over three years (HK$ 138.1 million, HK$ 45.2 million, HK$ 13.3 million)
and programming valued at HK$ 324.15 million (US$ 41.6 million).
The
all-digital, multi-channel service will feature a range of premium Cantonese
and other Chinese language programming exclusively supplied by TVB, including a
24-hour news program. The high-quality Cantonese programming is targeted to the
more than 90% of the Hong Kong population who speaks the language. Galaxy
subscribers will also receive a full spectrum of international news,
documentary, information, movie and other entertainment channels.
Intelsat will move an Intelsat VII series satellite to the 85º E orbital
location to transmit the Galaxy service via a high-powered Ku band beam.
Service is expected to begin within 12 months. Additionally, Intelsat will work
with TVB to support the global distribution of its programming.
Mainstream Data to Provide European Pressphoto Agency with Turnkey
Platform
(18
February 2003) Mainstream Data Inc and European Pressphoto Agency (epa) have
signed an agreement for Mainstream to provide epa with state of the art
communication solutions for delivery of epa's picture service to customers in
Europe and world-wide. The epa picture service provides world-wide real-time
newsphoto coverage as it happens, 24-hours a day, 7 days a week.
Mainstream's turnkey satellite, Internet, and wireless
networks can be combined with the Medias multimedia platform to deliver content
to end users instantly and at low cost. Medias also lets users create custom
profiles that filter incoming information and allow viewing with a web browser.
Because end users are increasingly mobile, Medias makes it easy for users to
define alerts that notify them of critical information via email, cell phone,
and other wireless devices.
The European Pressphoto Agency (epa)
started in 1985 as a consortium of Europe's largest photo and news providers.
Today, epa serves either directly or through its members' networks nearly one
thousand newspaper clients with complete newsphoto coverage from Iberia to
Siberia, from the Irish Sea to the Bosporus. From epa's editorial centre in
Frankfurt, epa directs the picture operation involving its staff photographers
throughout Europe. On the 1st of May 2003, epa will launch its new global
picture service, based on a dense network of staff photographers, stringers,
freelancers and strategic partners on all continents to serve clients around
the globe.
Thailand Ground Station Begins Direct Tasking of Ikonos
Satellite
(20
February 2003) Space Imaging's newest Regional Affiliate, Space Imaging
Southeast Asia has begun direct tasking and data collection of high-resolution
imagery from the Ikonos satellite.
Space Imaging signed
an agreement with Loxbit Co Ltd on August 29, 2002 for the formation of Space
Imaging Southeast Asia. The operations as well as the receiving antenna and
processing facility are located at GISTDA's (Geo-informatics and Space
Technology Development Agency) Lat Krabang Satellite Receiving Station in
Bangkok, Thailand. In order to ensure an efficient operation and quality
service to the customers in the region, Loxbit has contracted MappointAsia, a
well-known regional mapping/remote sensing company, as the operator of the
ground station.
Space Imaging Southeast Asia will have exclusive sales
and distribution rights of Ikonos satellite imagery in Thailand. Customers in
other countries that fall within the 4,600 km diameter communications cone
centred on Bangkok may also buy Ikonos imagery directly from Space Imaging
Southeast Asia.
Space Imaging Southeast Asia represents the latest
step forward in the development of a global network of commercial independent
companies dedicated to directly supplying high-resolution Earth imagery and
geospatial products to customers around the world. Other Regional Affiliates
include Space Imaging Middle East (Dubai), Japan Space Imaging (Tokyo), Space
Imaging Eurasia (Seoul) and Space Imaging Eurasia (Ankara), and European Space
Imaging (Munich).
Comtech Wins US$ 23.5 Million Contract for Satellite-based
Tracking and Messaging Systems
(18 February 2003) Comtech Telecommunications Corp has
won a contract with a major US prime contractor for satellite-based location
tracking and messaging systems and services. The US$ 23.5 million contract,
which was awarded to the Company's Maryland-based subsidiary, Comtech Mobile
Datacom Corp, involves the integration of Comtech's mobile terminal
transceivers into the prime's command and control systems that will provide
terrestrial line-of-sight and satellite capability for messaging and position
reporting to the US. Army.
Comtech's efforts include the
supply of mobile terminal transceivers, the lease of satellite capacity,
operation of the satellite packet data network, and associated systems support
and maintenance. Comtech has been working on this project since October 2002
pursuant to a letter subcontract. Performance will continue through February
2004.
The terminals used in this application are similar to those that
Comtech provides to the Army Logistics Command pursuant to its multi-year
Movement Tracking Systems (MTS) contract which has a potential value of US$ 418
million. The network to be used for the application will engage similar hub and
switch systems as are deployed for the MTS program. Contracts for satellite
capacity have been placed with commercial satellite operators to secure the
necessary geographic coverage to complement Comtech's existing coverage of
North America, and the services over these systems are up and
operating.
DRS Technologies Receives US$ 4 Million US Navy Contract
(19 February 2003) DRS
Technologies Inc has received a contract to design and develop state-of-the-art
active and passive infrared sensing systems for the Vertical Integrated Sensor
Arrays (VISA) program of the Defense Advanced Research Projects Agency (DARPA),
Microsystems Technology Office (MTO), for future advanced military and space
surveillance applications.
The program will focus on
massively parallel signal processing in focal plane array (FPA) technology,
considered necessary to address future strategic and tactical system needs of
multi-function active and passive thermal imaging and laser jamming avoidance
not addressed with current FPA technology.
The contract, valued at US$
10.5 million including options, was awarded to DRS by the Navy's Space and
Naval Warfare Systems Center (SSC) San Diego in San Diego, California. For the
initial US$ 4 million award, the company's DRS Infrared Technologies unit in
Dallas, Texas, will lead the effort to develop processes and circuit concepts
and demonstrate prototype infrared VISA FPAs for Department of Defense military
applications. The company's DRS Sensors & Targeting Systems in Anaheim,
California, also will contribute to the effort. The initial award has a
duration of 18 months.
For this award, DRS Infrared Technologies will
develop techniques to stack and interconnect multiple silicon wafers to form
massively parallel electrical connections between wafer layers. The approach
will be based on years of DRS's experience in thinning, laminating and
interconnecting infrared materials to silicon signal processors implementing
the company's High-Density Vertically Integrated Photodiode (HDVIP(R)) infrared
detector technology. DRS Sensors & Targeting Systems will design and
develop a process to cut high-aspect ratio holes in silicon wafers containing
FPA Read Out Integrated Circuits (ROIC) and electrically interconnect multiple
ROIC layers using thin film metallisation techniques.
Under separate
awards, DRS provides advanced FPAs for several significant US military programs
and is a market leader in long-range, advanced infrared sighting and weapons
systems technology for day and night target detection under harsh environmental
conditions. It is anticipated that this and other DRS-developed multicolour
infrared FPA technologies will continue to be utilised for theatre missile
defence and other key future military applications involving threat
warning.
QinetiQ To Go To "Asteroids Near You" Soon
(17 February 2003) Near
Earth Objects (NEOs) such as asteroids and comets are natural hazards, and many
have collided with our planet throughout its 4.5 billion-year history. As part
of a European Space Agency (ESA) project to consider future space missions
related to NEOs, QinetiQ has submitted a study that proves the feasibility of
sending a fleet of microsatellites (weighing 120kg each) to rendezvous with a
number of different NEOs and collect vital data about them. Funded by the
Agency's General Studies Programme, QinetiQ's study is one of several proposals
ESA will evaluate over the next few months to decide whether they merit further
development.
Named SIMONE (Smallsat Intercept Missions
to Objects Near Earth), the study is a unique interplanetary mission concept
comprising a fleet of low-cost microsatellites that will individually
rendezvous with a different Near Earth Object (NEO), each of a distinct
physical type. Using microsatellite technology, SIMONE will be a world-first
for interplanetary missions, and over the next 10 years will look specifically
at targets between 400 metres to 1300 metres in diameter similar to those that
could impact the Earth in the future.
Leading a consortium of
organisations, QinetiQ's role is both in spacecraft design/development and
co-ordinating the implementation of the entire system. Other parties involved
in this programme comprise the Planetary and Space Sciences Research Institute
of the Open University which is providing key asteroid science support and
definition of the on-board scientific instruments; SciSys (UK) is involved with
the ground segment design, operations and scientific data distribution; and two
Italy-based companies, Politecnico di Milano, which is involved with the
trajectory design; and Telespazio, which is involved with Open University in
selection of the NEO targets.
The SIMONE microsatellites are based
around a single spacecraft system design, configuration and payload, and share
a single ground segment - thereby significantly lowering recurring costs. With
a mass of 120 kg and a body size of 60 cm on a side, there are two critical,
advanced QinetiQ technologies, which make the SIMONE mission feasible using
such a small satellite design. These are the ion propulsion system (using
QinetiQ's T5 ion engines) and ultra-lightweight high power solar arrays (two
steerable array wings being developed, that are required to power the T5 ion
engine).
Using a piggyback ride on an Ariane 5 launch vehicle, each
SIMONE spacecraft will be placed into a highly elliptical Earth orbit, at very
low cost. The ion propulsion engine will then be used to enable the spacecraft
to escape Earth's gravity field and rendezvous with a target NEO.
In-situ science measurements taken by instruments on-board each SIMONE
spacecraft will, together, enable the wide diversity in the physical and
compositional properties of the NEO population to be characterised in a highly
cost-effective manner. The missions will provide valuable scientific knowledge
on the nature, origin and processing of NEOs, and the critical
physical/compositional information needed for the accurate prediction of impact
risk posed by NEOs, and the development of effective NEO threat response
strategies specifically tailored for each NEO type. As such, the data is
crucial in providing the first steps towards an Earth defence against these
objects.
Columbia Disaster Update
(22 February 2003) The third week of the investigation
into the loss of the shuttle Columbia along with the seven crew members aboard
during re-entry has revealed that Columbia's destruction was probably caused by
plasma breaking into the left wing. The reason why this happened is still a
mystery and may remain so.
Thermal analysis by NASA has
shown that the temperatures indicated by sensors in the left wing well shortly
before Columbia disintegrated could only have been caused by plasma ingress
through a breach in the leading edge of the left wing, the landing gear door or
the seals around the door. Loss of a few tiles would not have resulted in the
observed temperature signature.
A lot of attention continues to be
focussed on a large piece of debris which broke away from the external tank
some eighty seconds after lift-off and which struck the left wing. NASA
contends that this debris was insulating foam though there are concerns that
this is a valid interpretation. When the debris hit the left wing it
disintegrated into a white cloud. Insulating foam is orange-brown in colour.
During Columbia's flight NASA commissioned an analysis of potential damage
caused by the impact which made a range of assumptions in concluding that the
risk of damage which would affect flight safety was not an issue. This however
assumed that the debris was foam, that CRATER, the computer model used to
perform the analysis, was conservative and that results could be extrapolated
from impacts which were two orders of magnitude smaller.
Emails from
NASA staff and contractors are also now emerging that indicate at least a
certain level of concern about potential damage. There have also been
complaints from those expressing concern that were sidelined by the NASA
bureaucracy which did not want to know about problems. NASA's response is that
this is all part of the normal what-iffing that goes on during any mission and
was not in any way indicative of a real problem. Critics are now asking to see
examples of comparable "what-iffing" from other shuttle flights. This line of
discussion probably has a long way to go yet over the coming weeks.
Analysis of 32 seconds of corrupted data that never made it to Mission Control
just before Columbia's break-up has shown that the fuselage was intact for the
32 seconds after Mission Control lost contact with the shuttle. Telemetry
indicated that either the shuttle's left wing had already broken off or was so
severely damaged that the triply redundant hydraulic lines to the elevons and
landing gear had been destroyed with sensors showing no hydraulic
pressure.
Initial Requirements Set For Orbital Space Plane
(18 February 2003) NASA
has released the top level requirements for the Orbital Space Plane (OSP), a
next generation system of space vehicles designed to provide a crew rescue and
crew transport capability to and from the International Space Station. These
requirements set the foundation for the design of the vehicle and its
associated systems.
The Level I requirements for an OSP
system were developed based on NASA's missions, as defined in the Integrated
Space Transportation Plan, input from industry and Department of Defense
partners participating in the program. The requirements were reviewed at
multiple levels within NASA. The final review and approval process included the
NASA Administrator, Deputy Administrator, Associate Administrator for the
Office of Aerospace Technology, and the Associate Administrator, Office of
Space Flight.
Any future changes to the Level I Requirements would be
considered by the Orbital Space Plane Program Office and require approval from
the NASA Executive Council.
The program is in the process of
developing Level II Requirements for the OSP system. Unlike the Level I
requirements, which were defined by NASA, Level II requirements will be defined
at the program level and will be detailed in a document referred to as the
Systems Requirements Document (SRD) planned for release no later than late
2003.
Orbital Space Plane Program Level One Requirements
Mission Needs Statement: The vehicle(s) and associated systems will
support US International Space Station requirements for crew rescue, crew
transport, and cargo.
Requirements
| 1. | The system, which may include multiple vehicles, shall provide rescue* capability for no fewer than four ISS crew as soon as practical but no later than 2010. | ||||
| 2. | The system shall provide rescue capability that allows the safe return of de-conditioned, ill or injured crewmembers with ongoing treatment until arrival at definitive medical care within 24 hours. Crew should not require suits in the vehicle, but the vehicle should support crewmembers wearing suits if the situation warrants. | ||||
| 3. | The system for rescue shall provide for rapid separation from the ISS under emergency conditions followed by return to Earth. | ||||
| 4. | Safety
requirements system for crew rescue:
|
||||
| 5. | The system shall provide transportation capability for no fewer than four crew, to and from the International Space Station, as soon as practical, but no later than 2012. | ||||
| 6. | Safety requirement system for crew transport: The risk of loss of crew shall be, with high confidence, lower than the Space Shuttle for the transport mission. | ||||
| 7. | The system shall be designed for minimum life cycle cost. | ||||
| 8. | The system shall meet all applicable ISS requirements for visiting and attached vehicles. | ||||
| 9. | Compared to the Space Shuttle, the system shall require less time to prepare and execute a mission and have increased launch probability. | ||||
| 10. | Compared to the Space Shuttle, the system shall have increased on-orbit manoeuvrability. |
Operations Concepts
| 1. | The vehicle(s) shall initially launch on an ELV. |
| 2. | The system shall be operated through at least 2020. However, the system should be designed so that it could be operated for a longer time. |
| 3. | NASA envisions that the systems for crew rescue and crew transport could be different versions of the same vehicle design. |
| 4. | The system shall provide contingency capability for cargo delivery to or from the ISS to support a minimal level of science. |
| 5. | The system shall support a nominal ISS crew rotation period of 4-6 months. |
* Rescue includes medical evacuation and emergency evacuation.
Atlas
V to Launch Wideband
Gapfiller as ILS' 1st EELV Mission
(21 February 2003) International Launch Services (ILS)
will launch a US Air Force communications satellite on an Atlas V rocket as its
first government mission under the Evolved Expendable Launch Vehicle (EELV)
program.
The mission is the launch of Wideband Gapfiller
Satellite #2 (WGS-2), scheduled for no earlier than December 2004 from Cape
Canaveral Air Force Station, Florida. This is the first of seven Atlas V
launches awarded to ILS by the Air Force under the EELV program. The Air Force
authorised ILS this month to begin work to integrate the Atlas V vehicle with
the spacecraft.
The Atlas V is produced by Lockheed Martin Space
Systems Co, the latest generation in a long line of reliable rockets. It was
developed both to meet Air Force EELV requirements and for ILS commercial
missions. Atlas V's successful first flight was last August 21 with a
commercial payload. The Atlas family of II, III and V series rockets has a
record of 63 consecutive successful launches.
The Wideband Gapfiller
Satellites are designed to augment defence communications services currently
provided by the Defense Satellite Communications System (DSCS) and the Global
Broadcasting Service (GBS), as well as provide a new high-capacity two-way Ka
band service in support of the USA's deployed forces.
WildBlue Communications Chooses Arianespace
(15 February 2003)
Arianespace has signed a launch contract with US operator WildBlue
Communications Inc, which follows the resumption of the WildBlue program.
The WildBlue 1 satellite is schedule to be launched by
Ariane from the Guiana Space Center in early 2005.
WildBlue 1 is one
of the first fully dedicated Ka band satellites to offer consumer high-speed
Internet service.
WildBlue Communications Inc - which will be owned by
Intelsat, Liberty Media and NRTC - will provide broadband service to rural and
remote areas in the United States.
Built by Space Systems/Loral the
WildBlue 1 satellite is to weigh approximately 4,735 kg at launch.
Globalstar Debtor-in-Possession Financing Approved
(21 February 2003)
Globalstar LP's debtor-in-possession (DIP) financing motion, filed last week
with the US Bankruptcy Court in Delaware, was granted on an interim basis by
the court on February 20. The court also granted the company's motion to
establish a process for soliciting and evaluating final investment proposals
from potential outside investors.
Under the terms of the
agreement, the consortium of five lenders will make a total of US$ 10 million
available to Globalstar, giving the company necessary working capital while it
moves toward a final restructuring plan that would allow it to emerge from
Chapter 11 protection later this year. The five lenders providing the DIP
financing are: Blue River Capital LLC; Columbia Ventures Corporation; ICO
Investment Corp; Iridium Investors, LLC; and Loeb Partners Corp. Three of the
lenders are members of the Official Committee of Unsecured Creditors of
Globalstar.
Blue River Capital LLC is an investment company based in
New York, NY. Columbia Ventures Corporation is an international investment
company, based in Vancouver, WA, with interests in aluminium smelting and
recycling. ICO Investment Corp is a subsidiary of ICO Global Communications
(Holdings) Limited, a global telecommunications company. Iridium Investments
LLC is a private investment company that represents some of the current
investors in Iridium Satellite LLC, another mobile satellite service company.
Loeb Partners Corp is a member of a family of privately owned financial service
companies, based in New York, NY.
Under the order, the Court
authorised Globalstar to borrow up to US$ 4 million on an interim basis, with a
final hearing to consider the entire US$ 10 million DIP facility on March
6.
As part of the approved bidding procedures, investors must qualify
by March 7, with investment proposals due to be submitted by March 21. The
company expects to announce its selection of the winning bidder on or about
April 2 and to seek court approval of its selection on April 9.
Loral to Seek Shareholder Approval of Reverse Stock Split
(19 February 2003)
Loral Space & Communications is to seek shareholder approval to implement a
reverse stock split at its annual meeting on May 29, 2003, in order to, among
other things, restore the company's compliance with New York Stock Exchange
share price requirements. Loral meets all other criteria for continued listing
on the Exchange, including having a market capitalisation well in excess of the
minimum required.
The reverse stock split ratio of new
shares to existing shares will be established and detailed in a proxy statement
to be mailed to shareholders several weeks before the annual meeting. The date
for determining shareholders of record entitled to receive notice of, and to
vote at, the annual meeting is April 1, 2003. The reverse stock split
transaction will be promptly enacted upon shareholder approval.
As of
January 31, 2003, there were 430,798,402 million shares of Loral Space &
Communications common shares outstanding. Loral's average daily trading volume
in January was 2.3 million shares.
SoundWorks International Acquires White Springs Media
(18 February 2003)
SoundWorks International Inc has acquired White Springs Media Inc., a company
formed to own and operate an existing earth station satellite up-link facility
located in White Springs, Florida.
The Company intends
to complete a total video, audio and data build-out of the earth station
facility in Phase I of its operations. In Phase II, the Company intends to
acquire a representative group of radio stations and in Phase III to acquire a
representative group of television stations.
The Company intends to
raise a total of US$ 1,500,000 within 90 days after acquisition to complete its
video, audio and data build-out of the earth station facility. Subsequent to
completing its build-out, the Company intends to raise additional funds to
acquire a representative group of radio stations and thereafter in Phase III a
representative group of television stations.
White Springs Media Inc
is a newly formed media company created by experienced and highly respected
professionals, both from within and without the media industry. The heart of
the Company's management team consists of successful senior executives from all
areas of the media industry, specifically including satellite up-link facility
management, media acquisition expertise, station and network management,
advertising and sales, programming creation, production and distribution, and
all phases of satellite up-link and earth station operations.
The new
officers and directors of SoundWorks International Inc are: Victor Ives,
Chairman and Director; Gerald B Dennon, President and Director; Bob Laman,
Corporate Secretary and Director; and Robert L Wikstrom, Treasurer and
Director.
The Company's mission is to establish a multi-media company
to vertically integrate company owned and/or controlled audio and video content
with a delivery system comprised of an FCC licensed satellite earth station
up-link with access to all of the satellites covering North America and those
over the Atlantic providing service to Western Europe, therefore being capable
of reaching virtually every radio station, television station, cable system and
satellite network in the USA and Western Europe.
Intelsat Broadband Service Expands to Mexico
(20 February 2003) The Intelsat Broadband
Service has expanded into Mexico offering satellite delivered, high-speed,
high-quality Internet. Globalsat, a Mexican service provider, is the first in
the country to offer the Intelsat Broadband Service.
Globalsat is offering the service to businesses via Intelsat's 706 satellite at
307º E. In addition, Globalsat is using the Gilat 360E platform, a proven
technology that supports broadband applications world-wide. With the Intelsat
Broadband Service, Globalsat will be able to provide Internet backbone
connectivity to the entire country and provide access to businesses located
throughout Mexico that have not yet had the opportunity to connect into a
reliable network to access the Internet.
Intelsat Broadband Service
provides direct "always on" Internet access via satellite that is up to 10
times faster than dial-up, and supports e-mail, web browsing, e-commerce,
e-learning and other applications. It is offered to service providers on a
wholesale basis, and is then distributed through in-country and regional
service providers to end-users, including small-office-home-office users
(SOHOs), small- and medium-sized enterprises (SMEs), corporations, institutions
and organisations. In addition to Mexico, the service is now available in the
Andean region and Europe.
SpaceDev Names New Chief Financial Officer
(19 February 2003)
SpaceDev has announced that Richard B Slansky has joined the Company as its
chief financial officer and corporate secretary.
Slansky
brings two decades of experience as a chief financial officer to SpaceDev, with
a track record of proven success in financial management, operations, human
resources and information technology at emerging growth, high-tech
companies.
In his role as chief financial officer, Slansky will assume
responsibility for SpaceDev's financial management including SEC reporting,
strategic financial planning, investor relations, accounting management,
banking relationships and cash flow management.
Slansky holds a
bachelor's degree in economics from the Wharton School at the University of
Pennsylvania and a master's degree in business administration from the
University of Arizona.