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Russia In Talks To Build 12 Spacecraft For NASA And ESA

A progress class craft processing facility.
by Staff Writers
Moscow (RIA Novosti) Jan 15, 2007
Russian spacecraft manufacturer Energia is in talks with NASA and ESA on contracts to build 12 rocket carriers for the U.S. and European space agencies, the head of the corporation said Thursday. "In late 2006, NASA signed a contract with research and production association Energia [the corporation's subsidiary] on the production of two Progress spacecraft, which are to be launched in 2007 and 2008," Nikolai Sevastyanov said. "Talks to build six Soyuz and six Progress craft in 2009, 2010, and 2011 to launch American and European astronauts into space are ongoing."

Sevastyanov, who is also Energia's chief designer, said the corporation planned to double Soyuz and Progress launches by 2009, when the crew of the International Space Station increases to six from the current three members.

"We plan to launch four Soyuz and seven Progress spacecraft annually, compared to two Soyuz and four Progress craft launched annually now," he said.

Sevastyanov said the corporation would launch another 26 spacecraft by 2009 - 12 as part of a state order and 14 under commercial projects.

Source: RIA Novosti

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Intelsat Announces Proposed Redemption Of Floating Rate Senior Notes Due 2012
Pembroke, Bermuda (SPX) Jan 11, 2007
Intelsat has announced that Intelsat Subsidiary Holding Company intends to redeem all of its outstanding $1.0 billion Floating Rate Senior Notes due 2012 (the "Notes"). Intelsat Subsidiary Holding Company, Ltd. has issued a notice of redemption pursuant to the indenture for the Notes stating that it intends to redeem all of the Notes on 2 February 2007 (the "Redemption Date") at a redemption price equal to 101% of the principal amount of the Notes plus accrued and unpaid interest thereon to the Redemption Date (together, the "Redemption Payment").

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