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China Great Wall Industry Agrees To Buy 20 Rockets, 8 Satellites

File image.
by Staff Writers
Zhuhai, China (XNA) Nov 17, 2010
China Great Wall Industry Corporation (CGWIC) agreed Tuesday to buy 20 rockets and eight telecommunications satellites from two Chinese technological institutes Tuesday.

CGWIC, China's only satellite launcher for overseas customers and its sole satellite exporter, will buy 20 Long March-3A rockets and related services from the China Academy of Launch Vehicle Technology (CALT) over the next five years.

CGWIC also signed a deal with China Academy of Space Technology (CAST) to purchase eight telecommunications satellites including Dongfanghong-4 satellites over the same period.

The two contracts, valued at 15 billion yuan (2.26 billion U.S. dollars), were signed at the eighth China International Aviation and Aerospace Exhibition, also known as Airshow China, which began Tuesday in Zhuhai in south China's Guangdong Province.

CGWIC, CALT and CAST are all subsidiaries of China Aerospace Science and Technology Corporation (CASC).



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SPACEMART
ISRO To Send Up New Communication Satellite In 2010
Chennai, India (IANS) Nov 12, 2010
The Indian Space Research Organisation (ISRO) is expected to close 2010 with the launch of communication satellite GSAT-5P, which will replace the ageing INSAT 2E to ensure continuity of service for telecom and television channel customers. ISRO is also likely to open the New Year with the launch of Resourcesat-2, an earth observation satellite. First to escape the earth's gravity so ... read more







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