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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: Volsi Mimir who wrote (1219)	3/12/1998 8:47:00 AM
From: Lee Penick	Respond to of 2394

Eddy, Forcing hot gas out of an orifice to cause propulsion and noise, I won't touch that one.

To: Volsi Mimir who wrote (1219)	3/12/1998 12:42:00 PM
From: Mohan Marette	Respond to of 2394

Eddy did you know??? ellipso.com

To: Volsi Mimir who wrote (1219)	3/12/1998 1:10:00 PM
From: Mohan Marette	Respond to of 2394

Eddy: Forgot to tell you about the relationship Orbi has with Ellipso.Here is some old news but this should keep you uptodate on the subject,in case you didn't know about it. ---------------------------------------------------------- Source: Ellipso ORBITAL NAMED ELLIPSOTM SATELLITE PRIME CONTRACTOR WASHINGTON, DC, August 5, 1997--Mobile Communications Holdings, Inc. (MCHI) has selected Orbital Sciences Corporation, Dulles, Va., as the prime contractor responsible for the design, development, construction and integration of satellites for the EllipsoTM worldwide mobile communications system. As part of a multifaceted transaction that includes a substantial equity investment, Orbital will design, develop, construct and test the first-generation of Ellipso satellites. Orbital also will act as the Ellipso space-segment prime contractor, with Spectrum Astro Inc. supplying the spacecraft power subsystems, Israel Aircraft Industries providing the attitude control subsystems, and Harris Corporation providing the satellites' primary communications payloads. Total contract value, which includes satellite manufacturing, as well as possible roles for Orbital in launch services and terminal handset manufacturing, could exceed $400 million. Ellipso, a licensed Big LEO satellite system, will provide low-cost telephony using a constellation of 17 satellites in innovative highly inclined and equatorial elliptical orbits. The resulting worldwide communications network will enable users to receive and transmit high-quality digital voice, fax and positioning data from handheld, vehicle-mounted and fixed-site telecommunications equipment. MCHI is progressing toward an expected launch date in 2000 with initial service later that year. "We are delighted to award this contract to Orbital, which brings various technology and project management capabilities to Ellipso and completes a critical element of the team," said David Castiel, President and Chief Executive Officer of MCHI. "This is the culmination of a long relationship that began with Fairchild Space several years ago." David W. Thompson, Orbital's Chairman and Chief Executive Officer, said: "We are delighted to be an important part of the MCHI team in the Ellipso project. Orbital's historical record of providing innovative and cost-effective space infrastructure systems is an ideal match for MCHI's Ellipso system, the low-cost alternative to other Big LEO systems. We are convinced that Ellipso represents the best technology for satellite-based global mobile telephone service, and that MCHI has assembled an excellent team of industrial suppliers and service providers to quickly bring it into full operations around the world." Orbital Sciences Corporation, Dulles, Va., is a space and information systems company that designs, manufactures, operates and markets a broad range of affordable space infrastructure systems, satellite access products and satellite-provided services, including launch vehicles, satellites, space sensors and electronics, satellite ground systems and software, satellite-based navigation and communications products, and satellite-delivered communications and Earth imaging services. ----------------------------------------------------------------------