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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Adrenaline who wrote (4101)	8/3/1998 9:11:00 AM
From: Valueman	Read Replies (1) \| Respond to of 10852

Matra Marconi's Orion 2 has been recycled: Eutelsat has signed a contract with Matra Marconi Space for a new satellite, RESSAT, to guarantee service continuity in the event of a launch failure of one of its W series spacecraft, the first of which (actually W2) will be launched on an Ariane 4 in October (it was to have flown on Ariane 503). W1 was damaged by a fire at Aerospatiale in June. RESSAT will be delivered in December. The order took advantage of the fact that MMS had a spare spacecraft bus available to offer a customer a "good deal". This was the original Orion 2 satellite which was not needed because the Orion 2 will now be supplied by Space Systems Loral, which merged with the Orion company.