To: Sawtooth who wrote (16361 ) 10/12/1998 10:30:00 PM From: Ruffian Read Replies (1) | Respond to of 152472
Tim, Is this recent news; Globalstar satellites, rocket burn up as Russian launch fails The Journal Record MOSCOW (AP) -- Twelve U.S. commercial satellites and the rocket that carried them partially burned up in the atmosphere when the Russian-organized launch failed minutes after blastoff Thursday. The Zenit-2 booster was launched by Russia's space agency from the Baikonur cosmodrome, which Russia rents in the former Soviet republic of Kazakstan. The rocket's control system failed in its fifth minute of flight, shutting down the engines. The Ukrainian manufacturer acknowledged it might be responsible, saying it was probably a computer malfunction. Fragments of the rocket and the Globalstar satellites fell in a sparsely populated area in southern Siberia, the Russian Space Agency told the ITAR-Tass news agency. The satellites were built by Space Systems Loral, a subsidiary of [ Loral Space ] and Communications Ltd. of New York. The contract value wasn't announced, but a usual price for such launches is about $30 million, ITAR-Tass said. The Russian Space Agency blamed Yuzhnoye, the Ukrainian government-owned rocket design and production center, for the failure, ITAR-Tass reported. "The launching was considered Ukraine's responsibility; the Russian side exercised only general coordination of the work," space agency spokesman Vyacheslav Mikhailichenko said. The Yuzhnoye press office acknowledged the manufacturer might be at fault. "We definitely exclude a rocket design error, but we can theorize about manufacturing errors," the Interfax news agency quoted the press office as saying. Yuzhnoye officials said the cause most likely was a malfunction in the rocket's computer, which controlled its engines. The computer was produced by an institute in Moscow, Interfax said. Yuzhnoye said upcoming launches should not be affected by Thursday's failure. Five more launches are planned by mid-1999 to put 36 more Globalstar satellites into orbit. Two Zenit-2 rockets will carry 12 satellites each, and the other 12 will be put into orbit by three Russian Soyuz rockets. Thursday's launch was the eighth failure of the two-stage Zenit-2 out of a total of 31. The same rocket is to be used in the Sea Launch international project to carry out commercial launches from ocean platforms. On the Nasdaq Stock Market, shares of Globalstar plunged 40 percent, losing $7.12 1/2 to close at $10.75 per share. Shares of Loral Space dropped $5.06 1/4, or 28 percent, to close at $13. Loral Space was the most heavily traded issue on the New York Stock Exchange, with 21 million shares changing hands. (Copyright 1998) _____via IntellX_____ Publication Date: October 12, 1998 Powered by NewsReal's IndustryWatch ...back to top