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

To: Beltropolis Boy who wrote (1999)	12/15/1998 10:20:00 AM
From: blake_paterson	Respond to of 2394

Orbital Wins $26 Million Satellite Contract Company to Build Scientific Satellite for University of Colorado December 15, 1998 08:51 AM DULLES, Va., Dec. 15 /PRNewswire/ -- Orbital Sciences Corporation ORB announced today that it has been selected by the University of Colorado at Boulder for a $26 million contract to develop and build the Solar- Stellar InterComparison Experiment/Solar Atmospheric Variability Explorer (SOLSTICE/SAVE) satellite. The five-year SOLSTICE/SAVE mission will measure solar and stellar irradiance variations and investigate their effects on the Earth's climate. The scientific mission is being conducted under the direction of Principal Investigator Dr. Gary Rottman of the University of Colorado's Laboratory for Atmospheric and Space Physics. It is also part of the National Aeronautics and Space Administration's (NASA) ongoing Earth Observation System (EOS) program, for which Orbital is already building another NASA satellite known as ACRIMSAT. The design, manufacturing and test processes for the SOLSTICE/SAVE satellite are planned to be completed in 2002. The satellite is scheduled to be launched aboard Orbital's Pegasus rocket, although a launch contract has not yet been awarded to the company. "We are delighted that we were selected to build the SOLSTICE/SAVE spacecraft, which will use many of the same advanced technologies that we are currently employing for the OrbView-4 high-resolution imaging satellite we are building for ORBIMAGE," said Mr. Robert R. Lovell, Orbital's Executive Vice President and General Manager of its Space Systems Group. Orbital's Space Systems Group is one of the world's leading manufacturers of advanced small- and medium-class satellites, specializing in lightweight, cost-effective space systems. The company designs and builds satellites for virtually every type of commercial and government space application. Orbital's satellites are used in a wide variety of missions, such as for the ORBCOMM 28-satellite data communications network, the world's second- largest commercial satellite system, as well as for scientific missions under NASA's Small and Mid-class Explorer programs, for commercial Earth imaging missions, such as ORBIMAGE's family of satellites and Canada's Radarsat-2 program, and for direct-to-home television broadcast systems that use larger, geosynchronous orbit satellites for international commercial customers, such as Japan's Broadcasting Satellite System Corporation. Orbital is one of the largest space and information systems companies in the world, with 1998 revenues of approximately $750 million. The company, which is headquartered in Dulles, Virginia, employs 4,200 people at its major facilities in nine states and several international locations. Orbital is the world's leading manufacturer of low-cost space systems and products, including satellites, launch vehicles, electronics and sensors, satellite ground systems and software, and satellite-based navigation and communications products. Through its ORBCOMM and ORBIMAGE affiliates, Orbital is also a pioneering operator of satellite networks that provide data communications and high- resolution imagery services to customers all around the world.

To: Beltropolis Boy who wrote (1999)	12/15/1998 10:23:00 AM
From: blake_paterson	Read Replies (1) \| Respond to of 2394

Orbital's Magellan names CEO December 14, 1998 05:54 PM SANTA CLARA, Calif, Dec 14 (Reuters) - Magellan Corp. , a unit of Orbital Sciences Corp, said Magellan senior vice president and chief financial officer John Huyett was named president and chief executive officer of the satellite access technology company, effective Jan. 1, 1999. Huyett succeeds Charles Boesenberg who is leaving the company to assume the President/CEO position at a Sunnyvale, a CA-based software company. REUTERS