| May 18, 2009 |  |
space applications today |
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An Entrepreneur's Dream - Space Debris
Bethesda MD (SPX) May 18, 2009Entrepreneurs can smell an opportunity to make money. Some have a sixth sense and others have to work at it. But, all have something in common; they want to turn an idea into a profit. Many potential opportunities are connected to a negative event. Such events often create an imperative to correct a situation. Today, we are on the threshold of an event that may prove to be devastating to ... more Wisconsin Student 'Rocketeers' Win National Rocketry Challenge 
The Plains VA (SPX) May 18, 2009A team from Madison, Wi., took first place at the Seventh Annual Team America Rocketry Challenge (TARC) Saturday, taking on the title of national champion. The four-member team won the rocket competition after spending months perfecting their rocket design. The Team America Rocketry Challenge kicked off last September with hundreds of teams from 45 states and the District of Columbia vying ... more Russia Glonass System To Get Full State Support 
Mosow (RIA Novosti) May 15, 2009Russia will not cut funding for its Glonass satellite navigation program despite the current economic crisis, a deputy prime minister said on Tuesday. Glonass - the Global Navigation Satellite System - is the Russian equivalent of the U.S. Global Positioning System, or GPS, and is designed for both military and civilian use. Both systems allow users to determine their positions to within a ... more ILS Proton Launches Indostar II/Protostar II Satellite 
Baikonur Cosmodrome, Kazakhstan (SPX) May 18, 2009International Launch Services (ILS) carried the Indostar II/Protostar II satellite into orbit, marking the second commercial mission of the year for International Launch Services (ILS) and the fourth successful Proton launch of 2009. The May 16th launch comes on the heels of the milestone 50th ILS Proton launch on April 3rd. The Indostar II/Protostar II satellite was launched for Protostar ... more DBSD North America Files Pre-Negotiated Plan To Restructure Debt 
Reston VA (SPX) May 18, 2009DBSD North America, formerly known as ICO North America, has announced that it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York in order to complete a restructuring of its $750 million of convertible notes which are due in August 2009 (the "Notes"). The Company and ICO Global have entered into ... more |
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Bethpage NY (SPX) May 18, 2009In the blue skies over St. Augustine, Fla., Northrop Grumman's E-2D Advanced Hawkeye System Development and Demonstration program aircraft recently reached its 1,000th hour of flight testing. The aircraft, currently in flight testing at Northrop Grumman's East Coast Manufacturing and Flight Test Center, continues to successfully meet, or exceed, all major program and performance milestones. ... more Analysis: China reveals new smart weapons 
Hong Kong (UPI) May 15, 2009 At the most recent Zhuhai Air Show, China put on open display its FT-5 Global Positioning System-guided bomb. The FT-1 and FT-3 500/250-kilogram-class, or 1,100/550-pound-class, GPS-guided bombs were on display at the previous show in 2006. China also showed off its 500-kilogram-class FT-2 with gliding fins added. The FT-2 has an effective range of 15 to 90 kilometers, a circular error probabi ... more ATK Executes Successful AARGM Firing 
Minneapolis MN (SPX) May 18, 2009Alliant Techsystems, the U.S. Navy, and the Italian Air Force successfully fired an AGM-88E Advanced Anti-Radiation Guided Missile (AARGM) at Naval Air Weapons Station China Lake on April 13, 2009. The firing marks the fifth consecutive successful AARGM live fire in the program's System Development and Demonstration (SD and D) phase and continues AARGM's progression toward Independent Oper ... more US military sharing drone data with Pakistan: admiral 
Washington (AFP) May 14, 2009The United States has taken the unprecedented step of sharing with Islamabad surveillance data collected by drones flying over Pakistan, the top US military officer said Thursday. Admiral Mike Mullen, chairman of the Joint Chiefs of Staff, confirmed at a Senate hearing that Pakistan had requested surveillance support missions by US unmanned aircraft. "In terms of support and information, ... more |
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Shanghai (AFP) May 15, 2009China's fiscal revenue weakened sharply in April, and the outlook for the rest of the year is grim with rising public spending and falling income, the finance ministry said. In April, government fiscal income fell 13.6 percent from a year earlier to 589.7 billion yuan (86.3 billion dollars), accelerating downwards from March's 0.3 percent fall, the ministry said in a statement on its website ... more China to focus on energy efficiency post-Kyoto: state media 
Beijing (AFP) May 15, 2009China may pledge to improve its energy efficiency by a wide margin in the post-Kyoto years rather than commit to direct cuts in greenhouse gas emissions, state media said Friday. This will be the energy-guzzling Asian giant's main contribution to world efforts to curb greenhouse gases from 2013 to 2020 under a new pact currently being negotiated to replace the Kyoto Protocol, the China Daily ... more China electricity use down in April: report 
Shanghai (AFP) May 17, 2009China's electricity consumption fell 3.6 percent year on year in April, a larger drop than in March, the latest sign an economic recovery has yet to take hold, state media reported Sunday. The industrial sector consumes about 70 percent of the power in China, according to the report by the official Xinhua news agency, and the decline is inconsistent with data indicating industrial activity ... more Hong Kong economy shrinks 7.8 percent in Q1 
Hong Kong (AFP) May 15, 2009Hong Kong said Friday it now expects the local economy to contract more this year than earlier forecast, after gross domestic product tumbled at its fastest rate in a decade in the first quarter. GDP in the January-March period plunged 7.8 percent from a year earlier, worse than the previous quarter's 2.6 percent contraction. It was the biggest year-on-year decline since the third quart ... more
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