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Court approves Loral's agreements with DirecTV and PanAmSat LORAL NEWS RELEASE Posted: October 22, 2003 Loral Space & Communications today announced that the U.S. Bankruptcy Court for the Southern District of New York has authorized Loral subsidiary Space Systems/Loral (SS/L) to execute an existing contract with DIRECTV, Inc., as amended, to complete and deliver the DIRECTV 7S satellite. The court also approved the binding authorizations to proceed (ATPs) issued to SS/L for the construction of two satellites for DIRECTV (DIRECTV 8 and DIRECTV 9S), and one satellite for PanAmSat Corporation (Galaxy 16). PanAmSat also has an option to order an in-orbit spare for one of its existing satellites from SS/L on terms to be agreed upon. The aggregate value of the three new awards is in excess of $320 million. DIRECTV will make advance payments of $25 million on each of its two new satellite orders and PanAmSat will make an advance payment of $25 million on its new satellite order, for a combined non-refundable cash advance of $75 million. SS/L now has received orders for a total of four satellites this year. Also, EchoStar Communications Corporation sought to purchase the nearly complete DIRECTV 7S, a transaction to which Loral was opposed. DIRECTV agreed to increase the total contract value for the construction of DIRECTV 7S by $25 million to approximately $165 million. Space Systems/Loral is a premier designer, manufacturer, and integrator of powerful satellites and satellite systems. SS/L also provides a range of related services that include mission control operations and procurement of launch services. Based in Palo Alto, Calif., the company has an international base of commercial and governmental customers whose applications include broadband digital communications, direct-to-home broadcast, defense communications, environmental monitoring, and air traffic control. SS/L is ISO 9001:2000 certified. For more information, visit www.ssloral.com. Loral Space & Communications is a satellite communications company. Through its Skynet subsidiary, it owns and operates a global fleet of telecommunications satellites used by television and cable networks to broadcast video entertainment programming, and by communication service providers, resellers, corporate and government customers for broadband data transmission, Internet services and other value-added communications services. Loral also is a world-class leader in the design and manufacture of satellites and satellite systems through its Space Systems/Loral subsidiary.
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Gemini 7 Gemini 7: The NASA Mission Reports covers this 14-day mission by Borman and Lovell as they demonstrated some of the more essential facts of space flight. Includes CD-ROM. Choose your store:U.S. - U.K. - E.U. - Worldwide  Apollo patches  The Apollo Patch Collection: Includes all 12 Apollo mission patches plus the Apollo Program Patch. Save over 20% off the Individual price. Choose your store:U.S. - U.K. - E.U. - Worldwide Mars Rover mission patch  A mission patch featuring NASA's Mars Exploration Rover is available from our online.Choose your store:U.S. - U.K. - E.U. - Worldwide Apollo 9 DVD  On the road to the moon, the mission of Apollo 9 stands as an important gateway in experience and procedures. This 2-DVD collection presents the crucial mission on the voyage to the moon.Choose your store:U.S. - U.K. - E.U. - Worldwide Final Shuttle Mission Patch Free shipping to U.S. addresses!  The crew emblem for the final space shuttle mission is now available in our store. Get this piece of history!U.S. STOREWORLDWIDE STORESTS-134 Patch Free shipping to U.S. addresses!  The final planned flight of space shuttle Endeavour is symbolized in the official embroidered crew patch for STS-134. Available in our store!U.S. STOREWORLDWIDE STOREAres 1-X Patch  The official embroidered patch for the Ares 1-X rocket test flight, is available for purchase.U.S. STOREWORLDWIDE STOREApollo Collage  This beautiful one piece set features the Apollo program emblem surrounded by the individual mission logos.U.S. STOREWORLDWIDE STOREProject Orion  The Orion crew exploration vehicle is NASA's first new human spacecraft developed since the space shuttle a quarter-century earlier. The capsule is one of the key elements of returning astronauts to the Moon.U.S. STOREFallen Heroes Patch Collection  The official patches from Apollo 1, the shuttle Challenger and Columbia crews are available in the store.U.S. STOREWORLDWIDE STORESoviet Space  For the first time ever available in the West. Rocket & Space Corporation Energia: a complete pictorial history of the Soviet/Russian Space Program from 1946 to the present day all in full color. Available from our store.Choose your store:U.S. - U.K. - E.U. - Worldwide Viking patch  This embroidered mission patch celebrates NASA's Viking Project which reached the Red Planet in 1976.Choose your store:U.S. - U.K. - E.U. - Worldwide Apollo 7 DVD  For 11 days the crew of Apollo 7 fought colds while they put the Apollo spacecraft through a workout, establishing confidence in the machine what would lead directly to the bold decision to send Apollo 8 to the moon just 2 months later.Choose your store:U.S. - U.K. - E.U. - Worldwide Gemini 12  Gemini 12: The NASA Mission Reports covers the voyage of James Lovell and Buzz Aldrin that capped the Gemini program's efforts to prove the technologies and techniques that would be needed for the Apollo Moon landings. Includes CD-ROM.Choose your store:U.S. - U.K. - E.U. - Worldwide Get e-mail updates Sign up for our NewsAlert service and have the latest news in astronomy and space e-mailed direct to your desktop (privacy note: your e-mail address will not be used for any other purpose).
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