ILS, Hellas-Sat Sign Contract for 2003 Launch; Another Order for Atlas V.Business Editors/Hi-Tech Writers
MCLEAN, Va.--(BUSINESS WIRE)--Nov. 8, 2002
International Launch Services International Launch Services (or ILS) was formed in 1995 as a private spaceflight partnership between the United States defense contractor Lockheed Martin (LM) (LM sold their part later) and the Russian firms Khrunichev State Research and Production Space Center and RSC (ILS ILS
In currencies, this is the abbreviation for the Israeli Shekel.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) and Hellas-Sat, a Greek-Cypriot consortium, have signed a contract to launch the Hellas-Sat satellite on an Atlas V rocket early next year.
Financial terms were not disclosed.
The contract follows the successful inaugural launch of the Lockheed Martin-built (NYSE NYSE
See: New York Stock Exchange :LMT LMT left mentotransverse (position of fetus). ) Atlas V from Cape Canaveral, Fla., in August. All Atlas variants boast first-flight success. The Atlas family of launch vehicles has a record of 62 consecutive successful flights spanning nine years.
ILS is a joint venture of Lockheed Martin Corp. in the United States, with Russian companies Khrunichev State Research and Production Space Center Khrunichev State Research and Production Space Center (ГКНПЦ им. М. В. Хруничева in Russian) is a Moscow-based producer of space-launch systems. and RSC RSC Royal Society of Chemistry (UK)
RSC Royal Shakespeare Company
RSC Responsabilidad Social Corporativa (Spanish: corporate social responsibility)
RSC Royal Society of Canada Energia. ILS provides launch services on the Atlas and the Russian Proton vehicles to customers worldwide. The company is based in McLean, Va., near Washington, D.C.
"We are very pleased that Hellas-Sat, as a first-time customer, has placed its confidence in ILS and Atlas to launch this important communications payload - the first domestic satellite for Greece and Cyprus," said ILS President Mark Albrecht. "We look forward to delivering a successful and timely launch to assist Hellas-Sat in commencing its business."
Hellas-Sat Consotium Ltd., based in Nicosia, Cyprus, plans to offer voice, internet, video and broadcast services to European and Balkan markets. With the launch set for the first quarter of 2003, the satellite will be in service well before the Summer Olympics in Athens in 2004.
The satellite is a Eurostar E2000+ model built by Astrium, a pan-European joint venture of European Aeronautical Defence & Space Co. and BAE Systems.
The signing of this contract ensures the success of the whole project and secures the prompt delivery of the satellite in orbit, Hellas-Sat officials said.
The Atlas V family is designed to lift payloads up to nearly 8700 kg to geosynchronous transfer orbit (GTO). It was developed both for ILS commercial missions and to meet the U.S. Air Force requirements for the Evolved Expendable Launch Vehicle The Evolved Expendable Launch Vehicle (EELV) program was a United States government, primarily a Department of Defense–sponsored effort to develop at least one family of space launch vehicles, that would meet the long term needs of the military and fulfill commercial (EELV EELV Evolved Expendable Launch Vehicle
EELV End-Expiratory Lung Volume
EELV Extended Expendable Launch Vehicle ).
The Atlas V incorporates state-of-the-art designs, materials and processes, including the throttleable, Russian-built RD-180 engine, the first variable-thrust main engine to power a U.S. expendable launch vehicle.
ILS offers the broadest range of launch services in the world along with products with the highest reliability in the industry. ILS' Atlas rockets and their Centaur upper stages are built by Lockheed Martin Space Systems Lockheed Martin Space Systems is one of the 4 major business divisions of Lockheed Martin. It is headquartered in Denver, Colorado.
From a rich history of major companies Lockheed Martin has brought them together to offer design, integration, and production of:
The three-stage Proton and the available Breeze M upper stage are produced by Khrunichev at its factory near Moscow. The alternative Block DM upper stage is built by Energia, also near Moscow.
For more information, visit www.ilslaunch.com.