Lockheed Martin reports increased space sales in 2002
Posted: Mon, Jan 27 11:41 PM ET (0441 GMT)
Lockheed Martin's space systems unit reported increased sales and profits in 2002 over 2001, the company announced last week. The Space Systems unit reported...

New UK space policy emphasizes scientific, commercial use of space
Posted: Sun, Jan 26 7:04 PM ET (0004 GMT)
The British government issued a new space policy last week that called for increased scientific and commercial uses of space and also rejected a more...

Companies back off from plans to acquire Eutelsat
Posted: Sun, Jan 26 6:37 PM ET (2337 GMT)
US-based satellite communications companies Intelsat and PanAmSat have reportedly backed off from plans to acquire European operator Eutelsat, with one of the suitors blaming...

Pegasus launches SORCE
Updated: Sat, Jan 25 8:08 PM ET (0108 GMT)
Originally Posted: Sat, Jan 25 4:39 PM ET (2139 GMT)
A Pegasus XL launch vehicle successfully placed a NASA science satellite into low Earth orbit Saturday afternoon. The Pegasus XL was dropped from its L-...

O'Keefe confirms increased investment in nuclear power
Posted: Sat, Jan 25 12:20 PM ET (1720 GMT)
NASA administrator Sean O'Keefe told employees on Friday that agency does plan to accelerate development of space nuclear power and propulsion, but that there...

Space Imaging CEO resigns as Lockheed, Raytheon write off investments
Posted: Sat, Jan 25 12:10 PM ET (1710 GMT)
John Copple, the CEO of commercial remote sensing firm Space Imaging, resigned on Friday, the same day that two corporate backers wrote off their investments...

Orbital wins government launch contracts
Posted: Fri, Jan 24 8:28 AM ET (1328 GMT)
Orbital Sciences Corporation announced Thursday that it has won contracts for four NASA and military launches worth a total of $60 million. Orbital said it...

Liberty Satellite plans to take over Astrolink
Posted: Fri, Jan 24 8:19 AM ET (1319 GMT)
Liberty Satellite and Technology, a company owned by media company Liberty Media, announced Thursday that it has reached an agreement to acquire satellite broadband company...

Orbimage reaches bankruptcy deal to permit satellite launch
Posted: Thu, Jan 23 10:19 AM ET (1519 GMT)
Satellite remote sensing company Orbital Imaging Corporation (Orbimage) announced Wednesday that it has reached a tentative agreement with its creditors, including Orbital Sciences Corporation, that...

Shuttle mission continues despite cooling glitch
Posted: Thu, Jan 23 7:43 AM ET (1243 GMT)
The crew of the space shuttle Columbia is continuing work on a wide variety of science experiments despite a problem in a cooling system that...