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Business briefs: July 30
Posted: Wed, Jul 31, 2002, 8:02 AM ET (1202 GMT)
  • Standard and Poors announced Tuesday that it has cut its rating on Orbital Sciences Corporation because of debt concerns. S&P lowered its credit rating on Orbital from B to CCC+, citing $100 million in debt with payment due in October. "Liquidity is likely adequate for day-to-day operations, but is not sufficient to make the debt payment in October," S&P noted in a release. It also lowered the rating on the debt itself from CCC+ to CCC-.
  • The launch of a European communications satellite on a Proton has been delayed to November, Space News reported Tuesday. Astra 1-K, an Alcatel Spacebus 3000 spacecraft, was to be launched in August on a Proton from Baikonur. Additional tests of several unspecified satellite components were blamed for the delay.
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news in brief
Rocket Lab maintains 2025 target for first Neutron launch
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Posted: Sat, Mar 1 11:23 AM ET (1623 GMT)

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news links
Friday, March 14
Calls Swell For The U.S. To Invest In Space Superiority
Aviation Week — 4:23 am ET (0823 GMT)
Autonomy Has Outpaced International Space Law
War on the Rocks — 4:20 am ET (0820 GMT)
Sonic boom expected from SpaceX's second launch this week from Vandenberg SFB
KSBY-TV San Luis Obispo, CA — 4:20 am ET (0820 GMT)


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