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Business briefs: August 28
Posted: Thu, Aug 29, 2002, 7:44 AM ET (1144 GMT)
- SPACEHAB reported a $2.4 million loss in the 2002 fiscal year on Wednesday, a significant improvement over 2001. The company had revenue of $102.8 million for the fiscal year, which ended on June 30, down from $105.3 million in 2001; however, the company had a $12.8 million loss in 2001. Two-thirds of SPACEHAB's 2002 loss comes from its Space Media Inc. subsidiary, which operates an online store and education program.
- The Canadian Space Agency is preparing to sell half of its research space on the International Space Station, The Globe and Mail reported this week. The CSA plans a study to determine who would be interesting in purchasing up to four of Canada's eight research lockers and a research rack on the station. The proposal is seen as a "baby step" towards ISS commercialization, according to one former CSA official.
- MirCorp claimed Wednesday that a zero-g airplane flight potential space tourist Lance Bass took last week was a "deceptive marketing ploy" by rival Space Adventures. MirCorp said that pictures of Bass from the flight released by Space Adventures were taken without his knowledge or permission. MirCorp announced that it would take "appropriate actions" in the near future to stop what it called "business interference", but provided no other details about what those actions would be.
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