Arianespace reports narrow profit
Posted: Fri, Apr 10, 2009, 7:25 AM ET (1125 GMT)
Commercial launch provider Arianespace reported this week a small profit in 2008. The French company reported a profit of €2.5 million (US$3.3 million) on sales of €955.7 million (US$1.26 billion). Revenues were up 3.5 percent compared to 2007 despite performing the same number of Ariane 5 launches, six, because one of those launches was of ESA's ATV cargo spacecraft to the ISS, a mission that generated more revenue than a typical commercial launch. The company is planning seven Ariane 5 launches in 2009 as well as the first Soyuz launch from a new launch facility in Kourou, French Guiana.
Commercial launch provider Arianespace reported this week a small profit in 2008. The French company reported a profit of €2.5 million (US$3.3 million) on sales of €955.7 million (US$1.26 billion). Revenues were up 3.5 percent compared to 2007 despite performing the same number of Ariane 5 launches, six, because one of those launches was of ESA's ATV cargo spacecraft to the ISS, a mission that generated more revenue than a typical commercial launch. The company is planning seven Ariane 5 launches in 2009 as well as the first Soyuz launch from a new launch facility in Kourou, French Guiana. | <<previous article | next article>> |
|
news in brief
|
|
NASA IG cites overconfidence and unrealistic schedules for Starliner woes
Posted: Sat, Jul 4 8:11 PM ET (0011 GMT) |
|
news links
|
|
Thursday, July 9
Blue Origin Nears a Big Fund-Raising Round
New York Times — 4:11 am ET (0811 GMT) Bezos’ Blue Origin valued at $130 billion in first outside fundraising round
CNBC — 4:11 am ET (0811 GMT) Blue Origin reportedly raising $10B at $130B valuation
TechCrunch — 4:10 am ET (0810 GMT) Jeff Bezos' Blue Origin is raising $10 billion. Read the memo.
Business Insider — 4:09 am ET (0809 GMT) NASA should remember how it helped SpaceX become what it is today
The Hill — 4:07 am ET (0807 GMT) |
