Orbital Recovery Ltd. has completed its second round financing
for the ConeXpress Orbital Life Extension Vehicle (CX OLEV),
marking a major program milestone that allows production of the
first "space tug" to begin in early 2005, followed by the initial
operational mission approximately 36 months later.
This week's successful maiden flight of an improved Soyuz
vehicle marked an important milestone in the program to bring this
Russian workhorse vehicle into Arianespace's commercial launcher
family.
Will Help Celebrate At EAA's Wright Brothers Memorial
Banquet
Mike Melvill, who made history this year by becoming the first
civilian to fly a spacecraft into sub-orbital space, will be the
featured guest at this year's Wright Brothers Memorial banquet at
EAA on Friday, Dec. 17. The dinner, which commemorates the
anniversary of man's first successful powered flight, will be held
at the EAA AirVenture Museum in Oshkosh.
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