[FPSPACE] The second KT-1 launch
Chen Lan
chenlan@mbox2.singnet.com.sg
Mon, 22 Sep 2003 20:05:00 +0800
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Further information about the KT-1 launch:
- It is confirmed that payload of this KT-1 launch is the 40-kg PS2 =
microsat. The target orbit is 300kmx300km polar orbit.
- The PS2 launch service contract was signed on July 29 between =
Aerospace Solid Launch Vehicle Corp.(ASLVC) and Harbin Fenghua-Aerospace =
Hi-Tech CO.LTD, a Shenzhen listed company (stock code 0901). Beijing =
Launch System Technologies, a subsidiary of Harbin Fenghua, provided =
KT-1 launch service at RMB485 million (USD 5.8 million). ASLVC is the =
customer of this R&D launch but is also the developer of the launch =
vehicle, while the latter acts as the launch service provider. China =
Aerospace Science and Industry Corp.(CASIC) are major shareholder of =
both companies. ASLV has also shares in Harbin Fenghua.
- KT-1 is developed purely by CASIC funding, without any government =
investment. Last year's failure has already put the project in difficult =
situation.
Information source (public releases of the listed company):=20
http://stock.szptt.net.cn/info/comInfo/TitleCont.phtml?subid=3D6&seq=3D21=
9399 (EGM resolution)
http://stock.szptt.net.cn/info/comInfo/TitleCont.phtml?subid=3D6&seq=3D21=
5326 (trade announcement)
Chen Lan
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=3D=20
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<DIV><FONT face=3DArial size=3D2>Further information about the KT-1=20
launch:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>- It is confirmed that payload of =
this KT-1=20
launch is the 40-kg PS2 microsat. The target orbit is 300kmx300km polar=20
orbit.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>- The PS2 launch service contract =
was signed=20
on July 29 between Aerospace Solid Launch Vehicle Corp.(ASLVC)=20
and Harbin Fenghua-Aerospace Hi-Tech CO.LTD, a Shenzhen listed =
company=20
(stock code 0901). Beijing Launch System Technologies, a subsidiary of =
Harbin=20
Fenghua, provided KT-1 launch service at RMB485 million (USD 5.8 =
million).=20
ASLVC is the customer of this R&D launch but is also the developer =
of=20
the launch vehicle, while the latter acts as the launch =
service=20
provider. China Aerospace Science and Industry Corp.(CASIC) are major=20
shareholder of both companies. ASLV has also shares in Harbin=20
Fenghua.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>- KT-1 is developed purely by CASIC =
funding,=20
without any government investment. Last year's failure has =
already put the=20
project in difficult situation.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Information source (public releases of =
the listed=20
company): </FONT></DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://stock.szptt.net.cn/info/comInfo/TitleCont.phtml?subid=3D6&=
amp;seq=3D219399">http://stock.szptt.net.cn/info/comInfo/TitleCont.phtml?=
subid=3D6&seq=3D219399</A> (EGM=20
resolution)</FONT></DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://stock.szptt.net.cn/info/comInfo/TitleCont.phtml?subid=3D6&=
amp;seq=3D215326">http://stock.szptt.net.cn/info/comInfo/TitleCont.phtml?=
subid=3D6&seq=3D215326</A> (trade=20
announcement)</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Chen Lan</FONT></DIV></BODY></HTML>
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