October 18, 2006 24/7 News Coverage our time will build eternity
Loral To Raise $300 Million In New Equity Capital To Pursue Growth Opportunities
New York NY (SPX) Oct 17, 2006
Loral Space and Communications Inc. announced Tuesday that it has entered into an agreement under which affiliates of MHR Fund Management LLC, Loral's largest shareholder, will purchase from Loral $300 million of convertible perpetual preferred stock. Loral plans to use the proceeds from this financing, together with its existing resources, to pursue both internal and external growth opportunities in the satellite communications industry, including strategic transactions or alliances. Loral's agreement with MHR was negotiated through and unanimously recommended by a special committee of independent directors of Loral formed especially to advise the board on Loral's financing alternatives.

   
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    Follow The Sun ... In Stereo
    St Paul MN (SPX) Oct 18, 2006
    Like geologists poring over seismograph records to identify the telltale signature of an imminent earthquake, University of Minnesota researchers are poised to probe the sun for a tipoff that a huge eruption of its corona is brewing. Called coronal mass ejections, these solar castoffs can wreak havoc with satellites, whole nations' power grids and the well-being of astronauts.

    Earthquake Update From Keck Observatory
    Kamuela HI (SPX) Oct 18, 2006
    The W. M. Keck Observatory is recovering from a 6.7-magnitude earthquake and a series of aftershocks that struck off the west coast of Hawaii Sunday morning at 7:07 a.m. HST. The earthquake was the largest to hit Hawaii in 20 years and caused power and communication failures across the state. There were no injuries at W. M. Keck Observatory and all personnel are safe. The Observatory has cancelled observing through Wednesday night and Observatory personnel are in the process of bringing the facility into a safe state.

    Planetspace Joins Teachers In Space Project
    Phoenix AZ (SPX) Oct 18, 2006
    PlanetSpace Inc. today joined a growing list of NewSpace rocket firms offering to fly teachers into space as part of the Teachers in Space (TIS) project of the Space Frontier Foundation. The firm, based in Chicago, says it will be ready to carry passengers in 2008 to over 60 miles altitude - among them two teachers taking the ride of their life. "The momentum is growing," said Bill Boland, project manager of the TIS project.

      European Satellite Launch By Russian Rocket Delayed Another Day
    Moscow (RIA Novosti) Oct 18, 2006
    The first launch of Russia's new generation carrier rocket Soyuz 2-1A to put a European weather satellite in orbit has been delayed by one day, the country's Federal Space Agency said Tuesday. "The launch has been postponed by 24 hours due to technical reasons," the agency said.

    Weather Data System Uses Iridium Satellites For Air-To-Ground Links
    Bethesda MD (SPX) Oct 18, 2006
    Iridium Satellite is providing critical satellite data communications for a rapidly expanding atmospheric data reporting program that uses commercial aircraft to gather and transmit meteorological data automatically to AirDat's data center. AirDat LLC, an Iridium value-added reseller, has developed the patented Tropospheric Airborne Meteorological Data Reporting (TAMDAR) system, which uses weather sensors installed on commercial aircraft connected to an onboard Iridium satellite transceiver.

    Iridium Announce Mobile Satellite Services For Eclipse 500
    Orlando FL (SPX) Oct 18, 2006
    Eclipse Aviation, manufacturer of the world's first very light jet (VLJ), and Iridium Satellite have announced that the Iridium mobile satellite communications system will be a standard offering on the Eclipse 500. Eclipse Aviation is an Iridium value-added manufacturer and reseller (VAM/VAR) for aeronautical satellite communication systems and service.

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    Putin Proposes Establishing National Research Centers In Russia
    Zelenograd, Russia (RIA Novosti) Oct 18, 2006
    Russian President Vladimir Putin said Tuesday large national research centers should be created in the country to boost high technology and encourage innovation. "A set of measures should be formulated, aimed at establishing large national research centers on priority areas of high technology development in Russia," Putin told a session of the Russian President's Council on Science, Technology and Education.

    Fourth Launch Delay For Europe Weather Satellite
    Paris (AFP) Oct 18, 2006
    The hitch-strewn launch of a European weather satellite by a Russian rocket was hit by a fresh delay on Tuesday, mission officials said. The 4.1-tonne satellite MetOp-A was to have been launched aboard a Soyuz-Fregat rocket from the Russian space base in Baikonur, Kazakhstan, at 1628 GMT. But the countdown was stopped several seconds before liftoff, a live television broadcast relayed to the European Space Agency (ESA) headquarters in Paris showed.

    Robotic Whisking Seeks Out Spatial Data
    Evanstown IL (SPX) Oct 18, 2006
    Many mammals use their whiskers to explore their environment and to construct a three-dimensional image of their world. Rodents, for example, use their whiskers to determine the size, shape and texture of objects, and seals use their whiskers to track the fluid wakes of their prey.

      Spirit Studies Layers Of Volcanic Rock
    Pasadena CA (JPL) Oct 18, 2006
    As Spirit enters a period known as solar conjuction, when the sun interferes with transmissions between Mars and Earth, mission planners sent a complete set of plans for science activities during solar conjunction to Spirit on the rover's 982nd sol, or Martian day, of exploring inside Gusev Crater (Oct. 7, 2006). During that time, the rover will achieve a new milestone: exploring Mars for 1,000 consecutive days.

    Full-Scale Mars Lander To Be Unveiled At Phoenix Mission Event
    Tucson AZ (SPX) Oct 18, 2006
    Phoenix Mars Mission Principal Investigator Peter Smith will unveil a full-scale Mars lander this Friday at a VIP celebration at the Phoenix Mars Mission Science Operations Center in Tucson. University of Arizona engineers will use the mock lander on its Mars-looking platform to test instruments and commands. Scientists will practice operations in the "PIT", where the lander resides, before performing them for real on Mars.

    Antennae Galaxies Make For A Fertile Marriage In Stellar Chemistry Writ Large
    Paris, France (ESA) Oct 18, 2006
    A new Hubble image of the Antennae galaxies is the sharpest yet of this merging pair of galaxies. As the two galaxies smash together, thousand of millions of stars are born, mostly in groups and clusters of stars. The Universe is an all-action arena for some of the largest, most slowly evolving and surprising processes known to mankind.

    New Space Policy 'Sets Up' Intel Turf War
    Washington (UPI) Oct 17, 2006
    The new U.S. policy on space exploration and exploitation sets the stage for a turf battle between intelligence and the military, says one expert.

    Israel Probes Naval Missile Defense Failure
    Washington (UPI) Oct 17, 2006
    An Israel Navy inquiry into the Hezbollah missile strike on an advanced Israeli warship in July has recommended against penalizing senior officers on the vessel, the Jerusalem post reported Monday.

    Video Imagery Delivered To Military In Urban Combat
    El Segundo CA (SPX) Oct 18, 2006
    Northrop Grumman has once again successfully demonstrated a low-cost, tasking and control system for unmanned aerial vehicles (UAV) that can deliver video information about enemy positions to U.S. military forces in urban battle zones, making their missions safer and more effective.

    US Warns North Korea Against Second Nuclear Test
    Washington (AFP) Oct 17, 2006
    The United States on Tuesday warned North Korea not to conduct a second nuclear weapons test and dismissed its claim that UN sanctions imposed after a first test amounted to a declaration of war.

    Portable 'Lab On A Chip' Could Speed Blood Tests For Soldiers
    Cambridge MA (SPX) Oct 18, 2006
    Testing soldiers to see if they have been exposed to biological or chemical weapons could soon be much faster and easier, thanks to MIT researchers who are helping to develop a tiny diagnostic device that could be carried into battle.

    Command Destruct/Self Destruct Capability Tested In Surface-Launched AMRAAM
    Tucson AZ (SPX) Oct 18, 2006
    Raytheon, in partnership with the Spanish Army and the U.S. Air Force, recently conducted three successful surface-launched firings of the Advanced Medium-Range Air-to-Air Missile (AMRAAM) at Sweden's missile test range in Vidsel, Sweden.

    Somali Militias May Pose Homegrown Threat
    Washington (UPI) Oct 17, 2006
    Concern is growing among U.S. and Canadian counter-terrorism specialists that Somali-Canadians are joining Islamic militias in their homeland linked to al-Qaida.

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      Iceland Resumes Commercial Whaling
    Reykjavik (AFP) Oct 17, 2006
    Iceland said on Tuesday it would resume commercial whaling, making it only the second country to do so after Norway, in a decision that is expected to spark protests from around the world.

    Biofuel Cells Without The Bio Cells
    Richland WA (SPX) Oct 18, 2006
    Proteins keep cells humming. Some are enzymes that taxi electrons to chemicals outside the cell, to discharge excess energy generated during metabolism. This maintains energy flow in the cell and, in turn, keeps the cell alive.

    More Than 4,500 Tonnes Of Toxic Waste Collected In Ivory Coast
    Abidjan (AFP) Oct 18, 2006
    More than 4,500 tonnes of substances contaminated by more than 500 tonnes of toxic sludge dumped in Abidjan in August have been collected since a clean-up began in mid-September, an Ivorian official said Tuesday.

    Far More Than A Meteor Killed Dinos
    Princeton NJ (SPX) Oct 18, 2006
    There's growing evidence that the dinosaurs and most their contemporaries were not wiped out by the famed Chicxulub meteor impact, according to a paleontologist who says multiple meteor impacts, massive volcanism in India, and climate changes culminated in the end of the Cretaceous Period.

    Germans Are Poorer Than Ever
    Berlin (UPI) Oct 17, 2006
    German politicians are debating poverty in a country where some 6.5 million people feel they are increasingly left behind in society, a new underclass that may undermine the stability of any government, observers say.

    Australian Drought Driving Farmers To Desperation
    Sydney (AFP) Oct 17, 2006
    Australia's worsening drought is driving desperate farmers to suicide and government funds should be used to help them leave increasingly unviable land, scientists and politicans said Tuesday.

    Thames Water Sold To Australian-Led Consortium
    Essen (AFP) Oct 17, 2006
    RWE, the second-biggest power supplier in Germany, said late Monday that it has agreed to sell its British water utility Thames Water to a consortium headed by Australian bank Macquarie.

    Physicists Make Atomic Clock Breakthrough
    Sydeny, Australia (SPX) Oct 16, 2006
    Andrei Derevianko, Kyle Beloy, and Ulyana Safronova sat down six months ago and began work on a calculation that will help the world keep better time.

     
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