June 15, 1997
                                               Vol. 1 - No. 6

                ==============================

                  THE ORBITAL REPORT ON-LINE

                ==============================

             Space Executive's Weekly News Digest


This issue of Takyon International's latest on-line newsletter
was published in cooperation with New Space. (www.newspace.com)

OReOL covers space industry news, market trends, and provides the
necessary background information for immediate analysis. Please feel
free to contact us for any comment.


=== HEADLINES ===

* ARIANESPACE's shareholders may not meet on June 16 as planned to
confirm the appointment of Mr. Jean-Marie LUTON as chairman & CEO of the
company in replacement of Mr. Charles BIGOT who retires. FRANCE's new
minister in charge of SPACE, Mr. Claude Allegre, has decided to review
the nomination process. Mr. LUTON was backed by France's former government
against ARIANESPACE's Chief Operating Officer, Mr. Francis AVANZI, who was
backed by most of the industrial shareholders. The French governments
controls 47.76% of ARIANESPACE through CNES and state-owned AEROSPATIALE
and SEP.

* CHINA GREAT WAKLL INDUSTRY CORP. (CGWIC) successfully launched a CZ-3
'LONG MARCH' vehicle on June 10, lofting the FENG YUN 2B meteorological
satellite to geosynchronous transfer orbit.


=== BUSINESS ===

* ARIANESPACE, of Evry, France, has unveiled four launch contracts on
June 12. ARIANE vehicles are due to loft the SIRIUS 3 direct broadcasting
satellite for NSAB of Sweden in 1998 and an unidentified satellite for
SPACE SYSTEMS/LORAL (SS/L), of Palo Alto, California, in 1999. A previous
SS/L contract will be used for the launch of TELSTAR 6 in late 1998. Two
more launches were contracted by an undisclosed customer.

* E-SAT, of Englewood, Colorado, has signed with EUROCKOT Launch Service
GmbH, of Bremen, Germany, for the launch of two clusters of three
satellites in low Earth orbit on ROKOT vehicles in late 1998 and early
1999. E-SAT is a joint venture of ECHOSTAR CORP., of Englewood, Colorado,
and DBS INDUSTRIES, of Mill Valley, California. EUROCKOT is a joint
venture of DAIMLER BENZ AEROSPACE, of Bremen, Germany, and GKNPTs
KHRUNICHEV, of Moscow, Russia. The ROKOT vehicle is a derivative of the
RS-18 (SS-19 'Stiletto') ICBM.


  *********************************************************************
  * As part of the New Space Journal, two interactive columns are now *
  * being published. "Minimum Cost Design" by Arthur Schnitt focuses  *
  * on the MCD criteria and its application to space launch vehicles. *
  * "Reality Check" by Rick Fleeter takes a critical look at current  *
  *   space industry issues and concepts from the perspective of a    *
  *     seasoned veteran. You can view these columns on the web:      *
  *                                                                   *
  *    www.newspace.com/schnitt   -or-   www.newspace.com/fleeter     *
  *********************************************************************


=== MARKETS ===

* INTERNATIONAL LAUNCH SERVICES (ILS), of San Diego, California, is
introducing the latest upgrade of the PROTON vehicle, the PROTON M, onto
the commercial launch market. The vehicle's new upper stage, the BREEZE-M,
will be test flown in mid-1998 on a current PROTON K vehicle due to loft a
Russian RADUGA military communication satellite. A full PROTON M is planned
in late 1998, possibly with a commercial payload. The improved PROTON M will
be able to loft up to 3,000kg to geosynchronous orbit.


=== TECHNOLOGIES ===

* A FAULTY COMPONENT has been detected in the liquid oxygen turbopump of the
VULCAIN engine due to fly on ARIANE 504. Since the origin of the flaw was
identified as a possible production defect and a similar element is known to
be in the pump of  the engine already mounted on ARIANE 502 (recently arrived
in Kourou), ESA and CNES have decided to remove the engine and replace it
with the one originally scheduled for ARIANE 503 which features a component
from an older production batch. This replacement will take about a fortnight. The effect on the targeted launch date is not known yet.

* NASA has selected UNIVERSAL SPACE LINES, of Newport Beach, California,
SUMMA TECHNOLOGY, of Huntsville, Alabama, GENCORP AEROJET, of Sacramento,
California, and PIONEER ROCKETPLANE, of Bladewood, Colorado, for six-month
study contracts on small launch vehicle concepts within the BANTAM program.
Total value of the contracts is about US$8 million.


  ********************************************************************
  * The latest issue of THE ORBITAL LAUNCHER REPORT (Vol. 3 - No. 8) *
  *                      was published on June 14.                   *
  *   It includes an overview of current space propulsion effort,    *
  *    an in-depth coverage of latest launch contracts signed  by    *
  *  Arianespace, ILS, Eurockot, the Zenit launch failure, the X-38, *
  * latest news about expendable/reusable launchers ,and much more ! *
  *                                                                  *
  *  For subscription information, contact us:  orbirep@worldnet.fr  *
  ********************************************************************


=== PREVIEW ===

* June 16    Beginning of the ARIANE 502 launch campaign in Kourou,
             French Guyana.

* June 18    Launch of a cluster of 7 IRIDIUM global telephony
             satellites on a PROTON K vehicle from Baykonur,
             Kazakhstan.

* June 27    NASA's NEAR EARTH ASTEROID RENDEZVOUS (NEAR) spacecraft
             flyby of Asteroid 253 MATHILDE en route to mission
             objective Asteroid 433 EROS.

* June 29    Launch of the PROGRESS M35 cargo to Mir on a SOYUZ U
             vehicle from Baykonur, Kazakhstan.


   The Orbital Report On-Line is published 3 to 4 times per month
         by Takyon International (RCS Paris B 401 465 398)
            34, boulevard Exelmans, 75016 Paris, France
       Phone: +33 (0) 146 566 490 * Fax: +33 (0) 146 561 355
              Editorial hotline: +33 (0) 607 995 056
                   E-mail: orbirep@worldnet.net
                  Chief Editor: Stefan Barensky
               Technical Contributor: Samuel Szdat

               © Takyon International - June 1997

               Takyon International also publishes
                   The Orbital Launcher Report,
            a monthly space transportation newsletter.

------------------- End of issue Vol.1, No.6 ----------------------


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