DOCSLIB.ORG

EUTELSAT S.A. € 500,000,000 1.125 PER CENT BONDS DUE 23 June 2021 ISSUE PRICE: 99.894 PER CENT

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
EUTELSAT S.A. € 500,000,000 1.125 PER CENT BONDS DUE 23 June 2021 ISSUE PRICE: 99.894 PER CENT EUTELSAT S.A. € 500,000,000 1.125 PER CENT BONDS DUE 23 June 2021 ISSUE PRICE: 99.894 PER CENT The €500,000,000 aggregate principal amount 1.125 per cent. bonds due 23 June 2021 (the Bonds, and each a Bond) of Eutelsat S.A. (the Issuer) will be issued outside the Republic of France on 23 June 2016 (the Bond Issue). Each Bond will bear interest on its principal amount at a fixed rate of 1.125 per c ent. per annum from (and including) 23 June 2016 (the Issue Date) to (but excluding) 23 June 2021, payable in Euro annually in arrears on 23 June of each year and commencing on 23 June 2017, as further described in "Terms and Conditions of the Bonds – Interest". Unless previously redeemed or purchased and cancelled in accordance with their terms and conditions, the Bonds will be redeemed at their principal amount on 23 June 2021 (the Maturity Date). The Issuer may, at its option, and in certain circumstances shall, redeem all (but not part) of the Bonds at par plus any accrued and unpaid interest upon the occurrence of certain tax changes as further described in "Terms and Conditions of the Bonds – Redemption and Purchase – Redemption for tax reasons". The Bonds may also be redeemed (i) at the option of the Issuer, in whole or in part, at any time, prior to the Maturity Date, as further described in "Terms and Conditions of the Bonds — Redemption and Purchase — Make Whole Redemption by the Issuer", (ii) at any time prior to the Maturity Date, in whole (but not in part), at par plus accrued interest, if 80 per cent. of the initial aggregate principal amount of the Bonds have been redeemed or purchased and cancelled, as further described in "Terms and Conditions — Redemption and Purchase — Clean-Up Call Option" of the Terms and Conditions of the Bonds, and (iii) at th e option of the Issuer at any time or from time to time, during a period of three months preceding the Maturity Date, in whole or in part, at par plus any accrued and unpaid interest accrued to, but excluding, the date fixed for redemption as further described in "Terms and Conditions of the Bonds – Redemption and Purchase – Residual Maturity Call Option". The Bondholders may, under certain conditions, request the Issuer to redeem all or part of the Bonds following the occurrence of certain change of control events triggering a downgrading of the Bonds as further described in " Terms and Conditions of the Bonds — Redemption and Purchase – Redemption following a Change of Control". The obligations of the Issuer in respect of principal and interest payable under the Bonds constitute direct, unconditional, unsecured and unsubordinated obligations of the Issuer and shall at all times rank pari passu among themselves and pari passu with all other present or future direct, unconditional, unsecured and unsubordinated obligations of the Issuer, as further described in "Terms and Conditions of the Bonds – Status". Payments in respect of the Bonds will be made without deduction for, or on account of, French taxes to the extent set out in " Terms and Conditions of the Bonds — Taxation — Additional Amounts". Application has been made to the Commission de Surveillance du Secteur Financier (the CSSF) in its capacity as competent authority under the Luxembourg Act dated 10 July 2005 on prospectuses for securities, as amended by the Luxembourg Act dated 3 July 2012 (the Prospectus Act) to approve this document (the Prospectus) as a prospectus for the purposes of Article 5.3 of Directive 2003/71/EC of the European Parliament and the Council dated 4 November 2003, as amended, on prospectuses to be published when securities are offered to the public or admitted to trading (the Prosp ectus Direct iv e). Application has also been made to the Luxembourg Stock Exchange for the Bonds to be listed on the Official List and admitted to trading on the regulated market of the Luxembourg Stock Exchange as of the Issue Date. The Luxembourg regulated market of the Luxembourg Stock Exchange is a regulated market for the purposes of the Investment Services Directive 2004/39/EC on financial instruments markets, as amended. Pursuant to Article 7(7) of the Luxembourg Prospectus Act, by approving this Prospectus, the CSSF gives no undertakings as to the economic and financial soundness of the Bond Issue or the quality or solvency of the Issuer. The Bonds will be issued in dematerialised form in a denomination of €100,000 and will at all times be evidenced by book-entries in compliance with Article L. 211- 3 et seq. and R. 211-1 et seq. of the French Code monétaire et financier. No physical documents of title will be issued in respect of the Bonds. As from the date of issue of the Bonds, the Bonds will be registered in the books of Euroclear France, a subsidiary of Euroclear Bank S.A./N.V. (Eu roclea r Franc e) (acting as central depositary) which shall credit the accounts of Account Holders (as defined in "Terms and Conditions of the Bonds – Form, Denomination and Title") including Euroclear Bank S.A./N. V. (Euroclear) and the depositary bank for Clearstream Banking, société anonyme (Clearstream Luxembourg). The Bonds have been assigned a rating of BBB by Standard & Poor's Credit Market Services Europe Limited (S&P) and Baa3 by Moody’s Investors Servic e Ltd (Moody's). S&P and Moody's are established in the European Union and are registered under Regulation (EC) No. 1060/2009 on credit rating agencies (as amended) (the CR A Regul ation). As such S&P and Moody's are included in the list of registered credit rating agencies published by the European Securities and Markets Autho rity (ESMA) on its website (https://www.esma.europa.eu/supervision/credit-r atin g-ag enci es/risk) in accordance with the CRA Regulation. A rating is not a recommend ation to buy, sell or hold the Bonds. Any credit rating is subject to revision, suspension or withdrawal at any time by the relevant ratin g organisation. Any revision, suspension, reduction or withdrawal of the rating may adversely affect the market price of the Bonds. This document is not for distribution, directly or indirectly, in or into the United States. This document is neither an offer of securities for sale nor th e solicitation of an offer to purchase securities in the United States or any other jurisdiction where such offer may be restricted. Securities may not be offered or sold in the United States absent registration with the Securities and Exchange Commission under the U.S. Securities Act of 1933, as amended (the U.S. Secu riti es Act) , or an applicable exemption from registration. The Bonds have not been and will not be registered under the U.S. Securities Act and may not be offer ed, sold or deli ver ed within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act (Regulation S)). Copies of this document are not being, and should not be, distributed in or sent into the United States. An investment in the Bonds involves certain risks. Potential investors should review all the information contained in this document and, in particular, the information set out in the section entitled "Risk Factors" of this Prospectus prior to investing in the Bonds. Global Coordinator Société Générale Corporate & Investment Banking Joint Bookrunners Société Générale Corporate & Investment Banking HSBC Banca IMI SMBC Nikko Co-Lead Manager Helaba Date: 21 June 2016 TABLE OF CONTENTS Page RESPONSIBILITY STATEMENT .................................................................................................. 3 IMPORTANT INFORMATION FOR INVESTORS ............................................................................ 4 RISK FACTORS ...................................................................................................................... 8 SELECTED FINANCIAL INFORMATION OF EUTELSAT S.A............................................................. 33 DOCUMENTS INCORPORATED BY REFERENCE ......................................................................... 37 TERMS AND CONDITIONS OF THE BONDS ............................................................................... 39 USE OF PROCEEDS .............................................................................................................. 53 INFORMATION ABOUT THE ISSUER........................................................................................ 54 BUSINESS OVERVIEW .......................................................................................................... 62 RECENT DEVELOPMENTS ..................................................................................................... 89 TAXATION.......................................................................................................................... 89 SUBSCRIPTION AND SALE ....................................................................................................102 GENERAL INFORMATION.....................................................................................................105 GLOSSARY OF TERMS .........................................................................................................108 2 RESPONSIBILITY STATEMENT As of the date of this Prospectus, the Issuer declares that, having taken all reasonable care to ensure that such is the case, the information contained or incorporated by reference in this Prospectus is, to the best of its knowledge, in accordance with the facts and contains no omission likely to affect the import of such information. The Issuer accepts responsibility for the information
Load more

Recommended publications
  • Eutelsat S.A. €300,000,000 3.125% Bonds Due 2022 Issue Price: 99.148 Per Cent
    EUTELSAT S.A. €300,000,000 3.125% BONDS DUE 2022 ISSUE PRICE: 99.148 PER CENT The €300,000,000 aggregate principal amount 3.125% per cent. bonds due 10 October 2022 (the Bonds) of Eutelsat S.A. (the Issuer) will be issued outside the Republic of France on 9 October 2012 (the Bond Issue). Each Bond will bear interest on its principal amount at a fixed rate of 3.125 percent. per annum from (and including) 9 October 2012 (the Issue Date) to (but excluding) 10 October 2022, payable in Euro annually in arrears on 10 October in each year and commencing on 10 October 2013, as further described in "Terms and Conditions of the Bonds - Interest"). Unless previously redeemed or purchased and cancelled in accordance with the terms and conditions of the Bonds, the Bonds will be redeemed at their principal amount on 10 October 2022 (the Maturity Date). The Issuer may at its option, and in certain circumstances shall, redeem all (but not part) of the Bonds at par plus any accrued and unpaid interest upon the occurrence of certain tax changes as further described in the section "Terms and Conditions of the Bonds - Redemption and Purchase - Redemption for tax reasons". The Bondholders may under certain conditions request the Issuer to redeem all or part of the Bonds following the occurrence of certain events triggering a downgrading of the Bonds as further described in the Section "Terms and Conditions of the Bonds — Redemption and Purchase - Redemption following a Change of Control". The obligations of the Issuer in respect of principal and interest payable under the Bonds constitute direct, unconditional, unsecured and unsubordinated obligations of the Issuer and shall at all times rank pari passu among themselves and pari passu with all other present or future direct, unconditional, unsecured and unsubordinated obligations of the Issuer, as further described in "Terms and Conditions of the Bonds - Status".
    [Show full text]
  • EUTELSAT S.A. € 500,000,000 1.125 PER CENT BONDS DUE 23 June 2021 ISSUE PRICE: 99.894 PER CENT
    EUTELSAT S.A. € 500,000,000 1.125 PER CENT BONDS DUE 23 June 2021 ISSUE PRICE: 99.894 PER CENT The €500,000,000 aggregate principal amount 1.125 per cent. bonds due 23 June 2021 (the Bonds, and each a Bond) of Eutelsat S.A. (the Issuer) will be issued outside the Republic of France on 23 June 2016 (the Bond Issue). Each Bond will bear interest on its principal amount at a fixed rate of 1.125 per c ent. per annum from (and including) 23 June 2016 (the Issue Date) to (but excluding) 23 June 2021, payable in Euro annually in arrears on 23 June of each year and commencing on 23 June 2017, as further described in "Terms and Conditions of the Bonds – Interest". Unless previously redeemed or purchased and cancelled in accordance with their terms and conditions, the Bonds will be redeemed at their principal amount on 23 June 2021 (the Maturity Date). The Issuer may, at its option, and in certain circumstances shall, redeem all (but not part) of the Bonds at par plus any accrued and unpaid interest upon the occurrence of certain tax changes as further described in "Terms and Conditions of the Bonds – Redemption and Purchase – Redemption for tax reasons". The Bonds may also be redeemed (i) at the option of the Issuer, in whole or in part, at any time, prior to the Maturity Date, as further described in "Terms and Conditions of the Bonds — Redemption and Purchase — Make Whole Redemption by the Issuer", (ii) at any time prior to the Maturity Date, in whole (but not in part), at par plus accrued interest, if 80 per cent.
    [Show full text]
  • Eutelsat Communications Q3 2015-16 PR FINAL
    THIRD QUARTER 2015-16 REVENUES • Third Quarter revenues of €383 million, up 4.2% reported and 1.1% at constant currency • Nine month revenues of €1,157 million, up 6.1% reported and 1.3% at constant currency • Order backlog of €5.9 billion, representing four years of revenues • Current and next year objectives adjusted to reflect tougher industry conditions • Adapting strategy to lower growth environment Paris, 12 May 2016 – Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the third quarter and the nine months ended 31 March 2016. Key data: three months to 31 March 2016 Change at constant Q3 2014-15 Q3 2015-16 Actual change currency In € millions Video Applications 225.3 239.1 +6.1% +4.9% Data Services 58.1 54.4 -6.3% -12.6% Value-Added Services 23.4 25.3 +8.0% +7.7% Government Services 49.5 49.7 +0.5% -7.4% Other revenues 11.4 14.5 +27.0% +25.5% Sub-total 367.7 383.0 +4.2% +1.1% Non-recurring revenues - - - - Total 367.7 383.0 +4.2% +1.1% EUR/USD exchange rate 1.197 1.095 - - Revenue growth in the Third Quarter was below expectations, reflecting a worse than expected environment in several emerging markets, in particular in Latin America, where much of our new capacity is targeted and the spread of tough competitive conditions in Data Services to all markets. As a result, we now expect Full Year Revenues 2015-16 to be broadly flat (versus bottom-end of the 2-3% range previously).
    [Show full text]
  • Classification of Geosynchronous Objects
    esoc European Space Operations Centre Robert-Bosch-Strasse 5 D-64293 Darmstadt Germany T +49 (0)6151 900 www.esa.int CLASSIFICATION OF GEOSYNCHRONOUS OBJECTS Produced with the DISCOS Database Prepared by ESA’s Space Debris Office Reference GEN-DB-LOG-00211-OPS-GR Issue 20 Revision 0 Date of Issue 28 May 2018 Status Issued Document Type Technical Note Distribution ESA UNCLASSIFIED - Limited Distribution European Space Agency Agence spatiale europeenne´ Abstract This is a status report on geosynchronous objects as of 1 January 2018. Based on orbital data in ESA’s DISCOS database and on orbital data provided by KIAM the situation near the geostationary ring is analysed. From 1523 objects for which orbital data are available (of which 0 are outdated, i.e. the last available state dates back to 180 or more days before the reference date), 519 are actively controlled, 795 are drifting above, below or through GEO, 189 are in a libration orbit and 19 are in a highly inclined orbit. For 1 object the status could not be determined. Furthermore, there are 59 uncontrolled objects without orbital data (of which 54 have not been cata- logued). Thus the total number of known objects in the geostationary region is 1582. If you detect any error or if you have any comment or question please contact: Stijn Lemmens European Space Agency European Space Operations Center Space Debris Office (OPS-GR) Robert-Bosch-Str. 5 64293 Darmstadt, Germany Tel.: +49-6151-902634 E-mail: [email protected] Page 1 / 187 European Space Agency CLASSIFICATION OF GEOSYNCHRONOUS OBJECTS Agence spatiale europeenne´ Date 28 May 2018 Issue 20 Rev 0 Table of contents 1 Introduction 3 2 Sources 4 2.1 USSTRATCOM Two-Line Elements (TLEs) .
    [Show full text]
  • Britain Back in Space
    Spaceflight A British Interplanetary Society Publication Britain back in Space Vol 58 No 1 January 2016 £4.50 www.bis-space.com 1.indd 1 11/26/2015 8:30:59 AM 2.indd 2 11/26/2015 8:31:14 AM CONTENTS Editor: Published by the British Interplanetary Society David Baker, PhD, BSc, FBIS, FRHS Sub-editor: Volume 58 No. 1 January 2016 Ann Page 4-5 Peake on countdown – to the ISS and beyond Production Assistant: As British astronaut Tim Peake gets ready for his ride into space, Ben Jones Spaceflight reviews the build-up to this mission and examines the Spaceflight Promotion: possibilities that may unfold as a result of European contributions to Suszann Parry NASA’s Orion programme. Spaceflight Arthur C. Clarke House, 6-9 Ready to go! 27/29 South Lambeth Road, London, SW8 1SZ, England. What happens when Tim Peake arrives at the International Space Tel: +44 (0)20 7735 3160 Station, where can I watch it, listen to it, follow it, and what are the Fax: +44 (0)20 7582 7167 broadcasters doing about special programming? We provide the Email: [email protected] directory to a media frenzy! www.bis-space.com 16-17 BIS Technical Projects ADVERTISING Tel: +44 (0)1424 883401 Robin Brand has been busy gathering the latest information about Email: [email protected] studies, research projects and practical experiments now underway at DISTRIBUTION the BIS, the first in a periodic series of roundups. Spaceflight may be received worldwide by mail through membership of the British 18 Icarus Progress Report Interplanetary Society.
    [Show full text]
  • ARIANE 5 Data Relating to Flight 225
    KOUROU August 2015 ARIANE 5 Data relating to Flight 225 EUTELSAT 8 West B Intelsat 34 Data relating to Flight 225 Flight 225 Ariane 5 Satellites: EUTELSAT 8 WEST B – INTELSAT 34 Content 1. Introduction .................................................................... 3 2. Launcher L579 ............................................................... 4 3. Mission V225 ............................................................... 10 4. Payloads ...................................................................... 19 5. Launch campaign ........................................................ 32 6. Launch window ............................................................ 35 7. Final countdown .......................................................... 36 8. Flight sequence ........................................................... 40 9. Airbus Defence and Space and the ARIANE programmes ........................................................................ 42 2 Data relating to Flight 225 1. Introduction Flight 225 is the 81st Ariane 5 launch and the fourth in 2015. It follows on from a series of 66 consecutive successful Ariane 5 launches. This is the 51st ARIANE 5 ECA (Cryogenic Evolution type A), the most powerful version in the ARIANE 5 range. Flight 225 is a commercial mission for Ariane 5. The L579 launcher is the twenty-fifth to be delivered by Airbus Defence and Space to Arianespace as part of the PB production batch. The PB production contract was signed in March 2009 to guarantee continuity of the launch service after completion
    [Show full text]
  • BBG) Operations and Stations Division (T/EOS) Monthly Reports, 2011-2014
    Description of document: Broadcasting Board of Governors (BBG) Operations and Stations Division (T/EOS) Monthly Reports, 2011-2014 Request date: 01-March-2014 Released date: 18-July-2014 Posted date: 20-October-2014 Source of document: BBG FOIA Office Room 3349 330 Independence Ave. SW Washington, D.C. 20237 Fax: (202) 203-4585 The governmentattic.org web site (“the site”) is noncommercial and free to the public. The site and materials made available on the site, such as this file, are for reference only. The governmentattic.org web site and its principals have made every effort to make this information as complete and as accurate as possible, however, there may be mistakes and omissions, both typographical and in content. The governmentattic.org web site and its principals shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused, or alleged to have been caused, directly or indirectly, by the information provided on the governmentattic.org web site or in this file. The public records published on the site were obtained from government agencies using proper legal channels. Each document is identified as to the source. Any concerns about the contents of the site should be directed to the agency originating the document in question. GovernmentAttic.org is not responsible for the contents of documents published on the website. Broadcasting 330 Independence Ave.SW T 202.203.4550 Board of Cohen Building, Room 3349 F 202.203.4585 Governors Washington, DC 20237 Office of the General Counsel Freedom ofInformation and Privacy Act Office July 18, 2014 RE: Request Pursuant to the Freedom of Information Act - FOIA #14-023 This letter is in response to your Freedom of Information Act (FOIA) request to the Broadcasting Board of Governors (BBG), dated March 1, 2014.
    [Show full text]
  • Here the Italian Space Agency ASI Holds 30% of the Shares and the Rest Is the Property of Avio Spa
    Goliat the first Romanian satellite is approaching the launch date- less than 6 months since Romania will have its first space mission At a recent press conference, Jean-Yves Le Gall the director of ArianeSpace, shared with the public the plans of the company for 2011. Like for the last year we will have a busy schedule with not less than 12 launches (double than for 2010). As before the central point will be the veteran Ariane 5 rocket, but part of the new managerial strategy, ArianeSpace will look also for the segment of medium and small launchers meeting the demands of the worldwide customers. It is hoped that some part of the operations will be transferred gradually to these niches and thus to be over passed the record set last year when approximately 60% of the world GEO telecom satellites have been launched by ArianeSpace. The perspectives are very good with another 12 additional GEO transfer contracts being signed in 2010 (about 63% from the international commercial market). The technical procedures which make sure these flights are accomplished are also at the highest standards (proved by the last 3 launches of 2010 separated by one month each i.e. October, November and December) and the Ariane 5 rocket, because of the proven reliability has became today the preferred of the commercial launches (since December 2002 when the version ECA has been put into operation and when the inaugural flight ended by loosing the 2 satellite transported onboard-Stentor and Hot Bird 7- the rocket has an impressive record of 36 successful flights).
    [Show full text]
  • Classification of Geosynchronous Objects
    esoc European Space Operations Centre Robert-Bosch-Strasse 5 D-64293 Darmstadt Germany T +49 (0)6151 900 www.esa.int CLASSIFICATION OF GEOSYNCHRONOUS OBJECTS Produced with the DISCOS Database Prepared by T. Flohrer & S. Frey Reference GEN-DB-LOG-00195-OPS-GR Issue 18 Revision 0 Date of Issue 3 June 2016 Status ISSUED Document Type TN European Space Agency Agence spatiale europeenne´ Abstract This is a status report on geosynchronous objects as of 1 January 2016. Based on orbital data in ESA’s DISCOS database and on orbital data provided by KIAM the situation near the geostationary ring is analysed. From 1434 objects for which orbital data are available (of which 2 are outdated, i.e. the last available state dates back to 180 or more days before the reference date), 471 are actively controlled, 747 are drifting above, below or through GEO, 190 are in a libration orbit and 15 are in a highly inclined orbit. For 11 objects the status could not be determined. Furthermore, there are 50 uncontrolled objects without orbital data (of which 44 have not been cata- logued). Thus the total number of known objects in the geostationary region is 1484. In issue 18 the previously used definition of ”near the geostationary ring” has been slightly adapted. If you detect any error or if you have any comment or question please contact: Tim Flohrer, PhD European Space Agency European Space Operations Center Space Debris Office (OPS-GR) Robert-Bosch-Str. 5 64293 Darmstadt, Germany Tel.: +49-6151-903058 E-mail: tim.fl[email protected] Page 1 / 178 European Space Agency CLASSIFICATION OF GEOSYNCHRONOUS OBJECTS Agence spatiale europeenne´ Date 3 June 2016 Issue 18 Rev 0 Table of contents 1 Introduction 3 2 Sources 4 2.1 USSTRATCOM Two-Line Elements (TLEs) .
    [Show full text]
  • <> CRONOLOGIA DE LOS SATÉLITES ARTIFICIALES DE LA
    1 SATELITES ARTIFICIALES. Capítulo 5º Subcap. 10 <> CRONOLOGIA DE LOS SATÉLITES ARTIFICIALES DE LA TIERRA. Esta es una relación cronológica de todos los lanzamientos de satélites artificiales de nuestro planeta, con independencia de su éxito o fracaso, tanto en el disparo como en órbita. Significa pues que muchos de ellos no han alcanzado el espacio y fueron destruidos. Se señala en primer lugar (a la izquierda) su nombre, seguido de la fecha del lanzamiento, el país al que pertenece el satélite (que puede ser otro distinto al que lo lanza) y el tipo de satélite; este último aspecto podría no corresponderse en exactitud dado que algunos son de finalidad múltiple. En los lanzamientos múltiples, cada satélite figura separado (salvo en los casos de fracaso, en que no llegan a separarse) pero naturalmente en la misma fecha y juntos. NO ESTÁN incluidos los llevados en vuelos tripulados, si bien se citan en el programa de satélites correspondiente y en el capítulo de “Cronología general de lanzamientos”. .SATÉLITE Fecha País Tipo SPUTNIK F1 15.05.1957 URSS Experimental o tecnológico SPUTNIK F2 21.08.1957 URSS Experimental o tecnológico SPUTNIK 01 04.10.1957 URSS Experimental o tecnológico SPUTNIK 02 03.11.1957 URSS Científico VANGUARD-1A 06.12.1957 USA Experimental o tecnológico EXPLORER 01 31.01.1958 USA Científico VANGUARD-1B 05.02.1958 USA Experimental o tecnológico EXPLORER 02 05.03.1958 USA Científico VANGUARD-1 17.03.1958 USA Experimental o tecnológico EXPLORER 03 26.03.1958 USA Científico SPUTNIK D1 27.04.1958 URSS Geodésico VANGUARD-2A
    [Show full text]
  • 2001 Commercial Space Transportation Forecasts
    2001 Commercial Space Transportation Forecasts Federal Aviation Administration's Associate Administrator for Commercial Space Transportation (AST) and the Commercial Space Transportation Advisory Committee (COMSTAC) May 2001 ABOUT THE ASSOCIATE ADMINISTRATOR FOR COMMERCIAL SPACE TRANSPORTATION (AST) AND THE COMMERCIAL SPACE TRANSPORTATION ADVISORY COMMITTEE (COMSTAC) The Federal Aviation Administration’s senior executives from the U.S. commercial Associate Administrator for Commercial Space space transportation and satellite industries, Transportation (AST) licenses and regulates U.S. space-related state government officials, and commercial space launch activity as authorized other space professionals. by Executive Order 12465, Commercial Expendable Launch Vehicle Activities, and the The primary goals of COMSTAC are to: Commercial Space Launch Act of 1984, as amended. AST’s mission is to license and • Evaluate economic, technological and regulate commercial launch operations to ensure institutional issues relating to the U.S. public health and safety and the safety of commercial space transportation industry property, and to protect national security and foreign policy interests of the United States • Provide a forum for the discussion of issues during commercial launch operations. The involving the relationship between industry Commercial Space Launch Act of 1984 and the and government requirements 1996 National Space Policy also direct the Federal Aviation Administration to encourage, • Make recommendations to the Administrator facilitate, and promote commercial launches. on issues and approaches for Federal policies and programs regarding the industry. The Commercial Space Transportation Advisory Committee (COMSTAC) provides Additional information concerning AST and information, advice, and recommendations to the COMSTAC can be found on AST’s web site, at Administrator of the Federal Aviation http://ast.faa.gov.
    [Show full text]
  • 2002-112.Pdf
    Payloads for Mars in Partnership with lndustry EACTrains ifs Frrsf lnternational Astronaut Class Cover Story: Rosetta: ESA's Comet Chaser News from EuroBe's Spaceport Rosetta: ESA's Comet Chaser News from Europe's Spaceport Claude Berner et al. 10 Fernando Doblas Payloads for Mars in Partnership with Industry Alain Clochet & Hans Eggel 38 Accord concernant la protection et l'richange d'informations classifi6es CastingYourVote in ESA - Now and in the Future Elisabeth Sourgens Ersilia Vaudo et al. 43 EAC Trains its First International Astronaut Class Managing ESA's Budget Hans Bolender et al. 50 BdmiBourgoin European SpaceTechnology Harmonisation and Strategy - From Concept to Master Plan Programmes in Progress Stephane Lascar et al. 56 Integral in Orbit News - in Briel Giuseppe Sarri & Philippe Sivac 63 MSG: New Horizons for Weather and Climate Publications Gerd Dieterle, Rob Oremus & Eva OrioLPbernat 68 eso bulletin I l2 - november 2002 Contraves Space Ff ce $t :.j,a ;$ i I Under a contract with the European Space Agency (ESA) SREM (Standard Radiation Environmental Monitor) has been developed and manufactured by Contraves Space in co-operation with the Paul Scherrer Institute (P5l) in Switzerland. Main Features: . Compact size . Three (3) precision particle detectors Internal dose measurement I nterna I temperatu re measurement . Low weight . Microprocesso[ memory and data storage capacity for autonomous operation during several days . Low power . Data downloading on request via host spacecraft telemetry Operational monitoring accessible from host spacecraft data handling system Manufactured SREM's have been attributed to specific missions: . STRV-1C Now flying . PROBA Now flying . Integral Now flying and are selected for upcoming missions: o Rosetta, Mars Express, GSTB, PROBA 2, Herschel, Planck.
    [Show full text]