ORB-3 Loss: Business Aftershocks

Rockets blow up; we move on, Leroy Chiao, CNN

"Without a doubt, critics will arise and question why we are entrusting cargo deliveries and future crew exchanges to commercial companies. The answer is simple: It is the logical evolution of technology and commercialization, following the same path as the development of the airplane and commercial air transportation."

Alliant Tech Evaluating Merger Plans After Orbital Rocket Explosion, WS Journal

"Alliant Techsystems Inc. said it is evaluating any potential implications from Tuesday night's explosion of Orbital Sciences Inc.'s Antares rocket, a hint their plans to merge could be in jeopardy."

Shares in Orbital Sciences, Alliant Tech halted after Tuesday night rocket explosion, CNBC

"The Orbital Sciences' Antares commercial supply rocket blew up over the beachside launch complex at Wallops Island in Virginia. Trading in the stocks was halted so that Orbital, which has planned to buy Alliant, could hold a conference call to discuss the rocket's failure with investors and analysts."

Orbital Sciences' stock plummets after explosion

"Shares of Orbital Sciences Corp. dropped $4.35, or 14.3 percent, to $26.02 in early trading on the New York Stock Exchange on Wednesday."

Antares rocket explosion: The question of using decades-old Soviet engines, Washington Post

"Instead, all four launches of the mighty N1 Soviet rocket, which used an earlier iteration of the first-stage engines used in Thursday's launch, failed between 1969 and 1972. And as the Soviet Union abandoned the idea of putting cosmonauts on the moon, those engines languished in Russia "without a purpose," reported Space Lift Now. That was until they were snapped up by Dulles-based Orbital Sciences, which built the rocket that exploded."

Keith's note: The NK-33 (AJ-26) engines are actualy a product of Aerojet Rocketdyne - not Orbital Sciences.

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This page contains a single entry by Keith Cowing published on October 29, 2014 1:44 PM.

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