NewSat completed its financing documents for the $611 million...
NewSat completed its financing documents for the $611 million funding of the Jabiru-1 satellite. Progress payments to the manufacturer, Lockheed Martin, have reached $72 million, NewSat said in a press release (http://bit.ly/12dAd6r). The program is now in the critical design…
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phase and construction of the satellite is on target for launch by Arianespace in 2015, it said.