Elon Musk rocket launches Saudi Arabsat satellite

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SpaceX attempted to land Falcon Heavy’s side boosters at Landing Zones 1 and 2 and Falcon Heavy’s center core on the Of Course I Still Love You droneship during the Arabsat-6A mission. (Twitter/@SpaceX)
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SpaceX attempted to land Falcon Heavy’s side boosters at Landing Zones 1 and 2 and Falcon Heavy’s center core on the Of Course I Still Love You droneship during the Arabsat-6A mission. (Supplied)
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SpaceX attempted to land Falcon Heavy’s side boosters at Landing Zones 1 and 2 and Falcon Heavy’s center core on the Of Course I Still Love You droneship during the Arabsat-6A mission. (Supplied)
Updated 12 April 2019
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Elon Musk rocket launches Saudi Arabsat satellite

  • Falcon Heavy launched the Arabsat-6A satellite from Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida

LONDON: Elon Musk’s SpaceX has launched its Falcon Heavy rocket carrying a satellite for Saudi Arabia’s Arabsat.
The huge rocket was launched from NASA’s Kennedy Space Station in Florida for Arabsat.
Arabsat CEO Khaled bin Ahmed Balkheyour said it was “a momentous leap in the field of commercial satellites manufacturing and launching.”


Arabsat 6A Satellite is a high-capacity telecommunications satellite that will deliver television, radio, Internet, and mobile communications to customers in the Middle East, Africa, and Europe.
Built by Lockheed Martin, it is the largest and most powerful commercial satellite the US defense giant has ever produced.

 


Balkheyour praised the work of young Arab engineers in Riyadh and Tunisia who worked on the project.
“Those young engineers who were fully involved in the design of these satellites and the supervision of the manufacturing stages, we owe them all thanks and praise ” he said.

 

 


British Steel collapses, threatening thousands of jobs

Updated 22 May 2019
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British Steel collapses, threatening thousands of jobs

LONDON: British Steel Ltd. has been ordered into liquidation as it struggles with industry-wide troubles and Brexit, threatening 5,000 workers and another 20,000 jobs in the supply chain.
The company had asked for a package of support to tackle issues related to Britain’s pending departure from the European Union. Talks with the government failed to secure a bailout, and the Insolvency Service announced the liquidation on Wednesday.
“The immediate priority following my appointment as liquidator of British Steel is to continue safe operation of the site,” said David Chapman, the official receiver, referring to the Scunthorpe plant in northeast England.
The company will continue to trade and supply its customers while Chapman considers options for the business. A team from financial firm EY will work with the receiver and all parties to “secure a solution.”
“To this end they have commenced a sale process to identify a purchaser for the businesses,” EY said in a statement.
The government said it had done all it could for the company, including providing a 120 million pound ($152 million) bridging facility to help meet emission trading compliance costs. Going further would not be lawful as it could be considered illegal state aid, Business Secretary Greg Clark said.
“I have been advised that it would be unlawful to provide a guarantee or loan on the terms of any proposals that the company or any other party has made,” he said.
Unions had called for the government to nationalize the business, but the government demurred.
The opposition Labour Party’s deputy leader, Tom Watson described the news as “devastating.”
“It is testament to the government’s industrial policy vacuum, and the farce of its failed Brexit,” he said in a tweet.
The crisis underscores the anxieties of British manufacturers, who have been demanding clarity around plans for Britain’s departure from the EU. Longstanding issues such as uncompetitive electricity prices also continue to deter investment in UK manufacturing, said Gareth Stace, the director-general of UK Steel, the trade association of the industry.
“Many of our challenges are far from unique to steel — the whole manufacturing sector is crying out for certainty over Brexit,” Stace said. “Unable to decipher the trading relationship the UK will have with its biggest market in just five months’ time, planning and decision making has become nightmarish in its complexity.”
Greybull Capital, which bought British Steel in 2016 for a nominal sum, said turning around the company was always going to be a challenge. It praised the trade union and management team, but said Brexit-related issues proved to be insurmountable.
“We are grateful to all those who supported British Steel on the attempted journey to resurrect this vital part of British industry,” it said in a statement.