Satellite launcher Arianespace is readying for its seventh launch of the year.

Arianespace has reported a loss of 193 million euros for the year ended March 2001.

Arianespace yesterday announced three new contracts for Ariane launches of the DIRECTV-7S, iPSTAR-1 and STAR ONE C1 s

Media baron Subhash Chandra has a number of firsts to his credit. To that list add another one.

The success of the indigenously built Insat-3C launch is behind it.

Even as the satellite launch sector saw a global recession in 2001, Arianespace took credit for maintaining a strong