Russia said it had lost track of a newly-launched,  multi-million-dollar telecommunications satellite on Thursday, the  latest in a series of setbacks that have dogged its space industry. The  $265-million Express AM-4 satellite, described by its makers as the most  powerful satellite ever built in Europe, launched late on Wednesday  aboard a Proton-M rocket from the Russian-leased launchpad in  Kazakhstan.
The Russian space agency said the first stages of the launch went  smoothly but communication with the satellite was lost due to a failure  of the Briz-M upper stage. It said experts were working to re-establish  contact with the craft, built by Astrium, a unit of European aerospace  group EADS, to provide digital TV, Internet and telecoms services for  Russia over the next 15 years.
The spacecraft was fully insured for 7.5 billion roubles ($264.5  million) with Russian Ingosstrakh insurance company. Judging by early  efforts, officials have a roughly 75 percent chance of linking back to  the satellite and manoeuvring it into the correct orbit, space industry  expert Igor Lissov told Reuters. Its loss would be a “nightmare” for  Russia’s industry, he said, delaying key commercial projects by three to  four years and embarrassing Moscow at a time when it hopes to showcase  its technology at this week’s MAKS airshow outside the capital.
(Source: Reuters via Media Network Weblog)
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