- Saab AB divests 100 percent of the shares in Saab Space AB, including its subsidiary Austrian Aerospace, to the Swiss company RUAG Holding AG. All conditions for the divestment, which was announced July 15th, 2008, have been fulfilled. The purchase price for the shares amounts to 335 MSEK. In addition to the fixed purchase price, Saab is entitled to an additional consideration related to the long-term positive performance of Saab Space. The transaction is estimated to generate a capital gain to Saab during 2008 of approximately 100 MSEK.
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The Honourable Jim Prentice, Minister of Industry and Minister responsible for the Canadian Space Agency (CSA,) has appointed Dr. Steve MacLean as President of the CSA. Dr. MacLean was selected as one of the first six Canadian astronauts in December 1983. He was a key contributor on the Canadarm and the Canadarm2 projects. He has held other positions, including Chief Science Advisor for the International Space Station, Director General of the Canadian Astronaut Program, as well as positions with NASA. Dr. MacLean has served onboard the space shuttles Columbia and Atlantis and has the distinction of being the first Canadian to have operated the Canadarm2. He is the second Canadian to have walked in space. Most recently, Dr. MacLean was Chief Astronaut for the Canadian Space Agency. Dr. MacLean takes the helm of the CSA from Guy Bujold.
Satnews Daily
September 4th, 2008
ORBITZ

