U.S. court orders India’s s space agency ISRO to pay $1.2 billion
A U.S. court has ordered Antrix, the commercial arm of India’s space agency ISRO, to pay $1.2 billion to Devas, a private company with operations in both India and the United States, for a contract they canceled arbitrarily in 2011.
This is a very complicated story going back many years. ISRO’s Antrix and Devas had agreements beginning in 2005 to work together to develop commercial satellites, with Antrix building the satellites and Devas commercializing bandwidth. In 2011 the India government cancelled the contracts unilaterally.
On February 25, 2011, Antrix issued a termination notice to Devas, which among other things stated that the policy decision was of the central government, acting in its sovereign capacity is the event of force majeure, which was an occurrence on February 23, 2011, PTI report said. “The scope and duration of the said decision cannot be anticipated. It is likely to be indefinite. It is not possible for Antrix to take any effective step to resume the obligations under the agreement,” Antrix was quoted as saying.
One of the reasons for the cancellation were accusations that payoffs were occurring between officials at both Antrix and Devas to make the deal happen.
Devas has been fighting in numerous courts for years to get compensation for that cancellation.
ISRO can probably ignore this U.S. court decision, except that if it does it will make it very difficult, if not impossible, for ISRO to do any work in partnership with the U.S., such as in the Artemis program. As soon as they try to do so, Devas will slap a lien on that operation, demanding payment.
From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.
“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.
Available everywhere for $3.99 (before discount) at Amazon, Barnes & Noble, and all ebook vendors, or direct from the ebook publisher, ebookit. And if you buy it from ebookit you don't support the big tech companies and I get a bigger cut much sooner.
A U.S. court has ordered Antrix, the commercial arm of India’s space agency ISRO, to pay $1.2 billion to Devas, a private company with operations in both India and the United States, for a contract they canceled arbitrarily in 2011.
This is a very complicated story going back many years. ISRO’s Antrix and Devas had agreements beginning in 2005 to work together to develop commercial satellites, with Antrix building the satellites and Devas commercializing bandwidth. In 2011 the India government cancelled the contracts unilaterally.
On February 25, 2011, Antrix issued a termination notice to Devas, which among other things stated that the policy decision was of the central government, acting in its sovereign capacity is the event of force majeure, which was an occurrence on February 23, 2011, PTI report said. “The scope and duration of the said decision cannot be anticipated. It is likely to be indefinite. It is not possible for Antrix to take any effective step to resume the obligations under the agreement,” Antrix was quoted as saying.
One of the reasons for the cancellation were accusations that payoffs were occurring between officials at both Antrix and Devas to make the deal happen.
Devas has been fighting in numerous courts for years to get compensation for that cancellation.
ISRO can probably ignore this U.S. court decision, except that if it does it will make it very difficult, if not impossible, for ISRO to do any work in partnership with the U.S., such as in the Artemis program. As soon as they try to do so, Devas will slap a lien on that operation, demanding payment.
From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.
“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.
Available everywhere for $3.99 (before discount) at Amazon, Barnes & Noble, and all ebook vendors, or direct from the ebook publisher, ebookit. And if you buy it from ebookit you don't support the big tech companies and I get a bigger cut much sooner.
Just like all socialist governments, they make decisions without regard to normal business practices, ignoring the damage they cause to existing commercial relationships. Socialists don‘t care about the rule of law or anyone‘s civil rights.