Kanjor

[Drax]

CLAIRON PICARD
 
COMMERCIAL COMMUNICATION SATELLITES

 

Premier’s Office, October 16, 5621:  L’Etoile Canrille is the corporation that is the recipient of,

inter alia, the transfer of the Lourennais  satellite technology for producing, launching, maintaining

and repairing the military surveillance satellites which were in use by Royaume Uni de Lourenne and

are now in use by the Union of Canrille under the command of Imperial Command Headquarters. 

The Kanjorean Subsidiary of L’Etoile Canrille is in fact handling that production, launch capability,

maintenance and repair function for the Union of Canrille.

 

L’Etoile Canrille is a Rildaroean corporation which was the recipient of the Lourennais transfer of

technology and expertise, and Rildanor thereupon sold a minority interest to Kanjor. Specifically to

the Societe National de Bourse Intermediare (SNBI), a government corporation established as an

 intermediary for buying and selling between foreign and domestic interests.

 

L’Etoile Canrille management met today with Premier Fabrice Courbet and Finance Ministry staff on

getting into the business of communications satellites for private business, and CLAIRON PICARD

has learned this project will be going forward as a budgetary priority.

 

Once operational, several things will happen.  Satellites will  be made available for television,

radio and other telecommunications and may be sold to companies using them.  A private company

operating these commercial communications satellites may be spun off from L’Etoile Canrille’s

Kanjorean subsidiary at a suitable time.  For that matter, in future the SNBI held  shares of L’Etoile

Canrille and control of the subsidiary may be sold to private interests or all or part of those shares

become publicly traded.