Elbit Systems Ltd (ESLT)

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Israel launches ‘Ofek 7’ satellite
The Ofek 7 is a reconnaissance satellite with state-of-the-art imaging technologies.
Globes’ correspondent 11 Jun 07 11:01
Israel successfully launched the ‘Ofek 7’ satellite using the Shavit launcher at 2:40 am today. The satellite is now in position in orbit, and will undergo a series of tests to verify that all systems are functioning and performing according to specs.
The Ofek 7 is a reconnaissance satellite with state-of-the-art imaging technologies. Israel Aerospace Industries Ltd. (IAI) designed and built the satellite and launcher together with Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) subsidiaries El-Op Electro-optical Systems Ltd. and Elisra Group, Israel Military Industries Ltd. (IMI), Rafael Armament Development Authority Ltd., Tadiran Spectralink Ltd., and other high-tech companies. The Ministry of Defense ordered the satellite, which was launched from the Israel Air Force experimental launch site.

Published by Globes [online], Israel business news - www.globes.co.il - on June 11, 2007