Failed 2005 satellite deal: US court refuses to stop Devas access to details of Antrix deal with US space firm

A US court has rejected a plea by Antrix Corporation, Isro’s commercial arm, to stay a May 18 order of the court allowing investors in the now liquidated start-up Devas Multimedia to seek details of an agreement between Antrix and the US space launch services firm Spaceflight Inc.

The US District Court for the Western District of Washington rejected the Antrix Corp plea on July 13 for a stay on the May 18 order allowing three Mauritius investors in Devas Multimedia to access documents pertaining to commercial transactions between Spaceflight Inc and Antrix on the basis of court orders.