Chief Operating Officer, Stiphan Beher stated, “we are pleased to come to an agreement to develop such a significant time piece with Ramesh Jhunjhnuwala and his team. We feel both entities will bring synergy to this project.”
Giorgio Fedon 1919, a luxury Italian leather goods house, established in 1919, has branched in to the watch segment. Fedon time pieces are manufactured by Modern Concept Watch LLC, headed by Ramesh Jhnunjhnuwala, a Hong Kong based businessman.
Orbital Technologies, majority owned by Eric Anderson, a major shareholder in Space Adventures and Planetary Resources, is developing the Commercial Space Station. Partnered with the Russian Federal Space Agency (RosCosmos) and S.P. Korolev Rocket and Space Corporation (Energia), developer of the Soyuz space transport module, Mir Space Station and the Russian module of the International Space Station, Orbital Technologies will utilize established technology for its deployment.
The Space Station will be capable of accommodating a crew of seven for periods of up to six months and will orbit at 250 miles above Earth. The Station will also incorporate the world’s first Space Hotel.