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Long March To Launch Intelsat GEO Bird Built By Astrium
Washington Feb. 8, 2001 Intelsat has finalized an agreement to purchase an all Ku-band satellite that will operate at 85 Degrees E. and provide satellite support for corporate VSAT networks, video distribution to cable head-ends, and Internet connections to ISPs. SINOSAT, the Chinese satellite operator, has acquired rights to use six transponders on this satellite during the entire orbital maneuver life of the satellite, which will be manufactured by Astrium SAS of Toulouse, France. China Great Wall Industry Corp. is scheduled to launch the spacecraft, which will be known as the Intelsat APR-3 satellite, in the Spring of 2002. As part of this arrangement, SINOSAT also has acquired rights to use two C-band transponders on the Intelsat satellite at the 178 Degrees E location, scheduled to be operational by October 2003. Cheng Guangren, SINOSAT's President, stated, "We are very pleased to establish this strategic relationship with Intelsat. Intelsat was quick to understand the growing demands of our market, and demonstrated great support in customizing coverage of the satellite beam to meet our requirements. This additional high quality capacity will help us meet the growing needs of our customers." "This relationship represents the type of innovative solution that helps build success for our customers," said Conny Kullman, Intelsat CEO. "The new orbital role at 85 Degrees E will provide SINOSAT with coverage to meet its increasing demands for domestic service. It will also give Intelsat strategic landmass coverage of China, Russia, India and the Middle East. "Further, with launch scheduled by Spring of 2002, this deal represents an extremely quick time to market for the design, manufacture and delivery of a new spacecraft, demonstrating Intelsat's flexibility and responsiveness to customer needs." Kullman continued. The primary applications for the new satellite will include corporate VSAT networks, video distribution to cable head-ends, and Internet connections to ISPs. Intelsat currently has ten satellites on order (seven Intelsat IXs, two Xs and the Intelsat APR-3) which it plans to launch over the next three years. Community Email This Article Comment On This Article Related Links SinoSat-1 SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Orbcomm's Equity Financings Complete
Bremen, Germany (SPX) Jan 06, 2006OHB Technology affiliated company Orbcomm has announced that it has completed equity financings totaling over $110 million led by Pacific Corporate Group (PCG), which committed $60 million. New investors, in addition to PCG, include investment firms MH Equity Investors and Torch Hill Capital. |
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