Space Systems/Loral Delivers AsiaSat 7 Satellite to Baikonur Launch Site Ahead of Schedule
(firmenpresse) - PALO ALTO, CA and HONG KONG -- (Marketwire) -- 10/24/11 -- , a new communications satellite designed and built for Asia Satellite Telecommunications Company Limited () by (SS/L) (NASDAQ: LORL), the world's leading provider of , arrived at the Baikonur Space Center in Kazakhstan, where it will be launched aboard an vehicle provided by (ILS). The launch is currently scheduled for 26 November Baikonur time.
"We appreciate SS/L's efforts to complete the construction of AsiaSat 7 and have it ready to ship one month ahead of schedule," said , President and Chief Executive Officer of AsiaSat. "To ensure service continuity, AsiaSat retires satellite production schedule and launch risks through an early procurement process. Space Systems/Loral's exemplary performance means that we will have additional capacity on-orbit well ahead of the planned date for the AsiaSat 3S replacement."
AsiaSat 7 is a Fixed Satellite Services (FSS) spacecraft that will provide television broadcast, telephone networks and VSAT networks across the Asia-Pacific region. AsiaSat 7 will ultimately replace AsiaSat 3S at the orbital location of 105.5 degrees East longitude when the latter reaches its end of life in 2014.
"We are very pleased to help AsiaSat meet the growing demand for satellite services in the region," said , President of Space Systems/Loral. "We tailor every satellite that we design and build specifically to meet the operator's needs. For AsiaSat 7 we provided flexibility with switching capability, and a Ka-band payload in addition to C- and Ku-band."
AsiaSat 7 will carry 28 C-band and 17 Ku-band transponders, and a Ka-band payload. Its region-wide C-band beam covers Asia, the Middle East, Australasia and the Commonwealth of Independent States, with Ku-band beams serving East Asia, South Asia and a steerable Ku beam to satisfy market demand. AsiaSat 7 is based on the highly reliable Space Systems/Loral which offers the flexibility to support a broad range of applications and technology advances and will provide service for over 15 years.
AsiaSat, the leading regional satellite operator in Asia, serves over two-thirds of the world's population with its three satellites, AsiaSat 3S at 105.5ºE, AsiaSat 4 at 122ºE and AsiaSat 5 at 100.5ºE. The AsiaSat satellite fleet provides services to both the broadcast and telecommunications industries. Over 500 television and radio channels are now delivered by the company's satellites offering access to over 620 million TV households across the Asia-Pacific region. AsiaSat also provides telecommunications operators and end users services such as voice networks, private VSAT networks and broadband multimedia. It is a wholly-owned subsidiary of Asia Satellite Telecommunications Holdings Limited, a company listed on The Stock Exchange of Hong Kong Limited (Stock Code: 1135). For more information, please visit .
Space Systems/Loral, a subsidiary of Loral Space & Communications (NASDAQ: LORL), has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As the world's leading provider of commercial satellites, the company works closely with satellite operators to provide spacecraft for a broad range of services including television and radio distribution, digital audio radio, broadband Internet, and mobile communications. Billions of people around the world depend on SS/L satellites every day. For more information, visit .
Loral Space & Communications is a satellite communications company. Through its Space Systems/Loral subsidiary, the company is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring, and air traffic management. Loral also owns 64 percent of Telesat, one of the world's largest providers of satellite services. Telesat operates a fleet of telecommunications satellites used to broadcast video entertainment programming, distribute direct-to-home video and broadband data services, and other value-added communications services. For more information, visit Loral's Web site at . LORL-G
This document contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, the words "believes," "expects," "plans," "may," "will," "would," "could," "should," "anticipates," "estimates," "project," "intend" or "outlook" or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. In addition, Loral Space & Communications Inc., Space Systems/Loral, Inc. or their representatives have made or may make forward-looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, and press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results may differ materially from anticipated results as a result of certain risks and uncertainties which are described as "Risk Factors" and in the "Commitments and Contingencies" note to the financial statements in Loral's 2010 annual report on Form 10-K filed March 15, 2011. The reader is specifically referred to this document, as well as the company's other filings with the Securities and Exchange Commission. Risks and uncertainties include but are not limited to (1) risks associated with financial factors, including swings in the global financial markets, financial covenants in SS/L's credit agreement, increases in interest rates and access to capital; (2) risks associated with satellite manufacturing, including competition, cyclicality of SS/L's end-user markets, contractual risks, creditworthiness of customers, performance of suppliers and management of our factory and personnel; (3) regulatory risks, such as the effect of U.S. export control and economic sanction laws; and (4) other risks, including litigation. The foregoing list of important factors is not exclusive. Furthermore, Loral and SS/L operate in an industry sector where securities values may be volatile and may be influenced by economic and other factors beyond the control of Loral and SS/L.
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Datum: 24.10.2011 - 06:00 Uhr
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