Space Systems Loral release
Space Systems/Loral Awarded Contract to Build TerreStar-2 Satellite
New satellite to function together with Terrestar-1, currently under
construction at SS/L
Palo Alto, CA - August 15, 2006 — Space Systems/Loral (SS/L), a
subsidiary of Loral Space & Communications Inc. (NASDAQ: LORL), today
announced that it has been awarded a contract to build the TerreStar-2
MSS (mobile satellite services) satellite for TerreStar Networks Inc.
TerreStar's two satellite system, which includes the TerreStar-1
satellite currently under construction at SS/L, together with an
Ancillary Terrestrial Component (ATC), is designed to provide
next-generation, 2-GHz mobile voice and data communications, monitoring
and messaging services throughout the United States and Canada.
"The unique capabilities of TerreStar-2, SS/L's fifth commercial
satellite construction award so far in 2006, benefit from the
state-of-the-art satellite technology being developed by SS/L for the
world's new mobile service providers," said Patrick DeWitt, chief
executive officer, Space Systems/Loral. "We're proud to have earned the
trust of TerreStar for the construction of its cutting-edge mobile
communications service, based on SS/L's highly reliable and space-proven
technologies."
Scheduled for delivery in 2009, TerreStar-2 will have a service life of
15 years and carry a state-of-the-art MSS payload featuring a large
unfurlable reflector. The satellite will generate hundreds of spot beams
covering the Continental U.S., Canada, Alaska, Hawaii, Puerto Rico and
the U.S. Virgin Islands.
Loral has provided TerreStar with the ability to add enhancements and
functionality to the TerreStar-2 satellite to meet additional customer
requirements. These upgrades would implement technological advancements
to satisfy TerreStar's growing customer requirements and make
TerreStar-2 the most powerful and capable MSS satellite under contract
to date.
TerreStar-2 is based on SS/L's space-proven 1300 platform, which has an
excellent record of reliable operation. Its high efficiency solar arrays
and lightweight batteries are designed to provide uninterrupted
electrical power. In all, SS/L satellites have amassed more than 1,300
years of reliable on-orbit service.
TerreStar Networks Inc. is a Reston, VA-based provider of advanced
mobile satellite services for the North American market. The company
plans to develop, build and operate an innovative and spectrum-efficient
spot beam satellite system in the 2 GHz frequency band. For more
information, visit TerreStar Networks on the web at
www.terrestarnetworks.com.
Space Systems/Loral is a premier designer, manufacturer, and integrator
of powerful satellites and satellite systems. SS/L also provides a range
of related services that include mission control operations and
procurement of launch services. Based in Palo Alto, Calif., the company
has an international base of commercial and governmental customers whose
applications include broadband digital communications, direct-to-home
broadcast, defense communications, environmental monitoring, and air
traffic control. SS/L satellites have amassed more than 1,300 years of
reliable on-orbit service. SS/L is ISO 9001:2000 certified. For more
information, visit www.ssloral.com.
Loral Space & Communications is a satellite communications company. In
addition to Space Systems/Loral, through its Skynet subsidiary Loral
owns and operates a fleet of telecommunications satellites used to
broadcast video entertainment programming, and for broadband data
transmission, Internet services and other value-added communications
services. For more information, visit Loral's web site at www.loral.com.
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