PALO ALTO, CA, Aug. 5, 2014 /CNW/ - Space Systems/Loral (SSL) today announced that the AsiaSat 8 satellite, designed and built for Asia Satellite Telecommunications Co. Ltd. (AsiaSat), was launched this morning and is successfully performing post-launch
maneuvers according to plan. The satellite deployed its solar arrays on
schedule following its launch aboard a Falcon 9 launch vehicle provided by SpaceX. The satellite will begin firing its main thruster early tomorrow
morning in order to start maneuvering into geostationary orbit.
"I would like to thank and congratulate everyone at AsiaSat, SpaceX and
SSL who contributed to the successful launch of AsiaSat 8," said John Celli, President of SSL. "This is the third SSL-built satellite to join the
AsiaSat fleet. We are very pleased to support AsiaSat in its fleet
expansion, and believe that our ongoing relationship reflects a shared
focus on quality, reliability and value."
AsiaSat 8 is designed to provide direct-to-home (DTH) television
service, data broadcasting, and telecommunications services in Asia and
the Middle East where it will help meet growing market demand and
ensure the delivery of exceptionally high power and quality service to
its customers. The satellite will be co-located with SSL-built AsiaSat 7, and will have four Ku-band beams serving China, India, the Middle East
and South East Asia and a Ka-band payload.
"We have had a close working relationship with SSL for many years," said
William Wade, President and Chief Executive Officer of AsiaSat. "We are very
satisfied with the technology and value that SSL has provided to us.
We look forward to bringing to our customers AsiaSat 8's enhanced power
and coverage in the region."
AsiaSat 8 is based on the highly reliable SSL 1300 platform, which has the flexibility to support a broad range of applications and
technology advances. With this launch, there are 75 SSL-built
operational satellites currently on orbit. SSL has two additional
satellites for AsiaSat in its backlog including AsiaSat 6 which is
scheduled to be the next Falcon 9 launch.
Asia Satellite Telecommunications Company Limited (AsiaSat), a leading
satellite operator in Asia, serves over two-thirds of the world's
population with its five satellites, AsiaSat 3S, AsiaSat 4, AsiaSat 5,
AsiaSat 7 and the newly launched AsiaSat 8. The AsiaSat satellite fleet
provides services to both the broadcast and telecommunications
industries. Over 450 television and radio channels are now delivered by
the company's satellites offering access to over 710 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. AsiaSat's
next satellite, AsiaSat 6 is scheduled for launch later this month.
AsiaSat 9 which is on order from SSL is planned to be launched in 2017.
AsiaSat 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 www.asiasat.com.
SSL has a long history of delivering reliable satellites and spacecraft
systems for commercial and government customers around the world. As
the 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, mobile communications, and Earth
observation. Billions of people around the world depend on SSL
satellites every day. For more information, visit www.sslmda.com.
This news release contains forward-looking statements and information,
which reflect the current view of Space Systems/Loral (SSL) with
respect to future events and financial performance. When used in this
news 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. Actual results may differ materially from the
expectations expressed or implied in the forward-looking statements as
a result of known and unknown risks and uncertainties. Known risks and
uncertainties include but are not limited to: risks associated with
operating satellites and providing satellite services, including
satellite construction or launch delays, launch failures, in-orbit
failures or impaired satellite performance; risks associated with
satellite manufacturing, including competition, cyclicality of SSL's
end-user markets, contractual risks, creditworthiness of customers,
performance of suppliers and management of SSL's factory and personnel;
risk associated with financial factors such as volatility in exchange
rates, increases in interest rates, restrictions on access to capital,
and swings in global financial markets; risks associated with domestic
and foreign government regulation, including export controls and
economic sanctions; and other risks, including litigation. The
foregoing list of important factors is not exhaustive. The information
contained in this news release reflects SSL's beliefs, assumptions,
intentions, plans and expectations as of the date of this news release.
Except as required by law, SSL disclaims any obligation or undertaking
to update or revise the information herein.
For further information:
Media Contact: Wendy Lewis
+1 (650) 852-5188