Success of System Requirements Review demonstrates increasing momentum and agreement on key innovations
CANNES, France and WESTMINSTER, CO, Jan. 24, 2019 /CNW/ - Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), and SSL, a Maxar Technologies company (NYSE: MAXR;TSX: MAXR), have completed an important milestone for the Telesat LEO constellation. The success of the consortium's System Requirements Review (SRR) demonstrates increasing momentum for Telesat's global communications system design and was highlighted by three satellite industry leaders agreeing on key innovations that will enable Telesat LEO to deliver breakthrough performance and affordability.
As previously announced, Telesat selected the consortium of Thales Alenia Space and Maxar Technologies, the owner of SSL and MDA, as one of two contractors for its LEO system design phase. The consortium, led by Thales Alenia Space, is designing an end-to-end communications system, including satellites, landing stations, user terminals, operations centers, and ground network.
The Thales Alenia Space / Maxar design for Telesat LEO is based on the combined companies' proven experience, industrial capability and a strong supplier base for fully integrated communications satellite systems, including payload antenna design, on-board processing, optical inter-satellite links and LEO satellite production. The success of the SRR was the result of multiple work streams located in France, the U.S. and Canada working together to apply the consortium's very best talent to every task.
"Our consortium is applying the latest technologies to optimize system network performance and assure that the constellation design is the best one for achieving Telesat's goals. The project team, consisting of engineering specialists at both Thales Alenia Space and Maxar's SSL, is developing game-changing solutions as we successfully complete one milestone after another. Thales Alenia Space leads the industry in successfully deployed constellations and we are very excited to be supporting this new constellation from Telesat that will bring unprecedented levels of capacity and flexibility for broadband services around the world", declared Martin Van Schaik, Senior VP Sales and Marketing Thales Alenia Space.
"The consortium of Thales Alenia Space and Maxar's SSL has made great progress in developing innovative solutions for the Telesat constellation," said Dario Zamarian, Group President, SSL. "Completing the SRR is a significant milestone and demonstrates the success of our collaboration with Thales Alenia Space and the value of our SSL and MDA businesses working together to bring integrated solutions that drive competitive advantages for satellite operators, and help build a better world."
About Thales Alenia Space
Combining 40 years of experience and a unique diversity of expertise, talents and cultures, Thales Alenia Space architects design and deliver high technology solutions for telecommunications, navigation, Earth observation, environmental management, exploration, science and orbital infrastructures. Governments, institutions and companies rely on Thales Alenia Space to design, operate and deliver satellite-based systems that help them position and connect anyone or anything, everywhere, help observe our planet, help optimize the use of our planet's – and our solar system's – resources. Thales Alenia Space believes in space as humankind's new horizon, which will enable to build a better, more sustainable life on Earth. A joint venture between Thales (67%) and Leonardo (33%), Thales Alenia Space also teams up with Telespazio to form the parent companies' Space Alliance, which offers a complete range of services and solutions. Thales Alenia Space posted consolidated revenues of 2.6 billion euros in 2017 and has 7,980 employees in nine countries. www.thalesaleniaspace.com
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SSL, based in Palo Alto, California, is a leading provider of advanced spacecraft systems, with broad expertise to support commercial and government satellite operators and innovative space missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband internet, mobile communications, in-orbit servicing, space exploration, and Earth observation. As a Silicon Valley innovator for 60 years, SSL's advanced product line includes state-of-the-art small satellites, and sophisticated robotics and autonomous solutions for remote operations. SSL is a Maxar Technologies company (NYSE: MAXR) (TSX: MAXR). For more information, visit www.sslmda.com.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
Wendy Lewis | SSL Media Contact | 1-650-852-5188 | Wendy.firstname.lastname@example.org
Nancy Coleman | Maxar Media Contact | 1-303-684-1674 | email@example.com
Jason Gursky | Maxar Investor Relations | 1-303-684-2207 | firstname.lastname@example.org
This release contains forward-looking statements and information, which reflect the current view of Maxar Technologies Ltd. (the "Company") with respect to future events and financial performance. The forward-looking statements in this regard include statements regarding the development, design, manufacture and launch of a satellite constellation and end-to-end system. Any such forward-looking statements are based on the Company's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. The factors and assumptions underlying the forward-looking statements in this release include contracts with any government or intergovernmental agency not being terminated. Any such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from current expectations. The Company cautions readers that should certain risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. The risks that could cause actual results to differ from current expectations include, but are not necessarily limited to: changes in government or intergovernmental priorities, mandates, funding levels, contracts and regulations; satellite development and construction delays; launch delays; launch failures; in-orbit failures; failure of third parties and subcontractors; and failure to anticipate changes in technology, technical standards and offerings or compliance with the requisite standards, or failure to maintain technological advances and offer new products to retain customers and market position.
For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov, or on the Company's website at www.maxar.com.
SOURCE Maxar Technologies Ltd.