PALO ALTO, Calif. – April 30, 2014 — Space Systems/Loral (SSL), a leading provider of commercial satellites, today announced that the Optus 10 satellite, designed and built for Optus, has arrived at the European Spaceport in Kourou, French Guiana, where it will be launched aboard an Ariane 5 launch vehicle by Arianespace.
“Optus 10 has successfully completed all integration and test activities at the SSL factory and was shipped to launch base yesterday,” said John Celli, president of SSL. “Our collaboration with the Optus satellite team has been excellent and we are pleased to provide a highly flexible satellite that will enhance the Optus satellite business.”
The satellite was built with the flexibility to augment the Optus fleet and assure the highest level of ongoing service where it is needed the most. Based on the highly reliable SSL 1300 platform, which supports a broad range of applications and technology advances, the satellite is designed to provide service for 15 years or more.
For almost 30 years, Optus has been the leader and innovator in satellite-based communications services within Australia and New Zealand, providing a comprehensive range of advanced satellite services. With the largest fleet of domestic satellites in that region, Optus delivers satellite including subscription-TV, free-to-air TV, radio, Internet, voice, and data services.
SSL has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As a 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.
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