PALO ALTO, CA, Nov. 19, 2014 /PRNewswire/ - Space Systems/Loral (SSL), a leading provider of commercial satellites, today announced that the contract award previously reported on October 29, 2014 was for the Indonesian satellite operator, PT Pasifik Satelit Nusantara (PSN). The commercial communications satellite, named PSN VI, will provide service throughout South East Asia and includes a High Throughput Satellite (HTS) payload for service in Indonesia.
With both C-band and Ku-band transponders, PSN VI will be used for voice and data communications, broadband Internet, and video distribution throughout the Indonesian archipelago. PSN is the first private satellite telecommunications company in Indonesia and a leading Asian provider of a full range of satellite-based telecommunication services.
"PSN has a charter to use satellites to provide innovative communications solutions that help improve lives and support economic growth in remote regions," said John Celli, president of SSL. "We are very glad to have the opportunity to help PSN further this endeavor by providing not just a satellite but a package of services to support its business goals, including launch."
When launched in early 2017, PSN VI will be located at 146 degrees East longitude. Based on SSL's proven 1300 satellite platform, which provides the flexibility for a broad range of applications and technology advances, the satellite is designed to deliver service for 15 years or longer.
"We are pleased to work with SSL for our new PSN VI satellite project," said President Director of Pasifik Satelit Nusantara, Mr. Adi Rahman Adiwoso. "We believe that this collaboration will allow us to serve our market in accordance with our planned schedule to meet customer demand. This course of action we believe will strengthen our commitment to be the best satellite-based company regarding the technology innovation and its products. SSL has provided PSN with a solution including a committed launch, which strengthens and supports PSN's business plan and strategy going ahead."
PT Pasifik Satelit Nusantara (PSN) is the first private satellite telecommunications company in Indonesia and a leading Asian provider of a full range of satellite-based telecommunication services, covering both fixed and mobile telephony services. PSN's business strategy is to focus on providing innovative and efficient solutions and always strive to build mutually beneficial relationships with its stakeholders.
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.