PALO ALTO, CA and BERN, SWITZERLAND (SS/L & Sea Launch PR) — Space Systems/Loral (SS/L) (NASDAQ: LORL) and Sea Launch AG today announced the formation of a three person Independent Oversight Board to oversee the ongoing investigation into the root cause of an anomaly on a recently launched satellite. The Independent Oversight Board will be made up of impartial industry experts, nominated by the two companies.
The Independent Oversight Board will guide the joint SS/L-Sea Launch investigation team, which has been working together for several weeks to collect and analyze data with the objective of determining the root cause of damage to one solar array on an SS/L 1300 satellite that was launched on May 31, 2012 on a Sea Launch Zenit-3SL vehicle.
PALO ALTO, CA, Jul 25, 2012 (SS/L PR) — Space Systems/Loral (SS/L), the world’s leading provider of commercial satellites, today announced that it was selected by the Defense Advanced Research Projects Agency (DARPA) to determine how small satellites can be carried to geostationary orbit (GEO) as hosted payloads on commercial satellites. SS/L was awarded a contract to analyze and define key aspects of DARPA’s Phoenix program, which is focused on developing and demonstrating technologies to cooperatively harvest and re-use valuable components from retired, nonworking satellites in GEO.
In order to re-purpose these valuable components, such as antennas, the Phoenix program plan is to attach small satellites, called ‘satlets,’ that will take control of the old components and give them new operational life. SS/L will study how to carry these satlets to orbit by giving them a ride on large commercial GEO satellites.
Jonathan Goff’s Altius Space Machines is among five companies and a NASA field center sharing about $36 million in contract awards in DARPA’s Phoenix Technologies program, which aims to harvest components from dead satellites for reuse.
Space News reports that Goff’s Louisville, Colo., company will build an extendable boom for the Phoenix spacecraft. DARPA would not reveal how much Altius will receive under the contract.
Other winners of Phoenix contracts include: Space Systems/Loral; Intelsat; MacDonald, Dettwiler and Associates; NovaWurks; and NASA’s Jet Propulsion Laboratory.
Richmond, B.C. (MDA PR) — MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, today announced that it has signed an agreement to acquire 100% of Space Systems/Loral, Inc. (SS/L) for US$875 million in a transaction that is immediately accretive.
Headquartered in Palo Alto, California, SS/L is the global market leading provider of commercial communications satellites, serving a global customer base. The acquisition transforms MDA into a major player in commercial communications and provides the Company with critical mass in the U.S. market. (more…)
Advances in payload and transport technology have made it easier than ever for entrepreneurs to launch into space – some for less than even $1M in capital. Entrepreneurs are now exploring opportunities with new rocket launchers, novel uses of affordable small satellites, space tourism, and even space-based power generation and extraterrestrial mining. The space market is already a $280B business.
WASHINGTON, March 30, 2011 (GLOBE NEWSWIRE) — Seven satellite industry companies have agreed to form an industry alliance to increase awareness of the benefits of hosted government payloads on commercial satellites.
The Hosted Payload Alliance (HPA) will serve as a bridge between government and private industry to foster open communication between potential users and providers of hosted payload capabilities.
HPA Steering Committee members are Boeing Space and Intelligence Systems, Intelsat General Corporation, Iridium Communications Inc., Lockheed Martin Space Systems, Orbital Sciences Corporation, SES WORLD SKIES U.S. Government Solutions, and Space Systems/Loral.
Loral Space & Communications Inc. (Nasdaq:LORL) announced today that its wholly-owned subsidiary Space Systems/Loral, Inc. (SS/L) has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering. The filing contemplates the registration and offer to the public of up to 19.9 percent of SS/L’s common stock; upon completion of the offering, Loral will continue to own the remainder of SS/L’s common stock. Funds raised in the offering will be used by SS/L for working capital and other general corporate purposes, including to finance further growth and expansion of SS/L’s business.
Space Exploration Technologies (SpaceX) and Space Systems/Loral (SS/L) have signed an agreement for the launch of an SS/L manufactured satellite aboard a SpaceX Falcon 9 as early as 2012. For this mission, Falcon 9 will launch from the SpaceX launch site at Cape Canaveral and insert the satellite into a geosynchronous transfer orbit (GTO).
Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications (Nasdaq:LORL) and the leading provider of commercial satellites, today announced that it has been selected to provide a propulsion system to NASA Ames Research Center for the Lunar Atmosphere Dust Environment Explorer (LADEE) spacecraft. The contract demonstrates NASA’s success in leveraging the capability of commercially proven technology for U.S. Government missions.