Space Systems/Loral Selected to Provide Satellite to EchoStar Corporation
PALO ALTO, Calif., Dec. 30, 2009 (GLOBE NEWSWIRE) -- Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications (Nasdaq:LORL) and the world's leading provider of high-power commercial satellites, today announced that it was selected to provide a new direct broadcast satellite (DBS), EchoStar XVI, to a subsidiary of EchoStar Corporation (Nasdaq:SATS).
EchoStar XVI is the seventh satellite contract awarded to SS/L in 2009. It is planned for launch in 2012.
"We are very proud of our continued close working relationship with EchoStar," said John Celli, president of SS/L. "Over the many years that our companies have worked together, we have continued to advance the technologies necessary for power and high performance."
"Space Systems/Loral continues to help us meet our business objectives with some of the world's most powerful and reliable spacecraft," said Rohan Zaveri, vice president of Space Programs for EchoStar.
The space-proven SS/L 1300 satellite bus, used by EchoStar XVI, provides the flexibility for a broad range of applications. SS/L currently has 59 satellites on orbit and has amassed more than 1,600 years of reliable on-orbit service.
PALO ALTO, Calif., Dec. 30, 2009 (GLOBE NEWSWIRE) -- Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications (Nasdaq:LORL) and the world's leading provider of high-power commercial satellites, today announced that it was selected to provide a new direct broadcast satellite (DBS), EchoStar XVI, to a subsidiary of EchoStar Corporation (Nasdaq:SATS).
EchoStar XVI is the seventh satellite contract awarded to SS/L in 2009. It is planned for launch in 2012.
"We are very proud of our continued close working relationship with EchoStar," said John Celli, president of SS/L. "Over the many years that our companies have worked together, we have continued to advance the technologies necessary for power and high performance."
"Space Systems/Loral continues to help us meet our business objectives with some of the world's most powerful and reliable spacecraft," said Rohan Zaveri, vice president of Space Programs for EchoStar.
The space-proven SS/L 1300 satellite bus, used by EchoStar XVI, provides the flexibility for a broad range of applications. SS/L currently has 59 satellites on orbit and has amassed more than 1,600 years of reliable on-orbit service.