Satelites Mexicanos Enters into Satellite Procurement Pact with Boeing
Mar 16, 2012 (Close-Up Media via COMTEX) --
Satelites Mexicanos (Satmex) announced that it has entered into a Satellite Procurement Agreement with Boeing Satellite Systems International (Boeing) and a Launch Services Agreement with Space Exploration Technologies (SpaceX) for the manufacture and the launch, respectively, of the latest communications satellite in its fleet, Satmex 7.
In a release the company noted that the procurement of Satmex 7 is part of a global agreement in cooperation with Asia Broadcast Satellite (ABS) involving the manufacture and delivery of four firm and four optional satellites all at firm fixed prices. The purchase and delivery of these satellites will be governed by a Master Procurement Agreement entered into among Boeing, ABS and Satmex and will be subject to separate satellite procurement agreements between Boeing and each of Satmex and ABS. Both Satmex and ABS shall have the ability to convert the optional satellites to firm orders as they may determine in the future.
Satmex 7 is a hybrid satellite with both C- and Ku-band capacity, serving all of Satmex's Latin America customers. The satellite will provide new expansion capacity that will be a catalyst for Satmex's growth plans over the next decade. The Boeing 702SP product line is a great fit for Satmex's expansion strategy, offering capabilities that provide flexible service offerings to meet the demands of Satmex's customer portfolio.
"We are very pleased to partner with both, Boeing and SpaceX, on these agreements, which provides Satmex with the flexibility to grow our satellite fleet," said Patricio Northland, Chief Executive Officer of Satmex. "Satmex is positioned for a new era of growth with the anticipated launches of Satmex 8 in 2012, and with Satmex 7, our first satellite in the Boeing 702SP program, in late 2014 or early 2015. The addition of Satmex 7 will expand our fleet to three satellites covering the Americas. Satmex 7 will be a cornerstone of the Satmex fleet designed to provide DTH and data services with increased power levels and good elevation angles from any location within its coverage. These benefits will provide better performance to deliver media content directly to homes as well as broadband and other data services." Concurrently with the satellite procurement agreements, ABS and Satmex have entered into a Bilateral Agreement which establishes rights and obligations between the parties with regard to the manufacture and launch of Satmex 7 and the other satellites in this global procurement.
The launch is scheduled for late 2014 or early 2015 from Cape Canaveral, Florida and will use SpaceX's Falcon 9 rocket.
Satelites Mexicanos (Satmex) is a provider of fixed satellite services (FSS) in the Americas, with coverage of more than 90 percent of the population of the region across more than 45 nations and territories.
A unit of The Boeing Company, Boeing Defense, Space & Security is a defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and a manufacturer of military aircraft.
SpaceX designs, manufactures and launches rockets and spacecrafts.
Asia Broadcast Satellite (ABS) is a satellite operator. ABS offers a complete range of solutions including direct-to-home (DTH) and cable TV distribution (CATV), cellular backhaul, VSAT and Internet backbone services with diverse IP transit through its European and Asian internet gateways.
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