MEXICO CITY--(BUSINESS WIRE)--Completing its financial reorganization in May 2011, Satmex has a solid foundation from which it will launch its new, fully funded Satmex 8 satellite service operations beginning in the Third Quarter 2012.
Sharing its success with many of its primary clients, Satmex invited interested parties to facilities at Space Systems Loral in Palo Alto, California, where Satmex 8 is being constructed. During the visit, the Company’s clients validated that the satellite’s construction is progressing on schedule and is ready to enter into the test phase of the program.
“I would like to thank Satmex for hosting the event in San Francisco and for arranging an excellent and cordial atmosphere,” said Zafar Khan, Vice President Systems & Space Engineering, MTN SATELLITE COMMUNICATIONS. “The visit was a great chance to meet up with the team and view the upcoming satellite launch timelines and updates. We look forward to working with Satmex on this and many future projects and want to convey our best wishes for this important project.”
“It was an honor to welcome so many of our valued clients to our manufacturing facility and to confirm their interest in the Satmex 8 program,” added Rob Turner, Satmex 8 Program Executive Director. “We are also very pleased to contribute to the essential role Satmex plays in providing communications services to the Americas.”
“All of us at Satmex are very pleased to share this new phase of growth and development with our clients, celebrating a strong start with the launch of Satmex 8 and anticipating many more exciting ventures. The new satellite affords us the opportunity to offer new capacities, excellent coverage and high power levels that will translate into competitive advantages and significant efficiencies for all of our clients,” said Javier Recio, Satmex Vice President of Sales.
Satmex 8 is based on a SS/L 1300E platform. It will be located in 116.8°W and will consist of 64 transponders with C band and Ku band covering the entire American continent.
To see pictures of the Palo Alto event, please click on the following link: http://www.satmex.com/satmex.php?sid=104
Satélites Mexicanos, S.A. de C.V. (Satmex) is a significant provider of fixed satellite services (FSS) in the Americas, with coverage of more than 90% of the population of the region across more than 45 nations and territories. As one of only two privately-managed FSS provided based in Latin America, Satmex (together with its predecessors) has designed, procured, launched and operated three generations of satellites during a period of over 25 years. Satmex’s current fleet is comprised of three satellites in highly attractive, contiguous orbital slots that enable its customers to effectively serve its entire coverage footprint utilizing a single satellite connection.
Safe Harbor and Forward-Looking Statements
This press release contains forward-looking statements. All forward-looking statements reflect Satmex’s current analysis of existing facts and information and represent Satmex’s judgment only as of this date.