WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that the BSAT-4b satellite, built for Broadcasting Satellite System Corporation (B-SAT), successfully launched today and is performing according to plan.
BSAT-4b deployed its solar arrays and began receiving and sending signals following a launch aboard an Ariane 5 rocket from the Arianespace launch base in Kourou, French Guiana. On August 16, 2020, BSAT-4b will begin firing its thrusters to begin its journey to its final geosynchronous orbit at 110 degrees East longitude.
Once in service, BSAT-4b will function as a back-up geostationary satellite to BSAT-4a, also built by Maxar, and co-located at 110 degrees East longitude. Maxar completed manufacturing both BSAT-4a and BSAT-4b well ahead of schedule.
“BSAT-4b is the second high-performance direct broadcasting satellite that Maxar has built and delivered to B-SAT in the past three years,” said Megan Fitzgerald, Maxar’s Senior Vice President of Space Program Delivery. “Built on Maxar’s industry-leading 1300-class bus, BSAT-4b will bring high-value information and entertainment to the people of Japan for years to come.”
BSAT-4b is equipped with 24 Ku-band transponders and weighs 3,530 kg. It is designed to provide service for 15 years or longer and is based on the world’s most popular commercial communications satellite platform, Maxar’s 1300-class bus, which is used by more than 90 active commercial GEO communication satellites today.
“Working with Maxar on BSAT-4a and BSAT-4b has exceeded our expectations; during the process of building and integrating both satellites, Maxar has consistently delivered high-quality work ahead of schedule,” said Tatsuhiko Inoue, B-SAT's President and CEO. “We look forward to continuing our relationship with Maxar in the future.”
Maxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure. We deliver disruptive value to government and commercial customers to help them monitor, understand and navigate our changing planet; deliver global broadband communications; and explore and advance the use of space. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost effectiveness. Maxar’s 4,000 team members in 20 global locations are inspired to harness the potential of space to help our customers create a better world. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.
Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this presentation.
Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this presentation. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with U.S. securities and Canadian regulatory authorities, which are available online under the Company's EDGAR profile at www.sec.gov, under the Company's SEDAR profile at www.sedar.com or on the Company's website at www.maxar.com.
The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.