Intelsat Signs Up for Satellite Refueling Service Space News
Satellite fleet operator Intelsat has agreed to be the inaugural customer for a novel system to refuel satellites in orbit being developed by MDA Corp. of Canada, agreeing to purchase one-half of the 2,000 kilograms of fuel that the spacecraft would carry into orbit for other satellites, industry officials said March 14.
SES, Intelsat Asking Lawmakers to RethinkÂ Launch Ban on China, India Space News
The world’s two largest commercial satellite fleet operators, Intelsat and SES, have joined forces to try to persuade Washington policymakers that China and India should be permitted to launch U.S. commercial satellites, according to officials from both companies.
The two companies have secured the full support, if not the active involvement, of the largest U.S. builder of commercial telecommunications spacecraft, Space Systems/Loral, said Patrick DeWitt, Loral’s president.
Intelsat, Ltd., the worldâ€™s leading provider of fixed satellite services, today provided further details with respect to its current fleet investment plan, which is expected to result in a significant improvement in the types and quantities of satellite capacity available to media, networking and government customers in the Asia-Pacific region.
Intelsat, Ltd. reported revenue of $608.8 million and a net loss of $524.2 million for the three months ended December 31, 2008. The net loss includes non-cash charges of $326.8 million for orbital location impairments and $186.6 million for a loss on undesignated interest rate swaps. The company also reported Intelsat, Ltd. EBITDAii, or earnings before interest, taxes and depreciation and amortization, of a loss of $71.1 million. New Bermuda Adjusted EBITDAii was $459.5 million, or 75 percent of revenue, for the three months ended December 31, 2008.