AssureSat picks Space Systems/Loral to build two high-powered satellites for unique new in-orbit backup service; AssureSat also to provide backup protection to Loral Skynet.

0 Comments | M2 Presswire, May, 2000

M2 PRESSWIRE-4 May 2000-LORAL SPACE & COMMUNICATIONS: AssureSat picks Space Systems/Loral to build two high-powered satellites for unique new in-orbit backup service; AssureSat also to provide backup protection to Loral Skynet (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:03052000 EL SEGUNDO, CA, and NEW YORK, NY -- AssureSat, Inc., has awarded a contract to Space Systems/Loral, a subsidiary of Loral Space & Communications, to build two high-powered, specially designed satellites, it was announced today.

With these new geostationary satellites, AssureSat will launch the first in-orbit backup protection service for the world's geostationary fixed satellite service (FSS) communications satellite operators, beginning in 2002. Under separate agreements,...

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