Boeing [NYSE: BA] will build four more 702MP satellites for Intelsat S.A., furthering its role as the initial manufacturer of Intelsat’s new high-performance satellite fleet, Intelsat EpicNG. The 702MPs will deliver reliable, affordable and high-capacity data transmission that Intelsat customers can tailor to their needs.
"Intelsat became our first customer for the 702MP in 2009, and we are thrilled that our satellite will carry the Intelsat EpicNG high-throughput platform," said Craig Cooning, vice president and general manager of Boeing Space & Intelligence Systems. "We are committed to providing the same level of quality, on-time performance with this new order that we achieved with our prior Intelsat deliveries."
The first EpicNG satellite, Intelsat 29e, was the fourth spacecraft and the last one still in production from Intelsat's previous order. It is on track for launch in 2015 and will serve the Americas and the North Atlantic. The new contract adds four more EpicNG satellites to the Intelsat fleet, starting with Intelsat 33e to be launched in 2016.
"Through the use of exclusive Boeing technology, our forward-thinking EpicNG design allows us to offer a highly differentiated service for our customers, enabling them to establish their network architecture for the next decade," said Dave McGlade, Intelsat chairman and chief executive officer. "Today's agreement will allow us to implement further our global vision for the EpicNG fleet, delivering the most efficient satellite solutions over an open architecture, backward compatible platform for a range of fixed and mobile mission-critical customer applications. We are pleased to rely on Boeing for this next phase of our collaboration."
Intelsat (NYSE: I) is the leading provider of satellite services worldwide. For over 45 years, Intelsat has been delivering information and entertainment for many of the world's leading media and network companies, multinational corporations, Internet service providers and governmental agencies. Intelsat's satellite, teleport and fiber infrastructure is unmatched in the industry, setting the standard for transmissions of video, data and voice services. From the globalization of content and the proliferation of HD, to the expansion of cellular networks and broadband access, with Intelsat, advanced communications anywhere in the world are closer, by far.
Source: The Boeing Company (NYSE: BA)
Date: May 10, 2013