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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: alburk who wrote (5348)	2/15/1999 8:46:00 AM
From: brian h	Read Replies (1) \| Respond to of 10852

Andrew and all, Go LOR! NEW YORK--(BUSINESS WIRE)--Feb. 15, 1999--Telstar 6, Loral Skynet's newest broadcast video and data communications satellite, was successfully launched to a geosynchronous transfer orbit at 6:54AM U.S. Eastern Time today from the Baikonur Cosmodrome in the Republic of Kazakhstan. Telstar 6 will be located at 93 degrees West longitude. When it enters service in late March, it will be one of the most sophisticated and powerful communications satellites available to broadcasters and program distributors in North America, covering the continental United States, Puerto Rico, the Caribbean, and portions of Canada and Latin America. "The successful launch of Telstar 6 is a significant milestone in our strategic plan to expand our fleet and provide our customers with more capacity and flexibility," said Terry Hart, president of Loral Skynet. "The state-of-the-art Telstar 6 satellite will provide our broadcasting, education and news gathering customers with the clearest, and most interference-free broadcast video and data communications transmissions available in the industry today." Manufactured by Space Systems/Loral of Palo Alto, Calif., Telstar 6 was launched aboard a Proton rocket manufactured by Khrunichev State Research and Production Space Center of Moscow, in association with International Launch Services (ILS), a joint venture company of Lockheed Martin Corporation, and Russian companies Khrunichev and RSC Energia. Telstar 6 carries a total of 52 transponders -- 24 at C-band and 28 at Ku-band. Its design is based on SS/L's three-axis, body-stabilized FS-1300 bus, which has proven its worth during more than 275 years of cumulative on-orbit service, close to one-half of the total of 650 plus years amassed by all SS/L satellites to date. The satellite will generate a total of 3200 RF watts of on-board transmitter power. Highly efficient techniques for dissipating thermal energy and for generating and storing electricity, and lightweight composite materials allow for a substantial increase in the spacecraft's abilities with virtually no increase in size and weight. Loral Skynet of Bedminster, N.J., a subsidiary of Loral Space & Communications, is a leading satellite communications services provider that operates the Telstar and Orion satellite fleets. Loral Skynet's satellites provide C-band and Ku-band coverage over the continental United States, Hawaii, Alaska, Puerto Rico and the U.S. Virgin Islands and trans-Atlantic coverage through the Orion 1 satellite. Customers lease transponder capacity to distribute network television programming, to collect live video feeds for the reporting of news and events, and to offer direct-to-home and pay-per-view programming, distance learning, educational, and other business television services. Loral Skynet also provides technical consulting, as well as tracking, telemetry, and control of satellite fleets for a wide variety of customers. For more information, visit Loral Skynet's web site at loralskynet.com. Loral Skynet leads the Loral Global Alliance, which offers its customers the advantages of a worldwide network of satellite capacity currently on the North American Telstar fleet, the trans-Atlantic Orion 1 satellite, on the three-satellite Satelites Mexicanos, S.A. de C.V. (SatMex) fleet, as well as on future Europe*Star satellites. Each Alliance member provides global satellite solutions, while focusing on the local and inter-regional needs within its coverage regions. Brian H.