Space Systems/Loral (SS/L) ( NASDAQ : LORL ), the world's leading provider of high-power commercial satellites, today announced that it was selected to provide a direct broadcast satellite (DBS) to an affiliate of DISH Network ( NASDAQ : DISH ). The satellite, EchoStar XVIII, is designed to provide exceptional sparing flexibility for the DISH Network fleet.
EchoStar Satellite Services L.L.C., a subsidiary of EchoStar Corporation, is providing space program management services to DISH Network for the EchoStar XVIII satellite. These services include managing satellite construction, launch vehicle procurement and integration, in-orbit testing, and delivery. After launch of the satellite, EchoStar will provide spacecraft telemetry, tracking, and control services through its multiple Spacecraft Operation Centers.
"The Space Systems/Loral design for EchoStar XVIII provides unique flexibility that will help us to continue delivering high quality programming and technology to our customers," said Joe Clayton, president and CEO at DISH Network. "Space Systems/Loral and EchoStar have the experience and capability to understand our business objectives and then to work with us to design the best satellite for the mission."
Space Systems/Loral designed EchoStar XVIII based on the SS/L 1300 satellite bus, which is the industry's highest power platform for advanced television services such as high definition television. The satellite will be used by DISH Network to augment its existing fleet and to assure the highest level of ongoing service.
"Space Systems/Loral and EchoStar share a commitment to providing the highest quality service for our customers," said John Celli, president of Space Systems/Loral. "Our companies have worked together closely for many years to help advance the capabilities of satellite television and we are very pleased to have the opportunity to continue this process for our customer, DISH Network."
DISH Network Corporation ( NASDAQ : DISH ), through its subsidiary DISH Network L.L.C., provides approximately 14.061 million satellite TV customers, as of June 30, 2012, with high quality programming and technology, including HD Free for Life. Subscribers enjoy more than 200 national HD channels, a large selection of international channels, and award-winning HD and DVR technology. DISH Network Corporation's subsidiary, Blockbuster L.L.C., delivers family entertainment to millions of customers around the world. DISH Network Corporation is a Fortune 200 company. Visit www.dish.com.
EchoStar Corporation ( NASDAQ : SATS ) is a premier global provider of satellite operations and video delivery solutions. EchoStar's wholly-owned subsidiary, Hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries.
Headquartered in Englewood, CO, with additional business units world-wide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the TV and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors. Over the last three decades EchoStar's contribution to video technology has been a major influencer to shifts in the way consumers view, receive and manage TV programming.
EchoStar's consumer solutions include HughesNet(R), North America's #1 high-speed satellite Internet service, Sling Media's Slingbox(R) products, and EchoStar's line of advanced digital video products for the European free satellite and terrestrial viewer markets.
For more information, please visit www.echostar.com.
About Space Systems/Loral
Space Systems/Loral, a subsidiary of Loral Space & Communications ( NASDAQ : LORL ), has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As the world's leading provider of commercial satellites, the company works closely with satellite operators to provide spacecraft for a broad range of services including television and radio distribution, digital audio radio, broadband Internet, and mobile communications. Billions of people around the world depend on SS/L satellites every day. For more information, visit www.ssloral.com.
About Loral Space & Communications
Loral Space & Communications is a satellite communications company. Through its Space Systems/Loral subsidiary, the company is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring, and air traffic management. Loral also owns 64 percent of Telesat, one of the world's largest providers of satellite services. Telesat operates a fleet of telecommunications satellites used to broadcast video entertainment programming, distribute direct-to-home video and broadband data services, and other value-added communications services. On June 26, 2012, Loral announced that it had entered into a definitive agreement to sell Space Systems/Loral to MacDonald, Dettwiler and Associates Ltd. ( TSX : MDA ). The closing of the transaction is subject to regulatory and other customary closing conditions. For more information, visit Loral's Web site at www.loral.com.