TRADE MISSION WITH VISIT TO SPACE SYSTEMS/LORAL
Palo Alto satellite manufacturer highlights importance of
Norwegian companies in space industry
Palo Alto, Calif. – November 3, 2011 – Space Systems/Loral (SS/L) today announced that His Royal Highness Crown Prince Haakon of Norway, accompanied by the Minister of Research and Higher Education, Tora Aasland; the Minister of Trade and Industry, Trond Giske; and Norway’s Ambassador to the United States , Wegger Chr. Strömmen, visited the SS/L satellite manufacturing facility in Palo Alto, Calif., on October 26. John Celli, president of SS/L, met with the Norwegian dignitaries in order to highlight the company’s collaboration with Norwegian companies and its importance as a driver of research and development in Silicon Valley.
Space Systems/Loral, the world’s leading provider of commercial satellites, is building an advanced communications satellite, THOR 7, for Telenor Satellite Broadcasting (TSBc). When THOR 7 is launched, the multi-mission spacecraft will expand broadcasting services in Europe and provide necessary satellite broadcast growth capacity for services including HDTV and 3DTV, specifically within Central and Eastern Europe. It will also help meet the growing demand for high-bandwidth broadband communications within the maritime sector and serve TV, shipping, oil industry, and broadband needs in Europe and Middle East.
“It was an honor to meet with His Royal Highness Crown Prince Haakon of Norway and his delegation,” said John Celli, president of SS/L. “During the tour of our manufacturing facility, we discussed the importance of satellite technology and how the world continues to improve the way we share information. We are very pleased to work with important Norwegian companies both as customers and suppliers.”
In addition to its work with TSBc, SS/L has a long history of working with Norspace, a Norwegian supplier of Telemetry Command and Ranging (TC&R) equipment. Norspace has provided extremely accurate and reliable electronic equipment for SS/L-built satellites for more than 10 years, and the company will provide all of the TC&R equipment for TSBc’s THOR 7.
The Crown Prince and ministers were in the Silicon Valley to participate in Transatlantic Science Week, which is a forum for politicians, researchers, and leaders working within the fields of higher education, research, and innovation in the U.S. and Norway. In addition to visiting Space Systems/Loral, members of the delegation also visited other Silicon Valley high tech companies including Apple and Facebook.
Over its more than 50-year history, Space Systems/Loral has built approximately 240 satellites. There are currently 66 SS/L-built satellites orbiting in the geostationary arc, which is 22,300 miles above Earth.
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. For more information, visit Loral’s Web site at www.loral.com. LORL-G