SPACE SYSTEMS/LORAL-BUILT SATELLITE FOR TELESAT DELIVERED TO BAIKONUR LAUNCH BASE


Palo Alto, Calif. – April 18, 2012 – Space Systems/Loral (SS/L), the world’s leading provider of commercial satellites, today announced that the Nimiq 6 satellite, designed and built for Telesat, one of the world’s leading satellite operators, has arrived at the Baikonur Space Center in Kazakhstan, where it will be launched aboard a Proton Breeze M vehicle provided by International Launch Services (ILS).

“It takes more than a million man hours and hundreds of engineers and technicians working together as a team to build a satellite like Nimiq 6,” said John Celli, President of Space Systems/Loral. “We are very pleased to have delivered Nimiq 6 to the launch base. This is a state-of-the art spacecraft that will enable Telesat to provide its customer, Bell TV, with improved performance to meet the growing demand for direct-to-home television in Canada.”

Nimiq 6 is designed to provide a broad range of advanced video services to Bell TV’s subscribers, including high-definition and other specialty video offerings. The satellite is based on the highly reliable 1300 platform and will be positioned at 91.1 degrees West longitude. It has 32 Ku-band transponders which are fully contracted to Bell TV for 15 years.

“Telesat is very pleased with Space Systems/Loral’s strong execution on the construction and delivery of the Nimiq 6 satellite,” said Dan Goldberg, President and Chief Executive Officer of Telesat. “Nimiq 6 will allow Telesat’s longstanding customer, Bell TV, to offer improved performance to its subscribers throughout all of Canada. Now that Nimiq 6 has safely arrived in Baikonur, we look forward to its launch with ILS next month and the start of commercial service.”

 

About Telesat
Telesat is a leading global fixed satellite services operator providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, the company's state-of-the-art fleet consists of 12 satellites and the Canadian Ka-band payload on ViaSat-1, plus one satellite preparing for launch and another under construction. Telesat also manages the operations of additional satellites for third parties. Privately held, Telesat's principal shareholders are Canada's Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ: LORL).

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. For more information, visit Loral’s Web site at www.loral.com.  LORL-G

Contact:
Wendy Lewis
Space Systems/Loral
650-852-5188