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SSL SELECTED FOR NASA PROJECT TO DEVELOP ROBOTIC ON-ORBIT SATELLITE ASSEMBLY

PALO ALTO, Calif.December 10, 2015 — Space Systems Loral (SSL), a leading provider of commercial satellites, today announced that it has been selected by the National Aeronautics and Space Administration (NASA) for a multi-million dollar contract to develop on-orbit robotic satellite assembly technology.  The project is part of NASA’s Tipping Point initiative to work with industry to advance the goals for robotic and human exploration of the solar system through the development of critical space technologies.

Backed by the robotics expertise and heritage of MDA, SSL will partner with NASA researchers to develop systems that will benefit both government and commercial spacecraft.

“NASA’s Tipping Point program enables SSL to qualify new technologies for the commercial market while at the same time providing advances for future NASA missions,” said John Celli, president of SSL. “Satellites assembled on-orbit using our integrated robotics capability will be capable of higher performance than satellites that can be launched today. An added benefit will be antennas that can be moved and changed during a satellite’s mission life for flexibility and to accommodate changing market requirements.” 

SSL is the only US manufacturer with the ability to build on robotics technologies proven on the Space Shuttle, the International Space Station and the Mars lander and rovers, and to fully integrate that technology with its world leading communications satellite platform.

The Tipping Point program builds on SSL’s DARPA funded Dragonfly study to take the concept to a ground demonstration. A separate contract award to take the project to a flight demonstration would be required. The Tipping Point selection positions SSL well as a leader in technologies and systems for more complex in-orbit assembly as part of a future ecosystem that will enable deep space exploration, habitats and missions.

About SSL
Space Systems Loral (SSL), is a leading provider of commercial satellites with broad expertise to support satellite operators and innovative space related missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband Internet, mobile communications, and Earth observation. As a Silicon Valley innovator for more than 50 years, SSL’s advanced product line also includes state-of-the-art small satellites, and sophisticated robotics and automation solutions for remote operations. For more information, visit www.sslmda.com.

Forward-Looking Statements
This news release contains forward-looking statements and information, which reflect the current view of Space Systems Loral (SSL) with respect to future events and financial performance.  When used in this news release, the words “believes”, “expects”, “plans”, “may”, “will”, “would”, “could”, “should”, “anticipates”, “estimates”, “project”, “intend” or “outlook” or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. Known risks and uncertainties include but are not limited to: risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; risks associated with satellite manufacturing, including competition, cyclicality of SSL’s end-user markets, contractual risks, creditworthiness of customers, performance of suppliers and management of SSL’s factory and personnel; risk associated with financial factors such as volatility in exchange rates, increases in interest rates, restrictions on access to capital, and swings in global financial markets; risks associated with domestic and foreign government regulation, including export controls and economic sanctions; and other risks, including litigation. The foregoing list of important factors is not exhaustive. The information contained in this news release reflects SSL’s beliefs, assumptions, intentions, plans and expectations as of the date of this news release. Except as required by law, SSL disclaims any obligation or undertaking to update or revise the information herein.

Media Contact:

SSL
Wendy Lewis
Director of Communications
Wendy.Lewis@sslmda.com
+1 (650) 852-5188