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One Stop Satellite Solutions Selected as State Winner of the Blue Chip Enterprise Award.


Business Editors

OGDEN, Utah--(BUSINESS WIRE)--Aug. 16, 2000

One Stop Satellite Solutions, Inc. (OSSS OSSS One Stop Satellite Solutions
OSSS Operational Space Services and Support
OSSS Officer Selection Support System
OSsS Brigittine Monks Order of the Most Holy Savior
OSSS One Stop Security Shop
OSSS Open Source Security Summit
), has been selected as a State Winner (Utah) of The Blue Chip Enterprise Award Year 2000 Competition. Dale Richards, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of OSSS, made the announcement, noting "we are thrilled to receive this recognition from the BCEA, as it recognizes the hard and dedicated work that has been carried out by our team in the past year as we prepare for our March 2001 launch."

The Award is co-sponsored by The MassMutual Financial Group and the United States Chamber of Commerce The United States Chamber of Commerce is the world's largest not-for-profit business federation, representing
  • 3,000,000 businesses (via its Federation of local chambers and association members. Actual direct membership is several tens of thousands.
. It recognizes small businesses that have overcome challenges, seized opportunities, creatively utilized resources and achieved success. Since its inception in 1990, the BCEA program has recognized nearly 2,000 small businesses nationwide.

OSSS is a four-year old company that has commercialized the technology under development for 15 years at the Center for Aerospace Technology (CAST) at Weber State University Weber State University is a public university located in the city of Ogden in Weber County, Utah, USA. History
Weber State University was founded by The Church of Jesus Christ of Latter-day Saints as the Weber Stake Academy in 1889; like Weber County and the Weber River,
. OSSS' mission is to provide its customers with low cost, high-quality small satellites for more effective access to space. OSSS and CAST have successfully designed, engineered and manufactured eight low earth orbit (communications) low earth orbit - (LEO) The kind of orbit used by communications satellites that will offer high bandwidth for video on demand, television, and Internet communications.  (LEO) satellites in the 100 to 500 pound class. OSSS' proprietary technology provides attitude control that is more precise and less complex to operate than any other small satellite system on the market.

The company recently announced that it has signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  with International Space Company (ISC) Kosmotras, of Moscow, Russia, and Thiokol Propulsion of Brigham City, Utah, outlining the planned cooperation of all three entities in small-satellite integration management. This memo of understanding assures OSSS of specific launch capabilities for its small satellite payloads, which will enable the company to provide cost-efficient small satellite services for universities and other commercial clients that might otherwise find costs prohibitive.

In March 2001, OSSS will launch with payloads that will include a satellite to demonstrate the low-cost space technologies developed by OSSS. The company's first satellite, JAWSAT, was designed and built for the Air Force STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;.  program. It successfully launched 11 experimental satellites into orbit in January 2000.
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Publication:Business Wire
Date:Aug 16, 2000
Words:347
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