Printer Friendly

SES and EuroSkyPark sign new capacity agreement for the ASTRA 3B satellite at 23.5A[degree sign] East.

M2 EQUITYBITES-September 15, 2014-SES and EuroSkyPark sign new capacity agreement for the ASTRA 3B satellite at 23.5A[degree sign] East

(C)2014 M2 COMMUNICATIONS http://www.m2.com

Satellite operator SES (Paris:SESG.PA)(LuxX:SESG)(NYSE:SESG) and EuroSkyPark GmbH (ESP), a provider of stationary and mobile satellite connection solutions for industrial clients, announced on Friday the signing of a comprehensive partnership agreement which provides for greater technical cooperation between both companies.

This agreement gives ESP long-term access to Ku-band capacities on SES' powerful ASTRA 3B satellite at the orbital position 23.5[degree sign] East.

As a part of this agreement, SES TechCom will provide ESP with ground infrastructure, as well as offer its services and know-how for the continued development of ESP's solutions, such as system design and testing. In return, SES will receive access, through ESP's systems and turnkey solutions, to the growing, dynamic market of secure satellite communications, security and surveillance solutions for industrial clients.

Reportedly, ESP, an affiliated company of Global Sky Park, intends to use to the additional capacities for key clients in the energy sector.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2014 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Sep 15, 2014
Words:195
Previous Article:Exelis awarded USD8.0m US Army order for night vision equipment.
Next Article:United States Steel announces US Army Corps of Engineers' final approval for expansion of Minntac facility.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters