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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


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.

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Publication:M2 EquityBites (EQB)
Date:Sep 15, 2014
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