| JSAT Corporation (President and CEO: Kiyoshi Isozaki; Headquarters: Chiyoda-ku, Tokyo; “JSAT”) today announced the planned launch of the Horizons-2 satellite. The satellite was jointly purchased through Horizons-2 Satellite LLC, a joint venture between JSAT and Intelsat (Headquarters: Bermuda). Details are as follows:
Horizons-2 is the second satellite to be owned jointly with Intelsat, following Horizons-1, which was launched into its 127° West longitude orbital slot in October 2003. Plans call for Horizons-2 to be launched in the second half of 2007 into an orbital slot at 74° West longitude. Horizons-2 is the successor spacecraft to the Intelsat-owned SBS-6 satellite, currently in orbit at 74° West longitude, and provides the high power necessary to respond to growing demand in the U.S. for High-Definition broadcasting and data transmission.
In a separate move, JSAT has also agreed with Intelsat on ownership of certain transponders on the new Intelsat 15 (IS-15) satellite, due to come into operation in 2009. These initiatives will serve to promote joint operations covering a wide area from North America to Asia, the Indian Ocean, the Middle East, and elsewhere. |