Wednesday, July 31, 2013

O3b Takes Control of First Satellites as in Orbit Testing Successfully Completed

ST. HELIER, Jersey, Channel Islands. - Wednesday, July 31st 2013 [ME NewsWire]

(BUSINESS WIRE) O3b Networks today announced that its first 4 satellites have successfully cleared in-orbit testing (IOT) following their launch in June. The company has now taken over control and operation of the satellites from their manufacturer Thales Alenia Space.

The Ka-band satellites are in a unique medium earth orbit of 8062km above the earth, in order to minimize latency.

O3b is scheduled to launch its next 4 satellites on September 30. The company will formally launch its commercial service later in the year.

A third four-satellite launch is planned for 2014.

Jean Loic Galle, CEO of Thales Alenia Space, said: "We are very pleased to celebrate the in orbit acceptance of the first four O3b satellites. With the upcoming 4 additional satellites to be launched at the end of September, we wish great success to O3b Networks in the development of its business. This major milestone confirms our expertise in constellations and reinforces Thales Alenia Space's world leading position for telecom constellations in medium and low Earth orbit".

Brian Holz, O3b CTO said: "The handover was successfully completed ahead of schedule. Performance of all 4 spacecraft has been outstanding with all link parameters at or above specification. Thanks to the great work of the O3b and Thales teams, we can now look forward to our second launch with great confidence."

About O3b Networks Limited

O3b Networks Limited (www.o3bnetworks.com) is a global satellite service provider building a next-generation satellite network for telecommunications operators, Internet service providers, enterprise and government customers in emerging markets. The O3b system will combine the global reach of satellite with the speed of a fiber‐optic network providing billions of consumers and businesses in nearly 180 countries with low‐cost, high‐speed, low latency Internet and mobile connectivity. O3b Networks’ investors include SES, Google, Liberty Global, HSBC Principal Investments, Northbridge Venture Partners, Allen & Company, Development Bank of Southern Africa, Sofina, Satya Capital and Luxempart. O3b Networks is headquartered in St. Helier, Jersey, Channel Islands.

Contacts

Brunswick PR

Marleen Geerlof, Chris Buscombe

Tel: + 44 (0)207 404 5959

E-mail: O3b@brunswickgroup.com

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