Orbital-Built KOREASAT 6 Commercial Communications Satellite Successfully Launched
Orbital Sciences Corporation (NYSE:ORB), one of the world’s leading space technology companies, announced today that the KOREASAT 6 (K6) satellite, built by the company in partnership with Thales Alenia Space for KT Corporation of the Republic of Korea, was successfully launched into geosynchronous transfer orbit aboard an Ariane 5 rocket originating from Kourou, French Guiana. The mission began yesterday, December 29, with the lift-off of the Ariane 5 space launch vehicle at approximately [4:26 p.m. (ET)]. The satellite successfully separated from the Ariane rocket’s final stage approximately [34 minutes] after launch.
For the K6 satellite program, Orbital was responsible for the spacecraft design, manufacture, integration and test. Spacecraft assembly and testing took place at Orbital’s satellite production and test facility in Dulles, VA. Thales Alenia Space served as the prime contractor for the project, providing the communications payload and delivering the K6 satellite to the customer. In addition, both Thales Alenia Space and Orbital contributed to the design and delivery of an associated ground segment.
Mr. Christopher Richmond, Orbital’s Senior Vice President and head of its commercial satellite unit, said, “Along with our Thales Alenia Space partners on the KOREASAT 6 program, we are very pleased with the early results of the mission following another successful launch by Arianespace. The K6 satellite is the second joint satellite program on which we have collaborated with Thales Alenia Space, following the successful partnership on the AMC-21 spacecraft for SES World Skies. The relationship has proven to be successful not only for our two companies, but also for our customers as well, with the timely delivery and reliable operation of our spacecraft.”
Following a several week in-orbit check-out period, the K6 satellite will be transitioned to its orbital slot at 116 degrees East Longitude. Based on Orbital’s STAR-2 platform, the spacecraft carries 30 active Ku-Band channels to provide Direct Broadcast Services (DBS) and Fixed Satellite Services (FSS) to the people of Korea. The spacecraft will provide 3.4 kilowatts of payload power and is designed for a 15-year on-orbit mission life.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV