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TheStreet Open House

GeoMetWatch Partners With AsiaSat To Launch Advanced Severe Weather Payload

NORTH LOGAN, Utah and HONG KONG, April 3, 2013 /PRNewswire-USNewswire/ -- Asia Satellite Telecommunications Company Limited (AsiaSat) and GeoMetWatch Corp today announced that the two companies have entered into a strategic partnership to host the first of six Sounding & Tracking Observatory for Regional Meteorology (STORM TM) instruments on board a new satellite planned to be launched by AsiaSat in 2016.

"We are pleased to have reached this cooperation agreement with GeoMetWatch. We are excited to take part in this ground breaking project that will provide advanced data to improve weather forecasting, natural disaster monitoring and climate modeling. This new partnership with GeoMetWatch will open up new opportunities to expand our satellite services into new areas, and allow us to explore a new source of revenue for the company," said William Wade, President and Chief Executive Officer of AsiaSat.

"GeoMetWatch's partnership with AsiaSat is a significant step towards the implementation of our global geostationary hyperspectral sounder constellation. The first STORM™ sensor will provide unprecedented atmospheric and weather data over Asia and the Pacific region, for which we have already had significant interest to purchase the data when available," said David Crain, Chief Executive Officer of GeoMetWatch. "For the past 25 years, AsiaSat has been the preeminent satellite operator in Asia and we are pleased that our first STORM™ hyperspectral sounder will be hosted on their satellite."

Planned for launch in 2016 and to be positioned at 122 degrees East, this new AsiaSat satellite will host the first hyperspectral STORM™ sensor that will collect and return to Earth sophisticated and critical weather data not currently available. This hyperspectral data will enable meteorologists to provide better daily forecasts, predict severe weather and atmospheric instability more accurately, and improve location and storm tracking and analysis of the intensity of hurricanes and typhoons, resulting in earlier evacuations that can improve the preservation of lives and property.

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