This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ORS-1 Satellite Completes Second Year In Space

Stocks in this article: UTX





CHARLOTTE, N.C., July 1, 2013 /PRNewswire/ -- UTC Aerospace Systems announced today that the ORS-1 satellite has celebrated its second anniversary in space.  ORS-1, the first Operationally Responsive Space satellite specifically designed to support combatant command operations was launched from Wallops Island Flight Facility aboard a Minotaur I launch vehicle on June 29, 2011, at 11:09 p.m. EDT. UTC Aerospace Systems is a unit of United Technologies Corp. (NYSE:UTX).

"The ORS-1 satellite has been meeting or exceeding expectations since its launch and continues to provide daily support to US Central Command and to those tasked to protect our troops and efforts overseas," said Andreas Nonnenmacher, general manager, ISR Systems. "This anniversary marks the satellite's second year of service, and the team is very pleased that ORS-1 has exceeded its mission design life."

Designed, manufactured, integrated and tested by ISR Systems in Danbury, CT, ORS-1 is a 500Kg class satellite that is providing a warfighting advantage.  In recognition of its importance, ORS-1 has garnered numerous commendations, including:

  • C4ISR Journal - one of the nation's 25 most important concepts
  • Aviation Week - one of four finalists nominated for the prestigious Laureate Award in the Space category
  • AIAA - nominated for the Space Systems Award
  • National Space Club - nominated for the General Bernard Schriever Award
  • AOC – earned 2012 Mission Sustainment Integrated Product Team Award

Initiated to fulfill requirements from the Commander of US Strategic Command (USSTRATCOM) to support US Central Command (USCENTCOM), the satellite went from the drawing board to delivery in 30 months.  Less than 90 days after launch, ORS-1 earned early COCOM acceptance and has been satisfying the mission needs of USCENTCOM and others ever since.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs