Loral Ships Telstar 14 To Sea Launch

SPACEMART

New York - Nov 25, 2003
Space Systems/Loral, a subsidiary of Loral Space & Communications, today announced that it has shipped the Telstar 14/Estrela do Sul 1 satellite to the Sea Launch Home Port in Long Beach, Calif., where it is being prepared for an early January 2004 launch.

"Telstar 14/Estrela do Sul 1 will become the backbone of Loral's fixed satellite services business in Latin America," said Terry Hart, president, Loral Skynet. "With this new satellite, Loral will have the capability to offer its customers unique coverage patterns in Brazil and Latin America and will be the first Brazilian operator to offer its own Ku-band service to Brazil."

Telstar 14/Estrela do Sul 1 will carry 51 Ku-band (36 Mhz equivalent) transponders with five unique and interconnecting coverage beams. More than fifty percent of the satellite's power will be dedicated to Brazil, providing dedicated Ku-band solutions for the Brazilian marketplace from its 63 degrees West longitude orbital slot.

The satellite's other beams will cover the Americas and the North Atlantic Ocean, where Connexion by Boeing will use the satellite to enable its Internet-to-aircraft service. The satellite will support business applications such as broadcast video and cable programming, Internet backbone connectivity, VSAT data and other telecommunications services.

The satellite will be lifted into orbit by a Sea Launch Zenit-3SL rocket from the Odyssey Launch Platform positioned on the equator in the Pacific Ocean.

Telstar 14/Estrela do Sul 1 was manufactured for Loral Skynet do Brasil by Space Systems/Loral (SS/L). SS/L is a premier designer, manufacturer and integrator of powerful satellites and satellite systems and also provides a range of related services that include mission control operations and procurement of launch services.

Based in Palo Alto, Calif., the company has an international base of commercial and governmental customers whose applications include broadband digital communications, direct-to-home broadcast, defense communications, environmental monitoring, and air traffic control.

On July 15, 2003, Loral and certain of its subsidiaries filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code. Loral intends to reorganize around its international satellite fleet, which includes Telstar 14/Estrela do Sul 1, and its manufacturing businesses and is in the process now of preparing its formal plan of reorganization. Telstar 18, offering services to a large portion of Asia, is set to launch in the second quarter of 2004, bringing the total number of satellites in the international fleet to five.

SPACEMART

Taxpayer Watchdog Names Boeing 'Corporate Turkey of the Year'

Washington - Nov 24, 2003
Citizens Against Government Waste (CAGW) presented the Boeing Corporation Thursday with its first annual "Corporate Turkey of the Year Award" in recognition of a year of unparalleled corporate scandal, waste, and abuse. The award is given to corporations that receive government bailouts, abuse federal contracts, and risk taxpayer dollars.

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