The agreement was signed by N.N. Sevastiyanov, Energia's president and chief designer, V.E. Belov, Intersputnik's director general.

In a joint news release, the parties said they intend to interact in both the design and manufacture of telecom satellites, and on delivering those spacecraft to Intersputnik's geostationary orbital slots.

Energia is the leading space-system engineering organization in the Russian Federation and one of the major designers and manufacturers of spacecraft, space modules and systems.

Energia's Yamal bus is flight-tested as part of Yamal-100 and Yamal-200 geostationary spacecraft, which have been operational since 1999 and 2003 respectively. The BelKA observation satellite ordered by the Republic of Belarus is being processed at the Baikonur Cosmodrome.

Intersputnik operates an international system of satellite communications and provides telecom services to broadcasters, telecom operators and corporate customers via a fleet of geostationary satellites.

Under a long-term partnership with Russian Satellite Communications Company, Intersputnik offers satellite resources on Express-A and Express-AM series satellites.

Intersputnik is an official distributor of satellite resources and services of Eutelsat. It also markets and sells Gascom's satellite capacity in the international market. Intersputnik is a co-founder of the Lockheed Martin Intersputnik joint venture and provides services via the LMI-1 spacecraft.

Intersputnik's customers include government and private companies in more than 40 countries.

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