Eutelsat Communications (Paris:ETL) (Euronext Paris: ETL) and Ovzon AB have entered into a long-term agreement for the provision of satellite control services following a competitive bidding process involving all major satellite operators.
Under the agreement, Eutelsat will ensure the control of Ovzon-3, the first satellite procured by Ovzon, over its full operational life. The agreement reinforces a long-standing cooperation between Ovzon and Eutelsat, where Ovzon has operated capacity on a number of Eutelsat satellites since 2012.
Ovzon-3 is a powerful geostationary satellite with multiple high-performance steerable beams and a revolutionary newly developed On Board Processor. To be launched in the fourth quarter of 2021, it will address the mobile connectivity segment.
Executive Comments
Magnus René, CEO of Ovzon AB, said, “Ovzon’s current service offering, through leased capacity, will be significantly expanded with the launch of our new satellite, Ovzon-3, in 2021. Ovzon-3 will provide dramatically enhanced performance and functionality and is an important step to further revolutionize mobile broadband by satellite, offering the highest bandwidth with the smallest terminals. We are delighted to rely on the expertise of Eutelsat to assure the operation of Ovzon-3. Eutelsat shares our vision to bring high performance mobile broadband to users unserved by terrestrial infrastructure.”
Arlen Kassighian, Director of Satellites Engineering and Operations at Eutelsat Communications, added, “We are proud to build on our long term relationship with Ovzon and to be entrusted with the operation of Ovzon-3. The award of this contract is a testimony to the skills and reliability of Eutelsat’s satellite service teams, and demonstrates our ability to provide a diversity of support services to our customers in the commercial and government services fields.”