Ovzon has rescheduled their Ovzon 3 satellite launch to the second quarter of 2022, due to insufficiencies in key components that affect the completion of a large number of other satellites in the industry.
Ovzon 3 has been in production at Maxar in the US since the project was initiated on August 9, 2019, and was planned to launch with Arianespace by the end of 2021.
Maxar has informed Ovzon they are unable to deliver on the original timeline due to delays from subcontractor Honeywell and will, therefore, not be able to meet previously agreed date for delivery to Ovzon. Maxar and Honeywell are working hard and have developed new procedures to minimize these delays.
Ovzon has managed to secure a new launch slot in Q2, 2022, and expect Ovzon 3 to be operational during Q4 2022. Ovzon’s customers have been informed of the rescheduling and continue to be excited about using Ovzon 3 and its best-in-class performance when the satellite has reached its targeted orbital position.
This rescheduling will not affect Ovzon’s current business and deliveries to current and new customers as the company has already strategically secured leased satellite capacity for Ovzon’s expanding SATCOM-as-a-Service offering.