Orbital ATK signs Intelsat as first satellite servicing customer | SpaceNews.com
COLORADO SPRINGS, Colo. — Orbital ATK has signed Intelsat as its first customer for a revived satellite life extension program as part of the company’s ambitions to create a growing market for satellite servicing for commercial and government customers.
At a press conference during the 32nd Space Symposium here, Orbital ATK said it has also established a new subsidiary to handle its satellite servicing efforts, replacing a joint venture that failed to raise sufficient funding to develop the system.
“About a month ago, Orbital ATK decided to make a substantial investment in commercial satellite in-orbit servicing, because we believe there’s a real market for space logistics,” said Tom Wilson, president of Space Logistics LLC, the new Orbital ATK subsidiary responsible for its satellite servicing efforts.
Sourced through Scoop.it from: spacenews.com