Inmarsat to Purchase Additional Satellite from Boeing

MarineLink.com
Monday, October 07, 2013

Inmarsat, a provider of global mobile satellite communications services, said it has triggered an option to purchase a fourth Inmarsat-5 satellite under its existing contract with Boeing Satellite Systems International, Inc. The program schedule from Boeing has a satellite delivery date of mid-2016.

The fourth Inmarsat-5 satellite will have a dual strategic role. Initially the satellite will serve to provide an early available spare in the unlikely event of a launch failure of any of the first three Inmarsat-5 satellites. As a result, Inmarsat will be able to achieve global service launch for Global Xpress (GX) more rapidly than if a replacement satellite were only commissioned following a launch failure. Where customer commitments and demand for GX requires a global network to be in place, the fourth satellite will therefore insure the global network delivery date and this measure of redundancy is expected to encourage further commitments to GX.

In the event the satellite is not required as a launch spare, Inmarsat is developing an incremental business case to support the launch of the fourth satellite to increase capacity and strategically enhance network coverage.

Rupert Pearce, Inmarsat’s Chief Executive Officer, said, “We have signed multiple presale agreements and received significant expressions of interest, some of which are tied to the completion of global coverage with three satellites. This has encouraged us to not only move to a strategy to physically insure our global service date with a fourth satellite, but also to consider incremental opportunities that have emerged and could drive enhanced returns via the launch of a fourth satellite.

He added, “Our decision announced today reflects the fact that we are already close to incremental opportunities that could justify a fourth satellite, but our highest priority is our coming launch campaign, and we will take time to develop these plans in the coming year.”

Boeing will immediately begin construction of the fourth Inmarsat-5 satellite. The total cost of the option and certain related expenditure will be between $220-250 million. In the event the fourth satellite is required as a spare, the impact on total capital expenditure over the period to 2016 will be broadly neutral as the insurance proceeds from any loss would be expected to cover the construction, launch and insurance costs for the fourth satellite.

Inmarsat said GX will be the first globally available high-speed broadband network. It will offer the unique combination of global coverage from a single operator, consistent higher performance of up to 50Mbps. Based on Ka-band technology, GX will consistently deliver higher performance through more compact terminals at a lower cost than existing VSAT services, making it accessible to many more users.

inmarsat.com
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NAVCENT Commander Recognizes Journey of Hope Sailors

Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship,

NYK Holds 8th Environmental Management Conference

NYK welcomed about 60 environmental supervisors from 47 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this

W&O, LESER Partner to Deliver Safety Relief Valves

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, has partnered with

News

USCG Suspend Search for Crabber Near Anacortes, Wash.

The Coast Guard has suspended the search for a crabber reported overdue near Anacortes, Wednesday. Dean Harvey, 48, of Bremerton, remains missing. Search

Third Strike, Mansour Is Out

The M/V "MANSOUR M" with IMO number 7600586 has been banned for the 3rd time after subsequent detentions after the second refusal of access order in the Paris MoU region.

MHI Completes Development of "Sayaringo STaGE"

Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the "Sayaringo STaGE," a next-generation LNG (liquefied natural gas) carrier. The Sayaringo

Electronics

From Security to Efficiency Modern Vessel Tracking

More so than many other fields of business, the maritime industry is focused on cost, which in turn gives the appearance of being conservative towards technology.

US Navy Evaluating SEWIP for LCS

The U.S. Navy is evaluating a scaled-down version of the Surface Electronic Warfare Improvement Program (SEWIP) system for potential incorporation on future Littoral Combat Ships (LCS),

New Hamburg Süd Ships to Feature Nacos Platinum Systems

L-3 SAM Electronics has announced  that, via its L-3 Marine Systems Korea subsidiary, it has been awarded a contract to provide its NACOS Platinum navigation, automation and control system,

Communication

New Hamburg Süd Ships to Feature Nacos Platinum Systems

L-3 SAM Electronics has announced  that, via its L-3 Marine Systems Korea subsidiary, it has been awarded a contract to provide its NACOS Platinum navigation, automation and control system,

SignalFire Wireless Telemetry Debuts New Product Range

A range of telemetry products that support robust, long-distance wireless communications in challenging, large scale environments such as those found in oil and gas,

Outlook for Bunkering & Marine Lubricants in India

The "4th Annual Conference on the Outlook for Bunkering and Marine Lubricants in India" will be held on Thursday, December 4, 2014 at the Hotel Vivanta by Taj-President, Cuffe Parade, Mumbai.

SatCom

MSC Cruises Advance Onboard Wi-Fi System

MSC Cruises has started a fleet-wide optimization installed by Marlink to improve shipboard VSAT (Very Small Aperture Terminal) connectivity. MSC Cruises said it

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2126 sec (5 req/sec)