EchoStar And Arianespace enter into new satellite launch services contract
Nov 27, 2012 (M2 EQUITYBITES via COMTEX) --
EchoStar Corp (Nasdaq:SATS), a provider of satellite operations and video delivery solutions, and Arianespace SA, a launcher of satellites, announced on Monday an agreement to launch multiple new satellites over a multi-year period from Europe's spaceport in French Guiana.
This new satellite launch contract, financial details of which were not available, will reportedly provide EchoStar with launch capacity and flexibility for its industry-leading satellite programme.
EchoStar's relationship and Arianespace began in 1996, when the companies successfully launched EchoStar II.
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