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ISAT Inmarsat Plc

544.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inmarsat Plc LSE:ISAT London Ordinary Share GB00B09LSH68 ORD EUR0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 544.40 544.40 545.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Inmarsat PLC Successful launch of Inmarsat-5 F4 satellite (2085F)

16/05/2017 7:00am

UK Regulatory


Inmarsat (LSE:ISAT)
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TIDMISAT

RNS Number : 2085F

Inmarsat PLC

16 May 2017

Inmarsat confirms successful launch of the fourth Global Xpress satellite

16 May 2017: Inmarsat (LON: ISAT), the world's leading provider of global mobile satellite communications, has confirmed the successful launch of the fourth, high-speed broadband communications satellite in its transformational Global Xpress (GX) constellation.

Inmarsat GX is the world's first globally available, broadband connectivity service and was created to enable communities across the world to benefit from the emerging digital society.

Inmarsat-5 F4 (I-5 F4) was launched by SpaceX on a Falcon 9 rocket at 00:21 (BST) / 19:21 (ET) from the historic launch pad 39A at NASA's Kennedy Space Center in Florida. Following satellite separation at 00:53 (BST) / 19:53 ET, we acquired telemetry from our Perth ground station at 01:04 BST / 20:04 ET.

The launch team from Inmarsat and Boeing Network & Space Systems, the manufacturer of I-5 F4, are now raising the spacecraft to a geostationary orbit, at which point the satellite will deploy its solar arrays and reflectors, and undergo payload testing.

I-5 F4 joins the three GX satellites already in orbit, which have, since December 2015, been delivering unprecedented service speeds, global coverage, reliability and security to users on land, at sea and in the air.

The fourth satellite adds further capacity to the GX network, as well as in-orbit redundancy that further upgrades the reliability and resilience of Inmarsat's service offerings.

"For Inmarsat, reliability and resilience are paramount," said Rupert Pearce, CEO, Inmarsat. "Delivering global commercial services over the GX network, which we achieved at the end of 2015, was only the start of our Global Xpress project. I-5 F4 augments the capabilities of GX and, alongside our existing L-band constellations, enables Inmarsat to provide guaranteed global connectivity to industries and governments worldwide.

"I would like to thank all my colleagues at Inmarsat, whose hard work and dedication is seeing Global Xpress setting a new standard of excellence for broadband communications in established VSAT markets, such the maritime and government sectors, while also rapidly gaining strong traction in new market areas, such as the rapidly expanding aviation passenger connectivity sector.

"I also wish to extend my sincere thanks to our satellite manufacturing partner Boeing and our launch partner SpaceX for delivering a successful launch outcome."

ENDS

For further information

   Investors                                                      Media 
   Rob Gurner                                           Mary Whenman 
   +44 (0)20 7728 1518                             +44 (0)20 7728 1492 
   Rob.gurner@inmarsat.com                      mary.whenman@inmarsat.com 

About Inmarsat

Inmarsat plc is the leading provider of global mobile satellite communications services. Since 1979, Inmarsat has been providing reliable voice and high-speed data communications to governments, enterprises and other organizations, with a range of services that can be used on land, at sea or in the air. Inmarsat operates around the world, with a presence in the major ports and centres of commerce on every continent. Inmarsat is listed on the London Stock Exchange (ISAT.L). For more information, please visit www.inmarsat.com.

The Inmarsat press release newsfeed and corporate updates are on @InmarsatGlobal.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 16, 2017 02:00 ET (06:00 GMT)

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