Pairing the Intelsat EpicNG® Global HTS
satellite platform with Kymeta’s high performance metamaterials antennas
will accelerate and simplify access to cost-effective satellite
solutions for a range of applications
LUXEMBOURG & REDMOND, Wash.--(BUSINESS WIRE)--Feb. 5, 2015--
Intelsat S.A. (NYSE: I), the world’s leading provider of satellite
services, and Kymeta Corporation, the leading developer of
metamaterials-based antenna technology, today announced an agreement to
design and produce innovative, flat, electronically steerable, Ku-band
mTenna™ satellite antenna solutions that are optimized for the Intelsat
EpicNG high throughput satellite (HTS) platform. The first
Intelsat EpicNG satellite is expected to launch in late 2015.
Stephen Spengler, Intelsat’s Deputy Chief Executive Officer, said,
“Intelsat’s ubiquitous, global telecommunications infrastructure is able
to deliver broadband or narrow band communications virtually anywhere on
the earth’s surface. We are making significant investments in our new
Intelsat EpicNG satellite platform which will deliver
increased throughput and cost efficiency. Just as important is our
investment in this new, metamaterials-based ground technology which will
simplify access to our satellites and open attractive new markets for
our solutions. Under this joint development program with Kymeta, we will
bring to market innovative solutions for existing and new applications,
leveraging performance of our satellite platform. This is especially
important as we begin to capitalize on the considerable opportunities
that are opening to the sector with respect to connected mobility.”
Kymeta’s flat, thin, light and low-cost satellite tracking antennas will
be designed to work seamlessly with Intelsat’s satellite fleet,
providing complete flexibility to establish connectivity in sectors for
which traditional antennas are not currently practical or feasible. The
Intelsat-Kymeta development agreement is expected to lead to a range of
antenna and terminal products across our core application verticals such
as maritime and aero mobility, content delivery and wireless backhaul
applications. In addition, it will provide the opportunity to expand our
reach into new verticals such as the Internet of Things (IoT),
machine-to-machine (M2M) and ground transportation which are expected to
experience significant demand over the next 10 years. Kymeta has agreed
to work exclusively with Intelsat on Ku-band technology development in
certain application verticals.
“We are excited to partner with Intelsat to bring Kymeta’s patented
mTenna™ technology to existing and newly enabled high-volume markets for
mobile satellite communications,” stated Dr. Nathan Kundtz, President
and Chief Technology Officer of Kymeta. “Intelsat’s global reach and
next-generation network architecture are a natural fit for our unique
technology. This agreement and the resulting Ku-band antenna solutions
will create new opportunities for mobility and machine-to-machine
telecom applications across a variety of verticals and further our
vision of enabling lower cost, high-speed satellite Internet
connectivity anywhere in the world.”
About Intelsat
Intelsat S.A. (NYSE: I) is the world’s leading provider of satellite
services, delivering high performance connectivity solutions for media,
fixed and mobile broadband infrastructure, enterprise and government and
military applications. Intelsat’s satellite, teleport and fiber
infrastructure is unmatched in the industry, setting the standard for
transmissions of video and broadband services. From the globalization of
content and the proliferation of HD, to the expansion of cellular
networks and mobile broadband access, with Intelsat, envision your
future network, connect using our leading satellite technology and
transform your opportunities. Envision…Connect…Transform…with Intelsat.
For more information, visit www.intelsat.com.
About Kymeta Corporation
Kymeta Corporation is commercializing a new, innovative software-enabled
metamaterials-based electronic beamforming antenna for satellite
communications. Kymeta has been named by CNBC for two consecutive years
as one of the 50 most disruptive companies as part of their annual list
of the world’s most innovative technology companies. Kymeta was selected
by Future in Review as a 2014 FiRe Starter company. Boats. Planes. Cars.
If it moves, Kymeta is the antenna solution that will keep it connected.
Anywhere. The company is based in Redmond, Washington and operates on a
worldwide basis. For more information, visit www.kymetacorp.com.
Intelsat Safe Harbor Statement:
Some of the statements in this news release and certain oral statements
from time to time by representatives of the company constitute
"forward-looking statements" that do not directly or exclusively relate
to historical facts. The forward-looking statements reflect Intelsat's
intentions, plans, expectations, assumptions and beliefs about future
events and are subject to risks, uncertainties and other factors, many
of which are outside of Intelsat's control. Important factors that could
cause actual results to differ materially from the expectations
expressed or implied in the forward-looking statements include known and
unknown risks. Some of the factors that could cause actual results to
differ from historical results or those anticipated or predicted by
these forward-looking statements include: risks associated with
operating our in-orbit satellites; satellite launch failures, satellite
launch and construction delays and in-orbit failures or reduced
performance; potential changes in the number of companies offering
commercial satellite launch services and the number of commercial
satellite launch opportunities available in any given time period that
could impact our ability to timely schedule future launches and the
prices we pay for such launches; our ability to obtain new satellite
insurance policies with financially viable insurance carriers on
commercially reasonable terms or at all, as well as the ability of our
insurance carriers to fulfill their obligations; possible future losses
on satellites that are not adequately covered by insurance; U.S. and
other government regulation; changes in our contracted backlog or
expected contracted backlog for future services; pricing pressure and
overcapacity in the markets in which we compete; the competitive
environment in which we operate; customer defaults on their obligations
to us; our international operations and other uncertainties associated
with doing business internationally; litigation; risks associated with
investing in a company existing under the laws of the Grand Duchy of
Luxembourg; and inadequate access to capital markets. Known risks
include, among others, the risks described in Intelsat’s annual report
on Form 20-F for the year ended December 31, 2013, and its other filings
with the U.S. Securities and Exchange Commission, the political,
economic and legal conditions in the markets we are targeting for
communications services or in which we operate and other risks and
uncertainties inherent in the telecommunications business in general and
the satellite communications business in particular. Because actual
results could differ materially from Intelsat's intentions, plans,
expectations, assumptions and beliefs about the future, you are urged to
view all forward-looking statements with caution. Intelsat does not
undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150205005131/en/
Source: Intelsat and Kymeta Corporation
Intelsat Contact:
Michele Loguidice, Director, Investor
Relations and Communications
+1 703-559-7372
Michele.Loguidice@Intelsat.com
or
Kymeta
Contacts:
Hakan Olsson, Sr. Director of Business Development
+1
425-896-3711
PR@kymetacorp.com
or
Bill
Marks, EVP, Strategy & Business Development
+1 425-658-8725
PR@kymetacorp.com