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Pegasus Close to Next Step in Ka-Band

Pegasus may be close to signing construction and launch contracts for two Ka-Band satellites that it wants to place at the 107 degree orbital location, according to a filing - as quoted by Dow Jones - sent to the Securities and Exchange Commission.

Pegasus said it has issued request for proposals for two satellites to be built and launched on a schedule that complies with deadlines at the Federal Communications Commission, which gave Pegasus the 107-degree slot this summer. Through the Ka-Band satellites, the company said it wants to deliver digital video, audio and Internet access. The offering also is expected to include local TV stations.

Design, construction, launch and insurance costs associated with the first satellite could exceed $250 million. For the second satellite, the cost would be less, according to the filing. Additional costs would cover the ground segment.

Pegasus was among 11 second round Ka-Band applicants that were granted authorizations by the International Bureau at the Federal Communications Commission in August. Pegasus' full-CONUS Ka-Band slots are located at the 117-degree and 107-degree orbital positions.

Reposted with Permission from
SkyReport.COM
 
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