Thursday, October 28, 2010

Hughes Gets Loan Guarantee for Ka-band "Jupiter" Satellite

BNP Paribas and Societe Generale have agreed to provide a $115 million loan guarantee to Hughes Network Systems for the launch of Jupiter, its next generation, high-throughput, Ka-band satellite. The loan is guaranteed by COFACE, the French Export Credit Agency, and Arianespace has been contracted by Hughes to launch Jupiter in the first half of 2012.

  • Switching capacity aboard the next-generation Jupiter satellite is expected to be 100 Gbps -- ten times the current generation SPACEWAY 3 with 10 Gbps of capacity.