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Swedish Satellite Company Changes Name to SES Sirius AB

 

STOCKHOLM, Sweden, Dec. 2, 2005/Satnews Daily/ — Nordic Satellite AB has changed its name to SES Sirius AB as part of the company's development into an expanded market and new tasks.

 

The name change, effective Dec. 1, also reinforces the company’s link with the principal owner, SES Astra (75%), the global satellite network.

 

The company is also 25 percent government-owned through the Swedish Space Corporation, which monitors Sirius satellites from its control station at the Esrange base just outside Kiruna in northern Sweden.

 

“We haven't been a purely Nordic business for a long time,” says general manager Per Norman. “We also play an important role in TV and broadband communication in several countries in Eastern Europe,” he added as he defended the change in name.

 

Norman said the company has undergone great changes due to its expansion in the Baltic region and in Eastern Europe, which in recent years have become the company’s new domestic markets. “We have also adapted our business to new technologies that are rapidly changing the face of the market,” he said.

 

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