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Boeing to Rev Up its Commercial Satellite Business

 

NEW YORK, Feb. 20, 2007/Satnews Daily/  The Boeing Company has set its sights on building smaller and more flexible satellites in a new effort to revive its commercial satellite business.

 

Boeing is building a new satellite based on its 702 family, and expects to complete production this year. The new satellite, 702B, will deliver 2 to 18 kilowatts of signal strength and will be introduced in 2008. It will be a less powerful, less expensive version of Boeing's largest model and is meant for customers that require lower signal strength.

 

Sources said Boeing plans to bid on about 12 to 15 satellite orders this year, including the 702B. Boeing plans to step up its presence in the commercial market before the new design is formally offered to corporate and military customers.

 

In January 2006, Boeing said it planned to build three geo-mobile satellites and ground systems for Mobile Satellite Ventures (MSV) in a deal worth from $500 million to $1 billion, its biggest satellite order in nine years.

 

Analysts said the MSV contract could help revive Boeing's stagnant commercial satellite business. The new geo-mobile satellites will enable the first commercial mobile satellite service using both space and terrestrial segments. The satellites will launch in 2009 and 2010.

 

MSV said it would offer data, voice, fax and dispatch-radio services over the satellites. The new satellites will be among the largest and most powerful Boeing has ever built.

 

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