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Satnews Daily
June 28th, 2017

Major Move into Satellite Servicing by SSL MDA and Finance Technology Leverage

SSL MDA Holdings Inc., a global communications and information company, has announced important milestones in the company's progress to bring transformational on orbit satellite servicing to market.

Space Infrastructure Services LLC (SIS), a new U.S. company, will commercialize sophisticated satellite servicing capabilities, including refueling. SIS will be majority owned by Finance Technology Leverage LLC (FTL), a global investment company headquartered in Silicon Valley, along with other U.S. investors, with SSL MDA Holdings maintaining a minority ownership share.  Full financing for the venture is expected to conclude in the coming weeks.

On orbit satellite servicing will provide operators with the ability to enhance the existing use of space assets through life extension, inspection, and repair. In addition, satellite servicing provides a capability to perform partial assembly in orbit, either augmenting existing satellites, replacing elements from modular satellites or constructing larger satellites freed from the mass and size constraints of launch.

Spacecraft Manufacturing Contract
SIS has awarded a contract to SSL to design and build the highly capable satellite servicing spacecraft vehicle.  The vehicle will fully meet the specifications for the Defense Advanced Research Projects Agency (DARPA)’s Robotic Servicing of Geosynchronous Satellites (RSGS) program, which is designed to inspect, repair, and augment geosynchronous satellites and plans to include a refueling payload to extend the life of satellites that are low on propellant. The contract is valued at US$228 million (CA$305 million). SSL is working with the Naval Research Laboratory (NRL), The Charles Draper Laboratory and MDA robotics divisions in Brampton, Ontario and Pasadena, CA. to develop the servicer.

The company also announced that SES has entered into an agreement for an initial life extension mission with options for further missions. Under this agreement, SES will be the first commercial customer to benefit from satellite refueling that can be called up as needed with minimal disruption to spacecraft operation.

Once orbital demonstrations under the RSGS program are complete, SIS will receive the satellite servicing vehicle to operate throughout its lifetime. Steve Oldham, Senior Vice President Business Development with SSL MDA, is responsible for the SIS business.

Howard L. Lance, the President and CEO of SSL MDA Holdings, noted that this new venture is designed to provide satellite operators with more options in fleet management. Both commercial and government satellite operators are looking for flexibility in managing capital expenditures and better ways to incorporate resiliency into their fleets.  By combining the company's world-class capabilities in satellite manufacturing and robotics together, SSL MDA is uniquely positioned to enable this next-generation capability.

Ray Conley, Managing Partner of FTL, added that his company is committed to advancing space-related industries by supporting key technologies and markets. On orbit refueling and the repairing of spacecraft is a critical step in humanity’s march toward a vibrant and exciting frontier.  FTL believes that SSL has assembled the world’s premier team to make SIS the leaders in this vital new arena.

Martin Halliwell, the CTO at SES, indicated that satellite servicing on orbit will be essential to next-generation architectures for communications satellites. SES is pleased to be working on a refueling mission that may enable the firm to obtain more value fromf satellites already on orbit.  Refueling will be relatively quick and control of SES spacecraft will be maintained at all times.