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Ovzon-3 is expected to cost $166,000,000 including launch and insurance, conditional on full financing.
Ovzon-3 will expand Ovzon’s leased coverage over the Middle East, Europe and Northern Africa.
Pacific Dataport is the third company in five months to purchase a small geostationary telecom satellite, following GapSat of Hong Kong with GapSat-1 from Terran Orbital in September and Ovzon with Ovzon-3 from SSL in December.
Ovzon has developed small terminals for mobile connectivity intended to offer better service when paired with its own Ku-band satellite.
Ovzon purchased a Falcon Heavy launch from SpaceX in October 2019.
Ovzon has been developing its own satellite with a unique onboard processor since 2014.
Ovzon expects the satellite built by Space Systems Loral to be complete in 2021.
Maxar’s Space Systems Loral was awarded a manufacturing contract on 2018-12-17 to build a geostationary communications satellite designed for mobile broadband services for Ovzon.
Ovzon paid Eutelsat $1,600,000 in 2019 to place one of Eutelsat’s satellites at an Ovzon orbital slot in order to preserve spectrum rights at that location.
Ovzon estimates the full mission cost, including manufacturing, launch, financing and insurance, at approximately 1.5 billion Swedish krona ($166,000,000).
Swedish company Ovzon will launch its first satellite on a Falcon Heavy no earlier than the fourth quarter of 2020.
Ovzon paid Eutelsat $1,600,000 earlier in 2020 to move one of Eutelsat’s satellites to an unspecified Ovzon orbital slot to preserve spectrum rights at that location.
Ovzon signed a contract with SpaceX on 2018-10-16 for a Falcon Heavy launch no earlier than the fourth quarter of 2020.
Ovzon has not yet purchased the satellite that will be launched on the contracted Falcon Heavy mission.