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Ovzon 3 will be launched on a SpaceX Falcon 9 rocket into geostationary transfer orbit.
A smaller version of the Maxar 1300 bus was selected in 2018 by Swedish broadband operator Ovzon.
Ovzon and Bansat were awarded an eight-month order to provide mobile satellite connectivity to the UDAPV (Attention Unit for Vulnerable Population), a department within the Colombian Civil Registry.
Ovzon received a new order for Ovzon SATCOM-as-a-Service from Swedish Space Corporation to be delivered during the second quarter of 2023.
Ovzon expanded its On-the-Move SATCOM-as-a-Service offering with partner Nigma Conseil through an initial order valued at $600,000.
Ovzon is working with Nigma Conseil to expand and develop an agile On-The-Move SATCOM-as-a-Service for a variety of mission-critical unmanned platforms.
Per Norén, CEO of Ovzon, positions the ISR market segment as a clear target for Ovzon and states the company is continuously improving and expanding its product and services portfolio into value-added solutions for unmanned missions.
Ovzon received its first order from Nigma Conseil in December of 2022 with an order value of $1,000,000.
Italian distributor Gomedia Satcom ran into more severe financial difficulties, prompting Ovzon to delay the publication of its annual financial results by about a week to 2023-03-30.
A launch occurring late in SpaceX’s announced July–September launch window for Ovzon 3 may require additional approvals.
Ovzon’s 2022 financials are taking a hit of about 34 million Swedish krona, equivalent to about $3.3 million, after one of its customers fell behind on contracted payments.
Ovzon 3 was originally slated to launch in 2021 before manufacturing delays at Maxar Technologies.
International regulators gave Ovzon until the end of the year to start providing services in geostationary orbit from Ovzon 3.
Ovzon secured a deadline extension on 2023-03-28 enabling it to keep priority spectrum rights for its first broadband satellite Ovzon 3 if it launches early enough in a July–September launch window set by SpaceX.
Ovzon originally lined up a 2021 SpaceX Falcon Heavy launch for Ovzon 3 before switching to an Ariane 5 after receiving a better deal from Arianespace.
Ovzon increased a $60,000,000 line of credit to $65,000,000 to help cover rising satellite project costs.
Maxar Technologies’ supply chain issues increased the overall cost of Ovzon’s inaugural satellite project by about $25,000,000.
Once launched, Ovzon 3 will take several months to reach its orbital slot at 59.7 degrees East using onboard electric propulsion.
Ovzon 3 will be launched by a flight-proven Falcon 9 rocket from Cape Canaveral, Florida later in 2023.
Ovzon CEO Per Norén is confident in the market demand for Ovzon 3 and cites increasing demand from current and new customers for the geostationary satellite.