Ovzon AB increased its loan facility with P Capital Partners from $60,000,000 to $65,000,000 to finalize and launch Ovzon 3.
Ovzon 3 was at risk of missing a 2022-12-31 ITU deadline to begin providing services from its designated geostationary orbit slot if deployment occurred late in the prior launch window.
Ovzon is working with SpaceX to complete the analysis required to safeguard Ovzon 3 in the Falcon 9 launch environment.
Ovzon 3 was originally planned to launch in 2021 on a SpaceX Falcon Heavy before Ovzon secured a launch deal with Arianespace.
Ovzon 3 will be launched on a SpaceX Falcon 9 rocket into geostationary transfer orbit.
Ovzon 3 relies on electric propulsion and will take several months to climb to its geostationary slot at 59.7 degrees East after reaching geostationary transfer orbit.
The current service renewal will be delivered using Ovzon’s existing SATCOM networks while Ovzon readies its new satellite, Ovzon 3, for launch late 2023 or early next year.
Ovzon 3 will take several months to reach its geostationary orbital slot at 59.7 degrees East using onboard electric propulsion.
Ovzon plans to launch the Ovzon 3 satellite as soon as December 2023.
As of 2023-10-20, Ovzon 3 was on track to be shipped to SpaceX’s launch site in Cape Canaveral, Florida, by late November following testing and assembly progress.
Ovzon 3 was originally slated to launch on a SpaceX Falcon Heavy in 2021 before shifting to Arianespace and later to a Falcon 9 following Maxar’s manufacturing delays.
Ovzon 3 will be the first privately funded and developed Swedish geostationary satellite.
Ovzon 3 will be launched on SpaceX’s Falcon 9 rocket from Cape Canaveral, Florida.
When launched, Ovzon 3 will be the first privately funded and developed Swedish geostationary satellite.
The Falcon 9 first stage that supported the Ovzon 3 mission landed on Landing Zone 1 (LZ-1) at Cape Canaveral Space Force Station in Florida following stage separation.
SpaceX aims to launch 144 orbital missions in the year following the Ovzon 3 mission, exceeding the company record of 96 orbital launches set in 2023.
SpaceX provided a backup launch opportunity for Ovzon 3 on Thursday, 2024-01-04 with an 87-minute launch window opening at 4:47 p.m. ET.
The Falcon 9 first stage supporting the Ovzon 3 mission was flying its 10th flight and previously launched CRS-26, OneWeb Launch 16, Intelsat IS-40e, O3b mPOWER, and five Starlink missions.
SpaceX launched the Ovzon 3 mission to geosynchronous transfer orbit from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida on Wednesday, 2024-01-03 at 6:04 p.m. ET.
Maxar Space Systems manufactured the Ovzon 3 satellite at its Palo Alto, California facility.