Saturday, October 5, 2024
HomeBusiness and FinanceIntelsat signs up for Northrop Grumman satellite servicing

Intelsat signs up for Northrop Grumman satellite servicing


In an artist’s rendition, an MRV approaches a commercial satellite for MEP installation.

Northrop Grumman, SpaceLogistics

CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Sign up to receive future editions.

Overview: Time for a satellite tune up

A close up look at Intelsat’s IS-10-02 satellite as MEV-2 approached for docking in orbit.

Intelsat

Northrop Grumman’s latest version of this tech represents a more flexible approach: A larger model, called MRV (or mission robotic vehicle), will carry three MEPs (or mission extension pods), that it plans to deliver and connect with three satellites in 2026. Like before, the targets are big, expensive satellites operating in the distant geosynchronous orbit. 

Intelsat ordered one of the MEPs, as did Australian satellite operator Optus. A third is expected to be sold soon.

An artist’s rendering of the Mission Robotic Vehicle with a Mission Extension Pod.

Northrop Grumman, Space Logistics

Froeliger explained that the new approach represents a shift in business strategy for Intelsat from “renting” the MEVs for a certain number of years to owning. 

“In the end, it’s all a business decision that depends on the price of the MEP versus the price of a yearly MEV service,” Froeliger said.

While Intelsat has “study contracts with three or four other companies” for future satellite servicing missions, Froeliger noted that Northrop Grumman is the most “advanced” in this space sub-sector. 

But the size of the market today largely depends on the number of geosynchronous satellites that would benefit from life extension. Froeliger said about 10% of the 56 satellites in Intelsat’s fleet are candidates – making satellite servicing still a niche market.

“The others we’ll replace with a brand new satellite,” Froeliger said.

What’s up

  • SpaceX nears first Starship orbital launch: The company announced that the first flight to space of the towering rocket “is trending towards the third week of April,” with a potential launch as early as Monday. That depends on regulatory approval from the FAA, but the company could reportedly receive its launch license in the next day or so. – SpaceX / Ars Technica
  • Relativity retires Terran 1 to go ‘all in’ on Terran R development, in a substantial shift in the company’s 3D-printing-first strategy that includes introducing more traditional manufacturing methods into building the rockets. Relativity revealed a substantial update on Terran R’s design, with a focus on making the first stage reusable rather than the entire rocket. – CNBC
  • SpaceX launches 23rd mission of the year carrying Intelsat satellite, IS-402, successfully into orbit on a Falcon 9 rocket. Its booster landed successfully for a fourth time. – Intelsat
  • FCC debuts Space Bureau as the regulator looks to centralize its management of satellite policy and licensing under a single office. – FCC
  • Rocket Lab shifts NASA satellite launches to New Zealand from Virginia, in order to make sure its Electron rockets can deliver the TROPICS satellites into orbit in time to help provide data for this year’s hurricane season. – Rocket Lab
  • Planet expands data products, deploying a pair of new programs “focused on increasing accessibility and scaling solutions for users.” In an expansion of its “Planetary Variables” product, the company is making more available data feeds such as “Roads and Building Detection” and “Soil Water Content.” – Planet
  • Viasat connects ground antennas into Microsoft’s Azure Orbital cloud network, saying the addition of the five different locations around the world will improve “high-speed connectivity” with Microsoft’s platform. – Viasat
  • Microsoft, Ball and Loft to work on SDA’s NExT satellite program, which will fly 10 satellites with experimental payloads for the Space Development Agency. – Ball Aerospace
  • Slingshot expands tracking capabilities with plans for a network for “more than 200 sensors across more than 20 sites globally” to track objects in low Earth  orbit. – Slingshot Aerospace
  • SpaceX senior director talks about how its Dragon spacecraft experience prepares the company for Starship: Stuart Keech, senior director of Dragon Engineering, said the company is taking “the lessons learned and the best parts of both” its Falcon 9 rocket and Dragon capsule to make Starship “an ultimately better and more capable vehicle.” – Supercluster

Industry maneuvers

Boldly going

Market movers

On the horizon

  • Apr. 14: Arianespace’s Ariane 5 launches JUICE spacecraft from French Guiana.
  • Apr. 17-20: Space Symposium conference in Colorado.
  • Apr. 17: SpaceX’s Starship launches first orbital attempt from Texas, pending final readiness and regulatory approval.
  • Apr. 18: SpaceX’s Falcon Heavy launches ViaSat 3 and Astranis satellites from Florida.
  • Apr. 19: SpaceX’s Falcon 9 launches Starlink mission from Florida.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments