Alcatel Space wins Euro 148 million contract to design and build Koreasat 5 Satellite is part of South Korea’s new high-capacity spacecom system
Alcatel Space announced today it has signed a Euro
148 million contract with KT Corporation (formerly Korea Telecom) and the
Korean Agency for Defense Development (ADD) to build South Korea’s first
civil and military communications satellite, Koreasat 5. Alcatel Space will
supply both the multimission satellite and its ground control system, along
with launch and early operations phase (LEOP) support.
Based on the new-generation Spacebus 4000 platform from Alcatel Space,
Koreasat 5 will feature a state-of-the-art broadband payload, including new
technologies developed within the scope of the Syracuse III program.
With 36 transponders in Ku-band, C-band (civil) and SHF band (military),
Koreasat 5 will deliver advanced broadband multimedia and digital
television transmission services, along with conventional telecom services
to operators in the Asia-Pacific region.
“I would like to extend my sincere thanks to the Republic of Korea, KT
Corporation and the Agency for Defense Development for having chosen Europe
to build the Koreasat 5 system,” noted Pascale Sourisse, Chairman and CEO
of Alcatel Space. “This contract is the culmination of unstinting efforts
by everybody at Alcatel, since KT Corporation and ADD first announced their
decision in favor of our technology back in December. At the same time, it
confirms Alcatel Space’s leading role as a supplier of both civil and
military spaceborne communications systems.”
About Alcatel Space
Alcatel Space is the world’s third largest satellite manufacturer and
Number 1 in Europe. Deploying extensive dual expertise in civil and
military applications, Alcatel Space develops satellite solutions for
telecommunications, navigation, radar and optical observation, meteorology
and science. The company is also the leading European prime contractor for
earth observation, meteorology and navigation ground segments, and for
space system operation. A wholly-owned subsidiary of Alcatel, Alcatel Space
had sales of 1.3 billion euros in 2002. For more information, visit the
Alcatel Space website: www.alcatel.com/space
About Alcatel
Alcatel (Paris: CGEP.PA and NYSE: ALA) provides end-to-end communications
solutions, enabling carriers, service providers and enterprises to deliver
content to any type of user, anywhere in the world. Leveraging its
long-term leadership in telecommunications network equipment as well as its
expertise in applications and network services, Alcatel enables its
customers to focus on optimizing their service offerings and revenue
streams. Alcatel operates in more than 130 countries, and posted sales of
16.5 billion euros in 2002.
