The board of directors of the Export-Import Bank of the United States (EXIM) has unanimously approved $80.7 million of financing for Spain’s Hispasat. The transaction will fund launch services and the launch and initial in-orbit insurance of Amazonas Nexus on a SpaceX rocket in 2022. It is also EXIM’s first satellite-related financing since 2015 and completes the financing of the space segment of this new mission of Hispasat Group. Previously, in May 2020, the operator signed €129 million financing agreements with BPI France and a pool of four financial entities to support the manufacture of the satellite. Commenting on the development, Miguel Angel Panduro, CEO of Hispasat, said:  “Hispasat’s solid financial situation, with one of the lowest levels of indebtedness in the entire sector, has allowed us to successfully complete this financing operation, thanks to which we will be able to give the best response to the new needs of our clients”. The Amazonas Nexus is a High Throughput Satellite (HTS) designed with architecture that combines the Ku and Ka bands to optimise communications and multiply the capacity available for commercial use. It will also feature a latest generation Digital Transparent Processor (DTP), a technological advance that will be able to digitally process the satellite’s received signals and increase its flexibility in orbit. The new satellite, which is being built by Thales Alenia Space, will replace Amazonas 2 and cover the entire American continent, the North and South Atlantic corridors (both areas with major aerial and maritime traffic) and Greenland from the 61 degrees West orbital position.

Hispasat secures new funding

SSL-built satellite for HISPASAT successfully launched yesterday from Kazakhstan. (CNW Group/SSL)
SSL-built satellite for HISPASAT successfully launched yesterday from Kazakhstan. (CNW Group/SSL)
PALO ALTO, CA, Sept. 12, 2017 /CNW/ -  SSL , a leading provider of innovative satellites and spacecraft systems, today announced that the multi-mission Amazonas 5 satellite, designed and built for HISPASAT , was launched yesterday and is successfully performing post-launch maneuvers according to plan. The satellite deployed its solar arrays on schedule following its launch aboard a Proton Breeze M  launch vehicle provided by  International Launch Services  (ILS), and it will begin firing its main thruster tomorrow to propel toward its final geostationary orbit. The satellite will be used for video content delivery and internet connectivity in Latin America. "It is an honor to support HISPASAT in its efforts to bridge the digital divide in Latin America," said Dario Zamarian, group president, SSL. "SSL is focused on technology advances that drive value for our customers and help maintain satellite's important role as part of the world's greater telecommunications infrastructure. With Amazonas 5 we have provided a satellite with state-of-the-art technology for advanced television services and fast and affordable broadband. " 
Amazonas 5 has 34 Ka-band spot beams and 24 Ku-band transponders, which will be used for broadband internet services, television, corporate networks, and other telecommunications applications in Brazil and Latin America. With this new satellite, the HISPASAT Group will help provide connectivity services to more than half a million people in Latin America and Brazil, and will enable broadcasting 500 new TV channels. "SSL has been an innovative and reliable manufacturing partner in the expansion of our satellite fleet, and we are pleased that the satellite is performing as expected," said Carlos Espinós, chief executive officer of HISPASAT. "As a leader in content delivery and connectivity via satellite, Amazonas 5 helps us meet the demand for advanced television services and fast broadband Latin America." Amazonas 5 is the third satellite that SSL has provided to HISPASAT and the company is also building HISPASAT 30W-6, which is expected to launch later this year. SSL built Amazonas 3, Latin America's first satellite with a high throughput payload for broadband internet, and HISPASAT 30W-5, which was launched in 2010. Based on the SSL 1300 platform, Amazonas 5 will be located at 61°W longitude and is designed to provide service for 15 years or more. Please visit SSL's new website which reflects the company's broad capabilities as a provider of integrated space technologies and systems. About HISPASAT
HISPASAT is comprised of companies that have a presence in Spain as well as in Latin America, where its Brazilian affiliate HISPAMAR is based. HISPASAT is a world leader in the distribution and broadcasting of Spanish and Portuguese content, and its satellite fleet is used by important direct-to-home television (DTH) and high-definition television (HDTV) digital platforms. HISPASAT also provides satellite broadband services and other added value solutions to governments, corporations and telecommunication operators in America, Europe and North Africa. HISPASAT is one of the world's largest companies in its sector in terms of revenue, and the main communications bridge between Europe and the Americas. www.hispasat.com   
About SSL
Space Systems Loral (SSL), based in Palo Alto, California, is a leading provider of advanced spacecraft systems, with broad expertise to support commercial and government satellite operators and innovative space missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband internet, mobile communications, in-orbit servicing, space exploration, and Earth observation. As a Silicon Valley innovator for 60 years, SSL's advanced product line includes state-of-the-art small satellites, and sophisticated robotics and autonomous solutions for remote operations. SSL is a subsidiary of SSL MDA Holdings, Inc., a U.S. operating company. For more information, visit www.sslmda.com . About SSL MDA Holdings
SSL MDA Holdings is a wholly owned subsidiary of MacDonald, Dettwiler and Associates Ltd. (MDA) and serves as the operating company for all MDA businesses. SSL MDA Holdings is headquartered in San Francisco, California. About MDA
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide. MDA's business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development. MDA's established global customer base is served by more than 4,800 employees operating from 15 locations in the United States, Canada, and internationally. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA. For more information, visit www.mdacorporation.com . Contact
Wendy Keyzer | MDA Media Contact | 1-604-231-2743 | wendy@mdacorporation.com
Marissa Poratto | MDA Investor Relations | 1-604-331-2044 | mporatto@mdalimited.ca
SOURCE SSL

SSL built multi-mission satellite for HISPASAT begins post-launch maneuvers according to plan

Hispasat Reports Positive Results, Distributes Millions in Dividend
Hispasat Reports Positive Results, Distributes Millions in Dividend
©
Artist’s rendition of the Amazonas 5 satellite. Photo: SSL
[Via Satellite 06-23-2016] Hispasat’s General Shareholders’ Meeting unanimously approved the annual accounts corresponding to the 2015 business year, which include the distribution of a 12.5 million euro dividend among shareholders. The move demonstrates Hispasat’s financial soundness and high profitability, while at the same time confirming plans for future growth, according to the company. In 2015, Hispasat Group revenues reached 219.6 million euros due to strong commercial efforts throughout the business year. These efforts have been reflected in the figure for backlog satellite capacity contracts, which reached the equivalent to seven years’ revenue for the company. Leasing space capacity accounted for 216.4 million euros of the total revenue, 9.7 percent more with respect to the previous year. By geographic area, 65.4 percent of total revenue from leasing space capacity came from the North and South American market, 33.64 percent from Europe and 0.96 percent from other regions. Hispasat noted it has benefited from the positive effect of the exchange rate, favored by the strength of the dollar, which has offset the sharp depreciation of the Brazilian real. EBITDA were 178.9 million euros and the EBITDA/income margin reached 81.5 percent. In 2015, investments reached 245 million euros, a figure that was mainly spent on satellites under construction (Hispasat 36W-1, Amazonas 5 and Hispasat 30W-6), and on innovation projects. Industry Roundtable: What Airlines Want and How Industry Can Provide It
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Hispasat Reports Positive Results, Distributes Millions in Dividend

March 26, 2015 --
OTTAWA, March 26,2015 /CNW/ -Export Development Canada (EDC) today announced financing of EUR 140 M to the HISPASAT Group (Hispasat), a Spanish satellite telecommunications operator, for the construction of Amazonas 5 by Canada's MacDonald, Dettwiler and Associates Ltd (MDA). The Amazonas 5 satellite will be built by SSL, a subsidiary of MDA. This new multi-mission satellite will respond to growing demand for satellite capacity, primarily for TV platforms, in Latin America. This will be the fourth satellite SSL constructs for Hispasat Group. "MDA is an industry leader and a leader within Canada's growing satellite technology sector," said Carl Burlock, Senior Vice-President, Financing and Investments, EDC. "EDC's financial solutions can be an important asset to companies like Hispasat and MDA with unique business needs. "
EDC has the capacity as a global financier to support projects of any size. This is the second time EDC has provided financing to Hispasat, with the first loan provided in August 2014. "When MDA earns new business, it helps to grow their supply chain of Canadian small and medium companies," says Burlock. "This is a great opportunity for any Canadian company in the satellite industry, and EDC is here to help all of them. "
A key piece of Canada's high-tech sector, MDA employs more than 4,800 people around the world and has Canadian offices in Richmond, Brampton, Ottawa, Montreal, and Dartmouth. This contract has helped to solidify the relationship between MDA and Hispasat, which has the potential to ultimately bring more business to other Canadian SMEs in MDA's supply chain. EDC is Canada's leading provider of financing, insurance and bonding products for Canadian companies that have business outside of Canada. EDC also provides financial services for foreign companies that buy from Canadian companies, or those that have Canadian supply and services in their corporate value chains. For more information about how EDC can help your business contact us at 1-888-434-8508 or visit www.edc.ca . About MDA
MDA is a global communications and information company providing operational solutions to commercial and government organizations worldwide. MDA's business is focused on markets and customers with strong repeat business potential, primarily in the communications sector and the surveillance and intelligence sector. In addition, the company conducts a significant amount of advanced technology development. MDA's established global customer base is served by more than 4,800 employees operating from 11 locations in the United States, Canada, and internationally. The company's common shares trade on the Toronto Stock Exchange under the symbol "MDA. "
About HISPASAT Group
HISPASAT Group is composed of companies with a foothold in Spain as well as in America, where its Brazilian affiliate HISPAMAR is located, and North of Africa. The Group is a world leader in the distribution and broadcasting of Spanish and Portuguese content, and its satellite fleet is used by important direct-to-home television (DTH) and high-definition television (HDTV) digital platforms. HISPASAT is one of the world's largest companies in terms of revenue in its sector, and the main communications bridge between Europe and the Americas. SOURCE  Export Development Canada

EDC provides EUR 140 M financing to Spanish satellite company Hispasat for Amazonas 5

EDC ofrece una financiación de 140 millones de euros a la compañía... -- OTTAWA, Ontario, March 26, 2015 /PRNewswire/ --
EDC ofrece una financiación de 140 millones de euros a la compañía satélite española Hispasat para Amazonas 5
OTTAWA, Ontario, March 26, 2015 /PRNewswire/ --
Export Development Canada (EDC) ha anunciado hoy la financiación de 140 millones de euros a HISPASAT Group (Hispasat), un operador de telecomunicaciones por satélite español, para la construcción del Amazonas 5 por SSL. El satélite Amazonas 5 será el cuarto satélite que SSL, una filial de la canadiense MacDonald, Dettwiler and Associates Ltd (MDA), construye para Hispasat. Este nuevo satélite multimisión responderá a la creciente demanda de capacidad de satélite, principalmente para plataformas de televisión, en Latinoamérica. EDC ofrece servicios financieros para compañías extranjeras que compran desde compañías canadienses, y las que tienen suministro y servicios canadienses en sus cadenas de valor corporativas. "La industria satélite está creciendo en todo el mundo, y EDC tiene la experiencia y capacidad como financiera global para permitir a las compañías asumir proyectos a gran escala, como el Amazonas 5", dijo Carl Burlock, vicepresidente senior de financiación e inversiones, EDC. Esta es la segunda vez que EDC ha proporcionado financiación a Hispasat, con el primer préstamo ofrecido en agosto de 2014. "Dado que hemos participado en un número de acuerdos financieros importantes dentro de la industria satélite global, entendemos las complejidades implicadas", añadió Burlock. EDC ofrece soluciones financieras para compañías que hacen negocios con compañías canadienses, o las que contemplan trabajar con compañías canadienses. Corporaciones como Hispasat que buscan comprar bienes desde proveedores canadienses pueden beneficiarse de las soluciones financieras en una base bilateral o como parte de una instalación sindicada mayor. EDC puede atender personalmente a su compañía desde México, Monterrey, Río de Janeiro, São Paulo, Santiago, Lima, Bogota, Dusseldorf, Estambul, Dubai, Shangai, Beijing, Mumbai, Nueva Delhi y Singapur. Para más información sobre cómo EDC puede ayudar a su empresa, visite http://www.edc.ca
Acerca de MDA  
MDA es una compañía de comunicación e información global que ofrece soluciones operativas a organizaciones comerciales y gubernamentales en todo el mundo. El negocio de MDA se centra en mercados y clientes con un fuerte potencial empresarial, principalmente en el sector de las comunicaciones y de la vigilancia e inteligencia. Además, la compañía realiza una importante cantidad de desarrollos tecnológicos avanzados. La base de clientes global establecida de MDA está atendida por más de 4.800 empleados que operan desde 11 localizaciones en Estados Unidos, Canadá e internacionalmente. Las acciones comunes de la compañía cotizan en la bolsa de valores de Toronto bajo el símbolo "MDA. "
Acerca de HISPASAT Group  
HISPASAT Group está formado por compañías con presencia en España y en América, donde se localiza su filial brasileña HISPAMAR, y norte de África. El grupo es un líder mundial en la distribución y emisión de contenido español y portugués, y su flota satélite se utiliza por las importantes plataformas digitales direct-to-home television (DTH) y high-definition television (HDTV). HISPASAT es una de las mayores compañías del mundo en términos de ingresos en su sector, y el principal puente de comunicaciones entre Europa y América. Acerca de EDC  
EDC es la agencia financiera comercial de Canadá, que ofrece servicios financieros para compañías que compran desde compañías canadienses, directamente o mediante sus cadenas de valor corporativas. La financiación de EDC puede utilizarse para capex y/o requisitos financieros de proyectos, mediante las instalaciones corporativas bilaterales o sindicadas. Operando de acuerdo con principios comerciales, EDC tiene una filosofía de asociación preferente para colaborar con instituciones financieras del sector privado para compartir riesgo y crear una mayor capacidad para las transacciones comerciales canadienses. EDC se compromete con la responsabilidad social corporativa y tiene en cuenta los impactos medioambientales y sociales de sus transacciones. Para más información sobre cómo EDC puede ayudar a su compañía, contacte con nosotros en el tel. +1-888-434-8508 o visite http://www.edc.ca
SOURCE Export Development Canada (EDC)

EDC ofrece una financiación de 140 millones de euros a la compañía satélite española Hispasat para Amazonas 5

Globalsat Group provides mobile satellite service, voice, data, M2M, IoT, software, and hardware development. It is based in Boca Raton, Florida.

Globalsat

As part of the partnership between Hispasat and GlobalSat -- promoted by the Mexican federal government through the CFE TEIT programme -- residents of the towns of Durango , San Luis Potosí , Guerrero , Coahuila , Tamaulipas , Zacatecas and Sinaloa will have free satellite connectivity on their devices through an open Wi-Fi hotspot located in public areas of these communities .

Hispasat, GlobalSat team to offer free satellite broadband across Mexico

NAGRA manufacturer’s audio products that include high-end Hi-Fi equipment, professional audio recorders and devices for security and law enforcement. It is based in Lausanne, Switzerland.

NAGRA

Spanish operator HISPASAT has announced a partnership with NAGRA to develop a wholesale OTT service for the Latin American market .

HISPASAT and NAGRA partner for LATAM wholesale OTT service

Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is a satellite operator with capacity commercialised on 31 satellites delivering reach of Europe, the Middle East, Africa, Asia, significant parts of the Americas and the Asia-Pacific. As of 30 June 2013, Eutelsat's satellites were broadcasting more than 4,600 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group's satellites also provide a wide range of services for TV contribution, corporate networks and fixed and mobile broadband markets. Headquartered in Paris, Eutelsat and its subsidiaries employ over 780 commercial, technical and operational professionals from 30 countries.

Eutelsat Communications

Eutelsat Communications and Hispasat , the satellite telecommunications operator of the Red Eléctrica Group , have entered into a multi-year strategic agreement for wholesale capacity on the EUTELSAT KONNECT satellite with the objective of supporting ubiquitous access to high-speed fixed broadband in Spain and Portugal .

Hispasat secures capacity on the EUTELSAT KONNECT satellite for high-speed broadband in Spain and Portugal

GMV is a technological business group with an international presence. GMV offers its solutions, services and products in very diverse sectors: Aeronautics, Banking and Finances, Space, Defense, Health, Security, Transportation, Telecommunications, and Information Technology for Public Administration and large corporations.

Gilat Satellite Networks (Nasdaq: GILT) provides products and services for satellite-based communications networks.

Gilat Satellite Networks

Kudelski Group

Philips

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HISPASAT Group is composed of companies with a foothold in Spain as well as in America, where its Brazilian affiliate HISPAMAR is located, and North of Africa. The Group engages in the distribution and broadcasting of Spanish and Portuguese content, and its satellite fleet is used by important direct-to-home television (DTH) and high-definition television (HDTV) digital platforms.

Name	Work History	Title	Status
Miguel Ángel Panduro		Chief Executive Officer	Current
Jordi Hereu		President	Current
Juan Jesus Garcia		Chief Financial Officer	Current
Ignacio Sanchis	Kudelski Group, and Philips	Chief Commercial Officer	Current

Name	Miguel Ángel Panduro	Jordi Hereu	Juan Jesus Garcia	Ignacio Sanchis
Work History				Kudelski Group, and Philips
Title	Chief Executive Officer	President	Chief Financial Officer	Chief Commercial Officer
Status	Current	Current	Current	Current

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