ViviSat Confirms Contract Negotiations for In-Orbit Satellite Servicing Vehicle

[Satellite TODAY 03-09-12] U.S.-based in-orbit servicing provider ViviSat is ready to build its mission extension vehicles and announced March 8 that it will be proving its preparedness next week at the SATELLITE 2012 Conference and Exhibition in Washington, D.C.

ViviSat, a satellite life extension joint venture between U.S. Space and ATK, intends to provide geosynchronous satellite operators with in-orbit mission extension and protection services in order to add to the revenue-producing life of its customers’ satellites.

In a statement, ViviSat CEO Craig Weston said the design phase for the servicing vehicle is progressing on schedule and that the company is in negotiations with potential customers.

“The market conditions for ViviSat are strong, with productive and energetic activity on numerous fronts,” ViviSat Board Member and ATK Vice President and General Manager Tom Wilson added. “Both government and commercial organizations are engaged and ViviSat is participating in many business and research efforts. All of this activity demonstrates what we’ve been saying — there is great value in revitalizing space assets.”

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ViviSat Confirms Contract Negotiations for In-Orbit Satellite Servicing Vehicle