PanAmSat is joining long-time partner JSAT to form a joint venture that will launch a new Ku-band satellite.
The joint venture, called Horizons-2, will include a high-powered satellite that supports digital video, HDTV and IP-based content distribution networks to broadband Internet and satellite newsgathering services.
The formation of the venture with JSAT, which is on a 50/50 basis, will permit PanAmSat to replace a satellite scheduled to de-orbit with no capital outlays during the two-year construction period.
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