EchoStar Corporation (NASDAQ: SATS) has announced that, during its move to a new orbital location last week, EchoStar III experienced an anomaly of unknown origin that has caused communications with the satellite to be interrupted and intermittent, the company said.
EchoStar III is a Ku-band BSS satellite that provided coverage over the US The satellite, manufactured by Lockheed Martin, was launched in 1997 and has significantly exceeded its 15 year design life. It has been operating in an inclined orbit for more than three years.
EchoStar III is owned by EchoStar and is a fully depreciated, non-revenue generating asset.
EchoStar Satellite Services L.L.C., a subsidiary of EchoStar Corp., is a world-class satellite operator with a fleet of 26 owned, leased and managed satellites. EchoStar Satellite Services delivers reliable and innovative solutions to the satellite industry, providing satellite communications infrastructure and services to media and broadcast organizations, pay-TV operators, enterprise customers and US Government and military service providers.
EchoStar Corporation is a premier global provider of satellite communication solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.