Artel, LLC Delivered the Final Pathfinder 2 Milestone, Initial on-Orbit Test [Yahoo! Finance]
RED ELECTRICA UNSP/ADR (RDEIY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
first six months of on-orbit operations for the United Space. Pathfinder 2 originally completed its final contractual milestone, the Initial on-orbit Test (IoT) in September 2023, which the U.S. Government accepted, completing all program requirements. This included the design, test, launch, and operation of the satellite and transponder, as well as to provide commercial communications Ku-band bandwidth for 15 years. Pathfinder 2 is an initiative between Congress and the United States Space Force (USSF), formally the US Air Force's Space Command, to move from short-term lease agreements towards long-term investment opportunities for commercial satellite communications (SATCOM). The vision was to host a government owned transponder onboard a commercially owned and operated satellite. Artel was awarded the $19 Million contract on 9 November 2017 to embed the Pathfinder 2 mission on Hispasat's Amazonas Nexus high throughput satellite, built by Thales Alenia Space. The Pathfinder 2 miss
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