Headlines > News > ICO Signs Launch Services and Dual Launch Study Agreement with ILS

ICO Signs Launch Services and Dual Launch Study Agreement with ILS

Published by Klaus Schmidt on Sat Jun 2, 2007 2:37 pm
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*RESTON, Va. -* ICO Global Communications (Holdings) Limited (ICO) (NASDAQ: ICOG) today announced that it has signed a Launch Services and Dual Launch Study Agreement with ILS International Launch Services (ILS). With this contract, ICO has established a Proton launch services agreement for up to five launches in the 2009 through 2011 timeframe. In addition, ILS will design and propose a dual launch capability for ICO’s Medium Earth Orbit (MEO) satellites.

Bob Day, ICO’s Senior Vice President, Space Systems, commented, “ILS is well-known for their reliability, and with the lift capacity of the Proton Breeze M launch vehicle, ICO looks forward to the cost effective launch of ICO’s Boeing satellites or those of another satellite vendor. Our goal, of course, is to add satellites to our existing ICO MEO constellation in a timely and economic manner.”

“ILS successfully placed the first satellite in orbit for ICO in 2001,” said Frank McKenna, President of International Launch Services. “We are very pleased to continue our direct support of ICO in this exciting next chapter of their business.”

About ICO

ICO Global Communications (Holdings) limited (www.ico.com) is a next-generation satellite communications company based in Reston, Virginia. ICO is developing an advanced hybrid system, combining both satellite and terrestrial communications capabilities, in order to offer wireless voice, data, video, and Internet services on mobile and portable devices.

ICO Point of Contact
Debbie Macomber, ICO
(703) 964-1400

About ILS International Launch Services Inc.

ILS is a joint venture of Space Transport Inc., Khrunichev State Research and Production Space Center and RSC Energia of Moscow. ILS is incorporated in Delaware in the United States and is headquartered in McLean, Va., a suburb of Washington, D.C. For more information, visit www.ilslaunch.com.

ILS Point of Contact
Fran Slimmer, ILS
(571) 633-7462

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