Failed Launch of JCSAT-11 Communications Satellite
(September 6, 2007) - JSAT Corporation (Head office: Chiyoda-ku, Tokyo; President and CEO: Kiyoshi Isozaki; "JSAT") announces that the attempted launch of its JCSAT-11 communications satellite from the Baikonur Cosmodrome in the Republic of Kazakhstan at 7:43 a.m. on Thursday, September 6 JST, using a Proton launch vehicle of International Launch Services, Inc., has failed. An in-depth investigation of the causes of the failure is underway.
This satellite was launched as a successor to an in-orbit backup saetllite. The failure does not affect the communication and broadcasting services currently offered.
At the moment, the impact of the announced incidents on the consolidated results of JSAT is expected to be negligible, given that the satellite and launch costs are covered by satellite launch insurance.