[Satellite Today 10-28-08] ProtoStar already has sold a “significant amount” of capacity on its ProtoStar 1 satellite and expects to be profitable within the next few years, CEO Philip Father said.
    “We had pre-sold a significant amount of capacity at launch with anchor customers such as DishTV/Agrani, PlanetSky and SingTel,” Father told Satellite News. “We have also sold a significant amount of capacity since the launch. In terms of reaching industry metrics of 60 percent to 70 percent utilization, we will reach that in 18 to 30 months.”

The complete contents of this feature are available to our premium subscribers. To receive the latest, inside news on the satellite industry, subscribe to Satellite News. For more information, visit www.satellitetoday.com/VIP