$SESG (-3.27%) 10.48% dividend yield
McLean, Va. - Intelsat, operator of the world's largest integrated satellite and terrestrial networks and a leading provider of in-flight connectivity (IFC), will soon launch a fast, reliable multi-orbit connectivity service for Embraer E2 aircraft, beginning the day the aircraft is delivered. This is possible thanks to a new line-fit agreement with Embraer (NYSE: ERJ / B3: EMBR3), which allows the aircraft manufacturer to install the equipment during factory production.
"Intelsat is the first multi-orbit satellite on-board connectivity system with an electronically steered antenna (ESA) array to be installed at the Embraer factory. It provides passengers with reliable streaming connectivity from the moment the aircraft enters service," said Rob Baird, Director of OEM Programs at Intelsat. "Passengers on board Embraer E2 aircraft will soon benefit from multi-orbit connectivity that offers the same fast and reliable Internet access as at home thanks to wide coverage and low latency."
Under the buyer-provided equipment agreement to offer Intelsat's multi-orbit system as an installation option for Embraer's E2 aircraft, airline customers can order aircraft with the Intelsat ESA system installed and operational upon delivery.
"At Embraer, we pride ourselves on building the most efficient, reliable and comfortable narrow-body aircraft in the world and continuously developing technologies that improve aircraft performance and the passenger experience," said Martyn Holmes, CCO of Embraer Commercial Aviation. "With Intelsat's IFC system now available as standard, we are providing our airline customers with a highly optimized in-flight Wi-Fi experience that ensures their competitiveness and delights their passengers."
About Intelsat
Intelsat's global team of experts is focused on delivering seamless and secure satellite-based communications to government, NGO and commercial customers through the company's next-generation global network and managed services. Intelsat bridges the digital divide by operating one of the world's largest and most advanced satellite fleets and connectivity infrastructures, enabling people and their devices to talk across oceans, see across continents and hear through the sky to communicate, collaborate and live together. Since its founding sixty years ago, the company has been pioneering breakthroughs in the satellite industry to serve its customers and the planet. Building on its legacy of innovation and with a focus on tackling a new generation of challenges, Intelsat team members now set their sights on the next innovations in space to shake up the field and lead the industry's digital transformation.
https://www.intelsat.com/newsroom/intelsat-embraer-to-factory-install-multi-orbit-service/
