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Lockheed Martin (LMT.NYSE) shipped its third satellite on the modernized LM 2100 bus to French Guyana for launch aboard an Ariane V rocket today.

JCSAT-17 will provide flexible mobile communications services to users in Japan and the surrounding region. Arianespace will launch JCSAT-17 from its spaceport in Kourou.

“Following two successful launches of LM 2100 commercial communications satellites, Lockheed Martin is proud to deliver JCSAT-17 to SKY Perfect JSAT Corporation (SJC), which will add a tremendous amount of new connectivity for users in Japan. This satellite will help grow Japan’s advanced economy by adding new options for mobility, bandwidth where it’s needed, and reliable connections,” said Guy Beutelschies, Lockheed Martin’s vice president for communication satellite solutions.

It’s the first mobile satellite service (MSS) communications satellite built on the modernized LM 2100. It includes 26 innovations that make the satellite more powerful, flexible and versatile in orbit. It’s outfitted with a reprogrammable mission processor for added flexibility should the needs of the mission change. Lockheed is presently manufacturing five modernized LM 2100 based satellites for both commercial and government customers.

How cool is this machine?

satellite
This cool.

The satellite’s payload incorporates S-band and C-band transponders with a 18m mesh reflector and a flexible processor, which allows for continuous communications during high volume events. The satellite also features Ku-band connectivity. This is the eighth satellite Lockheed’s built for SJC, with the others being NSAT-110, JCSAT-9 through JCSAT-13 and JCSATT01109R.

In other less satellite related news…

Lockheed’s launching a vocational scholarship for high school seniors nad college students looking into vocational and trade degrees. This is the first time the aerospace and defense industry has done anything like this. The program offers awards of up to $6,600 each to 150 recipients this year to fund degrees at accredited vocational-technical school sto prepare students for careers in technology adn advanced manufacturing that don’t require a bachelors degree or higher.

“As a global leader in innovation, we recognize the urgent need to address our nation’s skills gap by encouraging, attracting, and developing the next generation of workers in science, technology, engineering, and math. Lockheed Martin’s new vocational scholarships will develop the skills of workers who want to work in advanced manufacturing, but do not choose to go to a four-year college. This program shows that our company is fully committed to preparing workers at every level for the competitive challenges of the modern global economy,” said Marilyn Hewson, Lockheed Martin chairman, president, and CEO.

This comes along with Lockheed’s already existing STEM scholarship program, now in its second year. The program is open to high school seniors and undergraduate students planning to chase engineering or computer science majors, but either can’t afford it or come from underrepresented or underserved communities. The program will reach out and award an addition 200 scholarships worth $10,000 in renewable funds per student this year.

The goal of these educational investments is to encourage students to consider a rewarding career in the technology and advanced manufacturing industry.
The application is open from January 15, 2020, until March 12, 2020, and is being administered by Scholarship America, an organization with more than 60 years of experience designing and managing scholarship programs.

—Joseph Morton

Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

Joseph Morton

Joseph is a Vancouver, BC based writer with a background in journalism and a penchant for the strange, absurd and wonderful. His interests are broad and varied and range from blockchain and cryptocurrency to martial arts.

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