January 2012 A monthly round-up of space industry developments for the information of our clients and friends.

DISH and ViaSat Announce Partnership January Launches On January 9, DISH Network L.L.C. (DISH) On January 9, China Great Wall Industry announced a partnership with ViaSat, Inc. Corporation successfully launched (ViaSat) to offer ViaSat’s next-generation VesselSat 2, a maritime surveillance satellite, satellite broadband service, together with its on a Long March 4B rocket from the own satellite television service, in the form of Taiyuan Satellite Launch Center in northern DISH service bundles. The new service China’s Shanxi province. VesselSat 2 was bundles will make satellite broadband service manufactured by Luxembourg-based available to between 8 - 10 million rural LuxSpace SARL, a subsidiary of OHB AG of customers that are currently unserved or have Germany. VesselSat 2 will be used by access only to lower bandwidth alternatives. satellite messaging company ORBCOMM, Under the terms of the partnership, ViaSat will Inc. (ORBCOMM) in conjunction with the provide satellite delivery services, while DISH VesselSat 1 satellite, an identical satellite will provide billing, installation, customer launched in October, as part of ORBCOMM’s service and merchandising. The service Automatic Identification System (AIS) bundles will be provided under ViaSat’s service. ORBCOMM’s AIS monitors maritime WildBlue brand and via its Ka-band ViaSat-1 traffic and provides information on ship satellite, with download speeds of up to 12 location, heading and cargo to coastal Mbps and upload speeds of up to 3 Mbps. authorities from positions that are out of Abertis Sells Stake in Eutelsat range for ground-based coastal radars. On January 13, Spanish infrastructure group Abertis Infraestructuras SA (Abertis) sold Telstar 14/Estrela do Sul-2 Claim Resolved roughly half of its 31.4% equity interest in Loral Space & Communications Inc. European satellite operator Eutelsat SA announced in a January 17 filing with the U.S. (Eutelsat) in a transaction valued at Securities & Exchange Commission that its approximately $1.3b. The sale involved satellite fleet operator subsidiary, Telesat 35,218,237 ordinary shares of Eutelsat, Canada (co-owned with PSP Investments, representing 16% of Eutelsat’s total share the Canadian pension fund) received capital, priced at $35.64 per share. Abertis, $132.7m in insurance proceeds as settlement reportedly motivated to reduce debt and free for the Telstar 14R/Estrela do Sul 2 partial Space Business Review up funds for new investments, made a net loss claim following its solar array deployment book gain of approximately $507m on the sale. failure in May 2011. Pursuant to the terms of the sale, Abertis’ U.S. Supportive of Space Code of Conduct remaining shares in Eutelsat, now representing only 15.34% of Eutelsat’s total On January 17, U.S. Secretary of State share capital, are subject to a six-month lock- Hillary Clinton remarked that the United up period. The sale was managed by Credit States is interested in working with Suisse Group, Morgan Stanley & Co. international partners to produce a space International plc and Société Générale SA. code of conduct that does not restrict U.S. national security activities in space. The Satellites Healthy In-Orbit European Union (EU) recently proposed a Nigeria’s Nigcomsat-1R telecommunications space code of conduct that provides rules for satellite, launched by China Great Wall operating satellites and other space vehicles Industry Corporation on a Long March 3B in a manner that prevents and reduces the launcher on December 20, and six likelihood of future mishaps, such as space Globalstar, Inc. (Globalstar) mobile- collisions, and irresponsible behavior, such as communications satellites, launched on a the creation of space debris. Proponents of Russian Soyuz launcher on December 28, the space code of conduct posit that, as are reported as healthy and are being space grows more and more congested, transferred to operational orbits. Nigcomsat- guidelines for the responsible use of space 1R is expected to enter service in spring of will become increasingly important for this year, while the six Globalstar satellites ensuring the long-term sustainability, safety will use their on-board propulsion systems to and security of space. Thus far, while Canada BEIJING climb to a 1,400 km operating orbit in the next and Japan have endorsed the EU’s proposed FRANKFURT few months. code of conduct, Russia, China, India and HONG KONG LONDON Brazil have indicated they will not follow it. LOS ANGELES MUNICH To learn about Milbank’s Space Business Practice, or view previous issues of the Space Business Review, please visit www.milbank.com. NEW YORK The information contained herein is provided for informational purposes only and should not be construed as legal advice on any subject matter. Recipients of this publication should not take or refrain from taking any action based upon content included herein. If you do not wish SÃO PAULO to receive this newsletter, please send an e-mail to [email protected] with the word “unsubscribe” in the subject line. ATTORNEY SINGAPORE ADVERTISING. Prior results do not guarantee similar results. TOKYO © 2012 - Milbank, Tweed, Hadley & McCloy LLP. WASHINGTON DC