SOURCE: SatMAX Corporation

May 06, 2010 08:30 ET

SatMAX Agrees to Lockheed Martin Purchase Contract Terms

Order Represents Commercial Validation of SatMAX Technology

HOUSTON, TX--(Marketwire - May 6, 2010) -  SatMAX Corporation (PINKSHEETS: SATM), a leading global provider of wireless, non-line-of-sight satellite communications products and services, announced today that the company has agreed to commercial purchase contract terms with Lockheed Martin Corporation for a SatMAX® satellite communications repeater system. The new airdock-installed satellite data communications repeater will be located at the Lockheed Martin Airdock in Akron, OH. 

SatMAX® ALPHA Portable 003 equipment will be used by the Lockheed Martin High Altitude Airship (HAA) program to test satellite-based communications and avionics. The HAA is an un-tethered, unmanned lighter-than-air vehicle that will operate above the jet stream in a geostationary position to deliver persistent station keeping as a surveillance platform, telecommunications relay, or a weather observer. The HAA also provides the Warfighter affordable, ever-present Intelligence, Surveillance and Reconnaissance and rapid communications connectivity over the entire battle space. The technology is available now and ready for integration and flight test.

SatMAX® repeater technology enables satellite communications users to quickly and easily make fully wireless voice and data communications from any non-line-of-sight location. Historically limited by the requirement for satellite communications to have line-of-sight access to orbiting satellites, with SatMAX users now have the ability to access dependable and uninterrupted wireless satellite communications.

With this order, Lockheed Martin continues the validation of a concept of using SatMAX® repeaters for data transfer and testing of aircraft avionics. The SatMAX® repeater will allow HAA engineers to avoid towing the HAA from the airdock to establish a line of sight to communications satellites in order to test satellite-based aircraft avionics systems. This new order will represent another important commercial validation and new application of the SatMAX® technology.

About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. SatMAX® satellite repeaters have been tested and proven with all major branches of the U. S. Military and have been purchased by several major defense contractors. SatMAX® equipment has also been used by the world's the largest, most prestigious oceanographic research institute as an integral component in identifying and quantifying global ocean warming issues. For more information, please visit www.echosatcom.com or view our product information video at http://www.echosatcom.com/index.php/video.

Forward-Looking Statements
Certain statements contained in this release issued by SatMAX Corporation (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.

Contact Information

  • Contact:
    SatMAX Corporation
    Violet Shockley
    (832) 586-8090
    Email Contact