BNP Paribas and Societe Generale have agreed to provide a $115 million loan guarantee to Hughes Network Systems for the launch of Jupiter, its next generation, high-throughput, Ka-band satellite. The loan is guaranteed by COFACE, the French Export Credit Agency, and Arianespace has been contracted by Hughes to launch Jupiter in the first half of 2012.
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- Switching capacity aboard the next-generation Jupiter satellite is expected to be 100 Gbps -- ten times the current generation SPACEWAY 3 with 10 Gbps of capacity.