Mobile satellite service provider Ovzon: Ovzon 3 satellite is healthy, operations start mid-year; balance sheet a concern

by Peter B. de Selding

PARIS — Mobile satellite service provider Ovzon AB experts its first owned satellite, the Ovzon 3 launched in January, to be in service by mid-year and to stimulate sales of Ovzon’s satcom-as-a-service offering using the company’s T7 mobile broadband terminal.

Sweden-based Ovzon said the satellite is in perfect health since its Jan. 3 launch and that it is making its way to 59.7 degrees east in geostationary orbit.

The investment in Ovzon 3 and the T7 terminal, coupled with increased sales and . . .

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