According to his linkedin Meidad Pariente still works for Effective Space Solutions this article describes their business quite well and actually quotes Meidad:
“Effective Space Solutions was established to answer what we saw as a need of the communication satellite operators, which is generating additional revenues from near end-of-life satellites as well as managing their fleet in a more flexible manner,” said Meidad Pariente, chief technical officer of Effective Space Solutions.
To do this, the microsatellites will operate out of a docking station of the company’s own design to provide life-extension services that have the potential to expand mission life of a commercial satellite by up to five years, although one to two years is more realistic, according to Pariente. The company will focus on keeping Comsats in orbit for longer to generate additional revenue for commercial customers, although the fleet can offer a slew of other services including satellite relocation and use of inclined orbit satellites.
“Utilization of inclined orbit satellites will allow new satellite operators to get into the market as well as allow existing operators to explore new markets by using satellites at low cost. Instead of building new satellites, a company can purchase inclined orbit satellites and then reutilize it for a specific slot,” explained Pariente.
I wonder if this is the same people/tech etc being aquired, its also in the UK and perhaps the new company setup last week was a just a formality?
If not, will be interesting if he retains that role as they companies objectives sound almost identical.
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