Parsons Integrates Secondary Payload on Latest Atlas V Launch

Rhea-AI Summary

Parsons Corporation (NYSE: PSN) successfully delivered the secondary payload on the SBIRS GEO5 satellite launch under its $100 million Launch Manifest Systems Integrator contract. This contract, awarded in 2019, aims to enhance space access and optimize launch delivery. The payloads, Technology Demonstration Orbiters TDO-3 and TDO-4, were integrated for the May 18 launch, supporting the U.S. Space Force's objectives. To date, Parsons has facilitated three successful launches and has four additional missions contracted through 2023, aimed at cost-effective solutions for U.S. Government spacecraft.

Positive

• Successfully delivered secondary payload on SBIRS GEO5 launch.
• $100 million LMSI contract enhances space access.
• Integrated two small satellites (TDO-3 and TDO-4) for successful launch.
• Three launches successfully supported; four additional missions contracted through 2023.

Negative

• None.

CENTREVILLE, Va., June 16, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) delivered the secondary payload on the recent SBIRS GEO5 Altas V launch as part of the existing $100 million Launch Manifest Systems Integrator (LMSI) contract. Awarded in 2019, LMSI is designed to expand access to space and maximize the orbit delivery potential of each launch. The company designs, develops, tests, and integrates multi-manifest satellite vehicles on U.S. Government space launch systems.

In preparation for the May 18 launch, Parsons successfully integrated two Technology Demonstration Orbiters (TDO-3 and TDO-4) to ride-share on the SBIRS GEO5 mission, utilizing integrated flight system housing developed by Parsons. The TDO-3 and TDO-4 smallsat payloads are sponsored by the Department of Astronautics at the United States Air Force Academy (USAFA).

“We are pleased to support the United States Space Force and specifically the Space and Missile Systems Center Launch Enterprise Mission Management Office in their objectives to expand access to space,” said Rich Aves, executive vice president, Space and Geospatial Solutions. “This is a significant milestone for the space community and we look forward to advancing the paradigm shift toward small satellites.”

To date, Parsons’ multi-manifest launch solutions have successfully supported three launch missions with an additional four missions under contract through 2023. The missions will enable the addition of numerous small satellites onto current space launches to Low Earth and Geosynchronous Orbits. These missions are designed to deliver cost-effective launch solutions for U.S. Government spacecraft while demonstrating processes and procedures that help scale the Space Force multi-manifest launch paradigm.

To learn more about Parsons’ leading space capabilities, please visit: https://www.parsons.com/capabilities/space/

About Parsons

Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Please visit parsons.com and follow us on LinkedIn and Facebook to learn how we’re making an impact.

Forward-Looking Statements

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Media Contact:
Jason Yaley
+1.571.255.9122
Jason.Yaley@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 571.655.8264
Dave.Spille@parsons.com 

FAQ

What is Parsons Corporation's recent achievement with SBIRS GEO5 launch?

Parsons delivered the secondary payload on the SBIRS GEO5 launch as part of its $100 million Launch Manifest Systems Integrator contract.

What are Technology Demonstration Orbiters TDO-3 and TDO-4?

TDO-3 and TDO-4 are small satellite payloads integrated by Parsons for the SBIRS GEO5 mission, sponsored by the USAF Academy.

How many launches has Parsons supported to date?

Parsons has successfully supported three launch missions and has four more under contract through 2023.

What are the goals of the LMSI contract awarded to Parsons?

The LMSI contract aims to expand access to space and maximize the orbit delivery potential for each launch.