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NASA and Intelsat collaborate on a historic and successful space mission to retrieve and re-boost into space the INTELSAT 603 spacecraft, stranded in a low earth orbit after a failed launch in 1990.
A fundamental step to its commercialization, Intelsat transfers working capital, five in-orbit satellites, one in-construction satellite and their associated orbital roles to the newly created company, New Skies Satellites N.V.