SpaceQuest Signs a Letter of Intent with MISHAAL Aerospace for Launch of their Satellites

MISHAAL Aerospace Corporation is pleased to announce that SpaceQuest Ltd. signed a Letter of Intent for launch of their satellites once MISHAAL Aerospace's M-OV, Orbital Vehicle, is ready.

Miami, FL (PRWEB) October 24, 2014

MISHAAL Aerospace Corporation, the Miami-based launch vehicle provider for small satellites, is pleased to announce that SpaceQuest Ltd., a Virginia based advanced satellite developer, signed a Letter of Intent for launch of their satellites once MISHAAL Aerospace's M-OV, Orbital Vehicle, is ready.

The Letter of Intent highlights SpaceQuest's satellites launch requirements and the minimum payload intended for launch. This letter of Intent also paves the way to enter into negotiations once the M-OV is ready for commercialization and launch.

“We are very happy and excited to do business with SpaceQuest and look forward to launching their satellites in the near future,” said Mishaal Ashemimry, CEO of MISHAAL Aerospace. A feeling shared by Dr. Dino Lorenzini, CEO and Chairman for SpaceQuest, who stated, “I am pleased to sign a letter of Intent to use the Mishaal Aerospace launch vehicle when it is available for commercial use.”

ABOUT MISHAAL AEROSPACE

Founded in 2010, MISHAAL Aerospace specializes in launch vehicle development to send small satellites (<=500 kg) to Low Earth Orbit. The company designs, develops and launches its own line of rockets, the M-Rocket, which is the first generation of cost-effective dedicated small satellite launch vehicles. The M-Rocket serves the broad applications of small satellites for clients from government, research, commercial aerospace and telecommunication industries. MISHAAL Aerospace's objective is to provide a turn-key and cost-effective approach to space access, making it more common place and accessible.

Visit http://www.mishaalaerospace.com for more information.

ABOUT SPACEQUEST Ltd.

Founded in 1994, SpaceQuest, Ltd. is a leading provider of advanced satellite technologies for government, university and commercial entities. SpaceQuest specializes in the design, development, and manufacture of spacecraft as well as space and ground components for operation with low-Earth orbiting satellites. Leveraging innovative designs and commercial practices, SpaceQuest is able to deliver satellites, components and ground systems faster and more cost effectively than ever before. SpaceQuest, Ltd is a privately held company with headquarters in Fairfax Virginia.

Visit http://www.spacequest.com for more information.

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