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Boeing Joins Japanese Joint Venture Established by SoftBank
Pairs largest satellite manufacturer with one of the world’s largest cellular providers

EL SEGUNDO, Calif., March 9, 2015 – Boeing [NYSE: BA] has taken an equity stake in SoftBank Satellite Planning Corp., which will develop concepts for a satellite-based disaster response communications system for Japan. The group will evaluate the concepts and propose them to Japan’s Ministry of Internal Affairs and Communications.

“This creative partnership underscores Boeing’s long-term commitment to Japan and supports customer needs using our 50 years of proven experience in satellite technology,” said Craig Cooning, chairman of Boeing Satellite Systems International, Inc. (BSSI) and president of Boeing Network & Space Systems. “We applaud SoftBank’s commitment to enhance Japan’s disaster-response capabilities, and we stand ready to assist in making this important satellite-based technology a reality.”

Boeing’s background in providing satellite-based disaster response systems started in the late 1990s with the Thuraya satellite system, which delivers mobile telephone, data, fax and messaging services throughout the Middle East, North and Central Africa, Europe, Central Asia and the Indian subcontinent. Boeing is currently under contract for Mexsat, a communications system for Mexico that will provide disaster response, emergency services, telemedicine, and telecommunications access for remote areas when it becomes fully operational in 2016.

“As we’ve seen with hurricanes, tsunamis, and earthquakes, the presence of a communications infrastructure can mean the difference between life and death,” said Mark Spiwak, president of BSSI. “The Boeing portfolio includes a version of the Boeing 702HP (high-power) satellite that is designed for mobile communications. We come to the SoftBank team with a deep knowledge of system technical requirements and a solid track record of on-orbit experience.”

A unit of The Boeing Company, Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Defense, Space & Security is a $31 billion business with 53,000 employees worldwide. Follow us on Twitter: @BoeingDefense.

The SoftBank Group comprises SoftBank Corp. (TYO:9984) and its subsidiaries and associates that offer a comprehensive range of advanced mobile communications, fixed-line communications and Internet services around the world. With Sprint joining in July 2013, the SoftBank Group became a leading global carrier that now has over 100 million subscribers. Maximizing synergies across its Group companies worldwide, SoftBank aspires to realize lifestyle innovation through IT. The SoftBank Group also encourages the adoption of clean and safe energy through its business activities.

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Contact:

Joanna Climer
Network & Space Systems
Office: +1 310-364-7113
Mobile: +1 310-227-3534
joanna.e.climer@boeing.com

Rob Henderson
Boeing Japan
Office: +81 (3) 5223 2028
robert.j.henderson3@boeing.com