Mitsubishi Electric Completes Expansion of Satellite Production Facility

  Mitsubishi Electric Completes Expansion of Satellite Production Facility

Will help facilitate use of space for new infrastructure and global production

Business Wire

TOKYO -- March 22, 2013

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has
completed expansion of the satellite production facility at the company's
Kamakura Works in Kamakura, Japan. Completed today, the upgraded facility
doubles Mitsubishi Electric's annual satellite production capacity to eight
satellites, the largest among all facilities operated by Japanese satellite
manufacturers.

Mitsubishi Electric has delivered a variety of satellites that now support
daily life, including the meteorological satellite Himawari-7, the first
Japan-made commercial communications satellite Superbird-C2 and the
Quasi-Zenith Satellite-1 MICHIBIKI, which provides location-information
services. Currently, the company is developing the Himawari-8, Himawari-9 and
ALOS-2 satellites, the last of which will succeed the DAICHI in gathering
disaster-related data in areas affected by large-scale natural disasters such
as the Great East Japan Earthquake of 2011.

The global satellite market is showing increasing demand for communication and
other purposes. In addition, Japan's Basic Plan for Space Policy, announced on
January 25 as the nation's space plan for the five fiscal years beginning
April 2013, includes expanded use of space for telecommunications,
broadcasting, positioning and remote sensing purposes that will contribute to
improved quality of life.

Mitsubishi Electric looks forward to operating its manufacturing facilities to
help develop and manufacture satellites that further enrich daily life.


Newly upgraded satellite production facility
Location             Kamakura, Kanagawa Prefecture, Japan
Structure             30.25 m in height, six -story RC structure
Building area         2,183 m²
Floor area            7,817 m² (total floor area of 23,886 m² including
                      existing facilities)
                      - Communications satellites, observation satellites,
Main products         positioning satellites, etc.
                      - Satellite components
Production capacity   8 large satellites/year (including existing facilities)
Investment            Approximately 3 billion yen
Green measures       66kW solar-powered system, heat pump air-conditioning
                      system, 900 LED lights and energy-management system
                      

About Mitsubishi Electric

With over 90 years of experience in providing reliable, high-quality products,
Mitsubishi Electric Corporation (TOKYO:6503) is a recognized world leader in
the manufacture, marketing and sales of electrical and electronic equipment
used in information processing and communications, space development and
satellite communications, consumer electronics, industrial technology, energy,
transportation and building equipment. Embracing the spirit of its corporate
statement, Changes for the Better, and its environmental statement, Eco
Changes, Mitsubishi Electric endeavors to be a global, leading green company,
enriching society with technology. The company recorded consolidated group
sales of 3,639.4 billion yen (US$ 44.4 billion*) in the fiscal year ended
March 31, 2012. For more information visit http://www.MitsubishiElectric.com

*At an exchange rate of 82 yen to the US dollar, the rate given by the Tokyo
Foreign Exchange Market on March 31, 2012

Contact:

Mitsubishi Electric Corporation
Customer Inquiries
Space Systems
https://www.MitsubishiElectric.com/ssl/contact/bu/space/form.html
or
Media Inquiries
Yurika Fujimoto, +81-3-3218-3380
Public Relations Division
prd.gnews@nk.MitsubishiElectric.co.jp
http://www.MitsubishiElectric.com/news/
 
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