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TrustPoint Launches Third Satellite and Successfully Establishes First Contact

WASHINGTON--(BUSINESS WIRE)--TrustPoint, a pioneer in next-generation space-based positioning and navigation solutions, is proud to announce the successful launch and first contact of its third free-flying satellite, Time Flies, aboard the latest rideshare launch out of Vandenberg Space Force Base on Monday. This milestone strengthens TrustPoint’s leadership in delivering innovative Positioning, Navigation, and Timing (PNT) services from Low Earth Orbit (LEO).

"TrustPoint is uniquely positioned to unlock significant market potential. By addressing pressing customer needs from LEO, we’re paving the way for substantial value creation for our commercial partners and investors." - Patrick Shannon CEO, Founder

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Time Flies, TrustPoint’s third satellite launch in two years, integrates substantial technological advancements, including increased power and autonomy. These innovations enhance the company's compact C-band payload, supporting demonstrations and further advancing field testing of TrustPoint-enabled receivers currently in development by the company's growing portfolio of product partners.

"With the successful launch and first contact of Time Flies, TrustPoint continues to prove that a commercial GPS alternative from LEO is not only possible, it’s here," said Patrick Shannon, Founder and CEO of TrustPoint. "As global demand for alternative and complementary PNT systems accelerates, TrustPoint is uniquely positioned to unlock significant market potential. By addressing pressing customer needs from Low Earth Orbit, we’re paving the way for substantial value creation for our commercial partners and investors."

Building on the successes of earlier missions (It’s About Time and Time We’ll Tell), Time Flies underscores TrustPoint’s focus on performance and autonomy to meet commercial and national security requirements. The mission is supported by an all-U.S. team, showcasing the collaboration and expertise driving TrustPoint’s initiatives.

"TrustPoint was founded to enable new applications and address new threats," said Chris DeMay, Founder and COO of TrustPoint. “From program kickoff to first telemetry, the Time Flies mission has been executed flawlessly, validating our technical foundation and reinforcing our ability to respond to global needs for GPS resilience and national security.”

About TrustPoint, Inc.

TrustPoint is developing a revolutionary commercial GPS service, leveraging their C-band LEO satellite constellation. The TrustPoint system has been developed from the ground up to achieve the high performance, security, and availability required for autonomous navigation, critical infrastructure, and national security. Learn more at www.trustpointgps.com.

Twitter - @TrustPointGPS

LinkedIn - https://www.linkedin.com/company/trustpointgps/

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