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The inaugural MEV-1 will dock with an Intelsat satellite in three months' time and provide life-extending services over five years. After that, it should be free to help other satellites -- it'll still have 10 years' worth of fuel.
A second spacecraft, MEV-2, will help another Intelsat satellite in 2020 and should have the same amount of leftover fuel. Both MEVs are flexible, too. They can dock with 80 percent of current geostationary satellites, even if they weren't designed for servicing.
Our initial servicing vehicle, the Mission Extension Vehicle (MEV)™ docks with customers’ existing satellites providing the propulsion and attitude control needed to extend their lives. We have now introduced our next generation system, Mission Extension Pods (MEPs)™, which is a smaller and less expensive life extension service that only performs orbit control. The MEPs are installed by a robotic servicing vehicle called the Mission Robotic Vehicle (MRV)™ which can perform all the functions of an MEV while adding new robotic capabilities for additional services.
originally posted by: underwerks
You'd think there would be some kind of technology already developed where you could just shoot a beam of energy at a satellite and power it up that way.