Management's Discussion and Analysis of Financial Condition and Results of
The following information should be read in conjunction with the Consolidated Financial Statements and the accompanying Notes included below in Item 8 and "Risk Factors" included above in Item 1A of this Annual Report on Form 10-K. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements.
Our efforts are focused on:
• Providing world-class facilities and related support services necessary for the preparation of satellites and payloads. • Providing satellite and payload processing and integration service and support. • Designing, fabricating and utilizing equipment and hardware for launch activities. • Supplying propellant and associated services for spacecraft. • Managing launch logistics and support. • Working with development partners to build industry specific applications using our sensor equipment. • Commercializing unique space-based technologies. Our Business Units
ASO provides support to its government and commercial customers as they successfully process complex communication, earth observation and deep space satellites in preparation for their launch on a variety of launch vehicles. Processing activities include satellite ground transportation; pre-launch hardware integration and testing; satellite encapsulation, fueling, launch pad delivery; and communication linked launch control. Our ASO facilities can accommodate five-meter class satellites, encompassing the majority of U.S.-based satellites. ASO's service capabilities include designing and building spacecraft processing equipment and facilities. Additionally, ASO provides propellant services including designing, building and testing propellant service equipment for servicing spacecraft. ASO accounted for 99% of our consolidated revenues for the year ended