At a bankruptcy auction conducted on Wednesday, European satellite services company SES won the bidding for the Protostar 2 satellite, posting a cash offer of $185 million for the spacecraft, which was launched last spring. SES’s auction win follows on Intelsat’s successful bid of $210 million last month for Protostar 1 (formerly Chinasat-8), which is currently positioned at 98.5° East Longitude. Wednesday’s auction completes the sale of the in-orbit assets of Protostar, a Bermuda-based start-up firm that filed for Chapter 11 bankruptcy protection earlier this year. Carrying 22 Ku-band and 10 S-band transponders, the Boeing-built Protostar 2 satellite was launched to the 107.7° East Longitude orbital slot in May. SES is expected to use its newly-acquired satellite to boost capacity over Asia. Meanwhile, Orbital Sciences Corporation announced on Wednesday that it had been selected by Intelsat to build and deliver the Intelsat 23 (IS-23) satellite that is scheduled for launch in 2011. Slated for deployment to 53° West Longitude, IS-23 will carry 15 Ku-band and 24 C-band transponders, and will provide coverage over the Americas, Europe and Africa. The spacecraft will be designed on Orbital’s STAR-2 platform and will also generate 4.8 kilowatts of payload power.