This partnership is based on the engineering being developed by SSL Loral under a DARPA research project.
The most important part of the announcement however is that SIS has also signed up its first customer.
The company also announced that SES, a world leading satellite-enabled solutions provider, with more than 50 GEO satellites and 12 MEO satellites on orbit, has entered into an agreement for an initial life extension mission with options for further missions. Under this agreement, SES will be the first commercial customer to benefit from satellite refueling that can be called up as needed with minimal disruption to spacecraft operation.
As it did with SpaceX, SES is aggressively supporting this new technology that will revolutionize space operations. Here the technology will allow them to repair their satellites, thus saving them the cost of replacing them with new satellites.