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The words above were just announced in the control room for New Horizons. They have confirmation that the spacecraft survived the fly-by of Ultima Thule, and is now ready to begin downloading the data it obtained.
It will take literally a year to get all of that data. They will be holding a first press conference within an hour to outline in greater detail the spacecraft’s status, followed by another briefing at 2 pm Eastern where they will likely release the first images.