Spain, Norway to build telecoms satellite

September 7, 2010

Spain said it signed a deal with Norway Tuesday to build a telecommunications satellite, to be launched in 2014 and used for both civilian and military purposes.

"The deal will involve investment of 300 million euros (380 million dollars) and allow the creation of more than 1,000 jobs," said a statement by Spain's Defence Minister Carme Chacon, who signed the agreement with her Norwegian counterpart, Grete Faremo.

Spain's government, through its operator Hisdesat, will have a 60 percent stake, while Norway's Defence Logistic Organisation will hold the rest.

The , "scheduled for launch in 2014, will provide better strategic communications coverage for the two countries, in the military as well as civilian sectors," the statement said.

Spain and Norway already cooperate in the defence sector, notably in the construction of frigates.

Explore further: US Plans To Put An Indian Astronomer In Orbit

Related Stories

Russia, Indonesia Sign Satellite Launch Memorandum

December 16, 2005

Russia and Indonesia signed a memorandum Wednesday on the launch of a communications satellite at the end of the Russia Hi-Tech 2005 exposition in Malaysia's capital, reports RIA Novosti.

Iran to unveil new home-built satellite: report

December 24, 2009

Iran will unveil a new home-built satellite in February, a newspaper reported Thursday, amid Western concerns that Tehran is using its nuclear and space industries to develop atomic and ballistic weapons.

Recommended for you

Facebook ready to test giant drone for Internet service

July 30, 2015

Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver Internet connectivity to remote parts of the world.

Power grid forecasting tool reduces costly errors

July 30, 2015

Accurately forecasting future electricity needs is tricky, with sudden weather changes and other variables impacting projections minute by minute. Errors can have grave repercussions, from blackouts to high market costs. ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.