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Sri Lanka to launch its first satellite in 2015
Friday May 25, 2012 10:21:26 AM,
IANS
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Colombo: China will
help Sri Lanka launch its first satellite by 2015, officials said.
Local company SupremeSAT said it has reached an agreement with the
Sri Lankan board of investment for $20 million for the project. It
has entered into an agreement with China's state-owned China Great
Wall Industry Corporation (CGWIC) for the design, manufacturing
and launching of the satellite, Xinhua reported.
By 2015, the company hopes to utilise the orbital slot of Sri
Lanka -- located at 50 degrees east -- and launch the island's
first telecom satellite.
"We already have two co-branded satellites with the Chinese
company in orbit and by 2015 we hope to launch our own satellite
which will be Sri Lanka's first," a SupremeSAT official told
Xinhua.
The CGWIC is the sole commercial organisation authorised by the
Chinese government to provide satellites, commercial launch
services and to carry out international space cooperation.
SupremeSAT will offer all types of telecom services including
broadband and networking services, various broadcast solutions and
other services such as e-government and e-learning.
SupremeSAT chairman R.M. Manivannan said the firm was coordinating
with the Telecommunications Regulatory Commission on the necessary
approval for the launch.
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