Page 19 - hisdeSAT annual report 2011

ABOUT HISDESAT

2.3 Corporate and

shareholding structure

Since its inception, HISDESAT has stood out as a company

of high strategic value to the Spanish Government.

Shareholders This shareholding responds to a model of
public private partnership in order to pro-
vide services of a strategic nature with the
The system for maritime information (AIS) In recent years, its intense activity and its criteria of efficiency and excellence.
highly developed programmes have trans-
lated into the generation of significant in- Corporate structure
The AIS Satellite System from the more than 60.000 vessels that dustrial returns for the national aerospace
16 have this system, with this data being 17 industry. HISDESAT has established various collabora-
The system for maritime information by sat- transmitted to terrestrial stations, where tion agreements with other companies and
ellite (AIS) is managed through the Canadian the information is put together and pre- Shareholders in the company are the sat- entities of an international nature, for the
company, exactEarth, which is the result pared in accordance with the requisites of ellite communications operator Hispasat purposes of providing its services to an in-
of a joint venture between COMDEV and the different users of this system. This sys- (43%), the public company belonging to the creasingly extensive and global market.
HISDESAT. The ten satellites which make up tem is of great use to Ministries such as Ministry of Defence INSA (30%), EADS CASA
this new constellation receive AIS signals those of Defence and the Home Office, but Espacio (15%), INDRA (7%) and SENER (5%). Firstly, it set up a Joint-venture in the Unit-
can also be used in other governmental ed States with the American company Loral
THE AIS SATEllITE SySTEm fields (merchant navy and other civilian op- Space & Communications, for the creation of
erators). As well as controlling world traf- Xtar LLc, the objective of which is to provide
fic and coastal security, it can have appli- SHArEHolDErS of HISDESAT satellite communication services to govern-
cations in search, rescue and environmental mental bodies through its communication
operations, and it receives complementary satellites. HISDESAT holds 44% of the shares.
data generated by the Paz satellite.
In December of 2007, Infoterra Servicios de
Geoinformación was created, the purpose
of which is to undertake ac-
tivities relating to tele-detec-
tion services, spatial imagery
and data acquisition, as well
as the distribution of high res-
olution satellite data and the development
of geoinformation services and applica-
tions. HISDESAT holds 20% of the share cap-
ital, with the remaining shareholders being