Page 63 - hisdeSAT annual report 2012

HISDESAT IN FIGURES

6.2 Investment activity Within the framework of

Hisdesat’s Strategic Plan, the area of Earth Observation represents
the main driver of growth and diversification in the medium and

long term. Radar technology together with satellite AIS and

ultimately optic technology, will allow the company to complement

and enrich its portfolio of services.

EVOlUTION OF ACCRUED INVESTMENTS
During 2012, the company has continued to develop 2010 - 2012 (MM OF EUR)
the programme of investments in the Paz satellite,
having achieved at year end a figure of 107,7 million
euros. The Paz satellite is framed within PNOTS (Na-
tional Plan for the Observation of Earth by Satellite)
and represents a differentiating element by setting
up, together with high resolution radar technology,
the AIS automatic identification system within one
same satellite platform.

Earth Observation, the main

driver of growth

Likewise, the company’s position has been reinforced
in the business of satellite AIS pursued through in-
vestee company exactEarth, with participation in the
17 million Canadian dollar loan agreed by the compa- Lastly, the company has decided to regularize the in-
ny with its shareholders. The company’s objective is vestment associated with the HisNorSat project, con-
to lead the market through the unveiling of a constel- sisting in engineering services capitalized between
lation of micro-satellites for the provision of secure 2011 and 2012, in accordance with the delayed deci-
services in the field of maritime traffic. sion adopted in relation to the programme.

63