Page 11 - hisdeSAT annual report 2013
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                                                                                                                achieve this, our focus is again placed on the
                                                                                                                band, Earth Observation and AIS. In order to
                                                                                                                business lines: government services in the X
                                                                                                                in our market with the addition of the different
                                                                                                                future years. We hope to have a greater presence
                                                                                                                which will allow these figures to be surpassed in
                                                                                                                the strategic future of the company are planned,
                                                                                                                evidenced by these positive figures. The bases of
                                                                                                                In short, 2013 was a good year for Hisdesat as


                                                                                                                considerable increase compared to 2012.
                                                                                                                And net profit totalled 22.5 million Euros, a
                                                                                                                recorded by the company since its inception.
                                                                                                                reached 47.1 million Euros, the highest figure
                                                                                                                income amounting to 61.9 million Euros. EBITDA
                                                                                                                Hisdesat closed the 2013 financial year with net
                                                          CEO of Hisdesat
                                                          Miguel Ángel Panduro Panadero
                                                                                                                figure that has doubled in the last year.
                                                                                                                more than 50 customers across five continents, a
                                                                                                                almost 100 million AIS messages per day to its
                                                          inquestionable support.
                                                                                                                of microsatellites, the company now provides
                                                                                                                Thanks  to  the  expansion of  the  constellation
                                                          the members of the Board of Directors for their
                                                          your commitment and also, I would like to thank
                                                          challenges in the coming year. Thank you all for
                                                                                                                the market.
                                                          delivery and excellence. We will surely face new
                                                                                                                Dollars, securing approximately an 80% share of
                                                                                                                the year that amounted to 14.4 million Canadian
                                                          faithfully works in line with the premise of service
                                                          work of the entire Hisdesat team that every day,
                                                                                                                Canadian Dollars with a level of contracting for
                                                          Finally, I would like to highlight the professional
                                                                                                                system for vessel tracking reached, 12 million
                                                                                                                COMDEV), manager of the global monitoring
                                                          investment in research and development.
                                                                                                                exactEarth  (joint-venture between  Hisdesat  and
                                                                                                                forecasts.  The  income earned  by  the  company
                                                          focus, favouring the creation of skilled jobs and
                                                          the creation of programmes with an international
                                                                                                                (AIS) satellite activity increased in line with
                                                          sector of high technological innovation through
                                                                                                                In another area, the maritime traffic information
                                                          such confidence and thus continue to support this
                                                          should be in a position to continue generating
                                                                                                                Observer Programme in the most efficient manner.
                                                          Airbus Defence & Space facility in Madrid. We
                                                                                                                integration of the two satellites in the National
                                                          satellite, which took place in September at the
                                                                                                                the European Space Agency (ESA) to ensure the
                                                          completion of the integration of the PAZ radar
                                                                                                                de Desarrollo Tecnológico Industrial - CDTI) and
                                                          and strategic component. Proof of this was the
                                                                                                                for Industrial Technological Development (Centro
                                                                                                                maintains a close collaboration with the Centre
                                                          capabilities supplemented by a strong innovative
                                                                                                                development of the ground segment. Hisdesat
                                                          of the few countries in the world that has these
                                                                                                                both in the manufacture of the satellite and the
                                                          communications programme and PNOT, is one
                                                                                                                has continued to reach milestones during 2013,
                                                          on investment. Spain, with the government
                                                                                                                is the INGENIO optical technology satellite that
                                                          share of our industry and significant returns
                                                          manufacture of our satellites generates a large
                                                                                                                Nacional de Observación de la Tierra - PNOT)
                                                          and drive the Spanish aerospace industry. The
                                                                                                                National Earth Observation Programme (Programa
                                                                                                                In addition to this satellite, within the Spanish
                                                          We are also continuing our  efforts to promote
                                                          attract new customers from around the world.
                                                                                                                and data acquisition functionality.
                                                                                                                services with regard to revisit time, service reliability
                                                          international  expansion  that has  enabled  us  to
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