Page 62 - hisdeSAT annual report 2014

Hisdesat in figures

5.4 Investment Activity

Regarding the Paz program, in the An additional figure of 1 million €
past financial year all qualification was injected into our Canadian sub-
tests were completed – both envi- sidiary exactEarth in line with the
inter-company financing plan. Con-
ronmental tests of the satellite itself,
tributions made in 2014 therefore
and functional tests of the system
total 2.7 million €. Hisdesat holds a
as a whole – thus leaving the sate-
27% share in the in the Canadian
llite ready for launch during 2015. company exactEarth, which focus-
Investment in the Paz programme ses on developing the satellite AIS
totalled 8.9 million € for the year, market. The aim of the company
adding up to a cumulative total of is to become the market leader by
119.6 million €. deploying a constellation of micro-
satellites that will provide security
services for maritime traffic.

Investment Trends 2012 - 2014
(Million Euros)

Communication

Observation

AIS

® CNES 2015
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