Page 19 - hisdeSAT annual report 2016

CORPORATE

AND SHAREHOLDING

STRUCTURE

Hisdesat has entered into va- Hisdesat’s creation of and participation
CORPORATE rious partnerships with other in this company is a reflection of the

companies and international growing activity being undertaken in the
STRUCTURE agencies in an effort to offer area of Earth Observation, under the Na-
its services to the ever ex- tional Earth Observation by Satellite Pro-
panding global market. gramme (PNOT). AB OUT HISDE S AT

Firstly, up a joint venture was set up with A joint venture has also been set up in
the American company Loral Space & Canada, between COMDEV and Hisdesat,
Communications in the United States, with the aim of providing services based
creating Xtar LLC with the aim of provi- on the AIS satellite maritime traffic in-
ding satellite communications services formation system through the Canadian
to government agencies through its ne- company exactEarth. Hisdesat holds 27% 19
twork of communications satellites. His- of this entity.
desat holds a 44% stake in this company.
There is a collaboration agreement in
In December 2007, Infoterra Servicios place with the Norwegian Armed Forces
de Geoinformación was created with the for the development of the HisNorSat
aim of carrying out activities related to communications satellite. Hisdesat has
remote sensing services, space imagery invested 56% of the total capital.
and data acquisition, as well as the dis-
tribution of high-resolution satellite data
and the development of geo-information
applications and services. Hisdesat holds
20% of the share capital of this entity,
the other shareholders being Astrium
SAS with 60% and the Instituto Carto-
gráfico de Cataluña with 20%.

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