Page 52 - hisdeSAT annual report 2016

4.1 THE

FINANCIAL YEAR

2 016 IN PERSPECTIVE

ANNU AL REPOR T has contracted SpaceX to do the satellite

launch, which is expected to take place at

of those called for in the National Plan
• the end of 2017. This satellite is the first
for Satellite Earth Observation (PNOTS),
HISDE S AT of Defence and of Industry, Tourism and
which was signed between the Ministries

Commerce in July 2007, and whose ope-
ration and commercialisation has been
entrusted to Hisdesat.

Finally, we continue to hold shares in the
52 n 2016 the Company has continued to Canadian company exactEarth. Hidesat’s
Iprovide government security and de- 27% stake has made it the main share-
fence services on an uninterrupted basis holder of this company after it was floa-
with the Spainsat and Xtar-Eur satellites. ted on the Canadian stock exchange on 8
The SATCOM area has shown high levels February 2016. With a portfolio of services
of activity during the year, with the aim that are complementary to Communica-
of ensuring service continuity beyond tions and Earth Observation, and inclu-
2020/2021 when the current generation ding not only maritime tracking and infor-
of satellites reach the end of their useful
lives. In this context, various technical so-
lutions to adapt to the growing needs of
Security and Defence have been analysed.
Additionally, we are working with the Eu-
ropean Space Agency (ESA) and other re-
levant players in the aerospace industry in
order to reach the most efficient solution
for the Ministry of Defence, implemen-
ting a program with institutional support
through a PPP.
® CNES 2016 DISTRIBUTION AIRBUS DS Earth Observation area, with the objecti-
On the other hand, much of our effort
during the year has been focused on the

ve of launching and putting into orbit the
PAZ satellite in 2017. To this end, Hisdesat