Page 10 - hisdeSAT Annual Report 2017

PRESENTATION

OF THE FISCAL YEAR

S itting down to write a few words service quality in addition to the
about the 2017 financial year, I
improvements inherent in working in
can’t resist mentioning a later event collaboration.
that, due to its importance, will mark
the future of our company: the launch The versatility and opportunities
of the PAZ satellite. With this event, we offered by PAZ open up a limitless
witnessed the culmination of nine years scenario with potential benefits for
institutions, national and international
of intense work by many professionals
- including industry players, universities organisations and the private sector.
and other international partners - This places us within the small group
who, under the leadership of Hisdesat of European countries who have
and with the support of the Spanish independent Earth Observation
government, have been involved in capacities, with a radar system that is
this project. We have turned the vision capable of capturing images under any
of a common Space industry project light and weather conditions.
with high technological potential into After the recent difficulties, we now
reality. Much talent and many hours of look to the future with optimism.
work (not to mention sleepless nights) The entry into operation of this
have been invested in it. 15 companies
new business is a great milestone
and three universities have taken for Hisdesat, and consolidates the
part, demonstrating the calibre and company as a multi-service satellite
qualifications of the men and women operator. PAZ is expected to enter
working in this sector.
the market in the last quarter of
We as a company are proud of the 2018, after the commissioning
achievement of having put in place phase. But 2017 was also a period of
a Spanish radar technology system outstanding importance in the field
that is capable of competing with the of communications. The Space sector
best in the world. And proof of this is and, in particular, the operations
the operation in constellation with the sector are experiencing a paradigm
Terrarasar-X and Tandem-X satellites, shift. Our worldwide future positioning
based on the collaboration agreement is currently being established, and
reached with Airbus, offering proven decisions taken now will define the

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HISDE S AT ANNU AL REPOR T 2 017