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The Argentinian State-controlled satellite agency was born

Buenos Aires, Argentina - It is called Arsat and it will be State-owned for its 30%

Argentina got itself an agency for creation, development, launch and put in orbit of telecommunication geostationary satellites. It is called Arsat and 70% of shares will be in private hands, while 30% will be State-controlled through the Ministry of Planning and the Ministry of Economy. Arsat will receive a 50 million pesos (EUR 13m) starting funding by the Treasury, then it will be put into B-class...

AVIONEWS - World Aeronautical Press Agency - 141378

AVIONEWS - World Aeronautical Press Agency
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