Arabsat inks $400m contracts for new satellite
Satellite operator hires companies for design, manufacture and launch of Badr-7
Saudi Arabian satellite operator, Arabsat, has signed contracts worth more than $400 million with Astrium, Thales Alenia Space and Arianespace to manufacture and launch the first satellite in its sixth generation of satellites, Badr-7.
The new satellite will provide capacity for television broadcasting, telecommunications and data services in Ku-band and Ka-band. It will cover the Middle East, Africa, Asia and many parts of Europe.
Badr-7 will be manufactured by the consortium of Astrium, while Thales Alenia Space will design and build the communications payload. Arianespace will launch the satellite.
Badr-7 will be co-located at Arabsat's exclusive Hot Spot 26°E with its other satellites, known as BADR.
Arabsat announced the contracts during a ceremony in Riyadh on Saturday, under the patronage of Abdul Aziz Bin Mohey Aldeen Khoga, Saudi Minister of Culture and Information, and attended by HE Minister of telecommunications and information technology Mohamed Gamil Bin Ahmed Molla, and Arnaud Montebourg, the French Minister of economic regeneration.
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The space race is on in the MENA region. the winners would be decided who rule the space be it business, politics or otherwise.