Myanmar has planned to launch its own satellite system MyanmarSat-2 in June in 2019, official Global New Light of Myanmar reported Saturday.

To establish state-owned satellite system, the three ways - Condosat which is to lease the use of satellite transponder of another country, joint ownership system and total ownership system - are needed to be done, Vice President U Myint Swe told a coordination meeting of the steering committee in Nay Pyi Taw.

The MyanmarSat-2 will be used on joint ownership system while the MyanmarSat-1 is currently used on lease system.

The project will cost about 155.7 billion U.S. dollars.

The vice president urged the committee to put the Indefeasible Right of Use (IRU) of the transponder as an unchangeable provision in the contract.

The vice president also called on the ministries which are currently working for MyanmarSat-1 using the foreign satellite to hire Myanmar Sat-2 after their contracts with foreign firms expire.

Source: Xinhua News

Tweet

Eutelsat's Airbus-built full electric EUTELSAT 172B satellite reaches geostationary orbit
Toulouse, France (SPX) Oct 16, 2017
The EUTELSAT 172B spacecraft, built by Airbus for Eutelsat, one of the world's leading satellite operators, has now reached geostationary orbit, breaking the record for the fastest satellite electric orbit raising (EOR). EUTELSAT 172B was launched by Ariane 5 from Kourou, in French Guiana, on 1 June. The Airbus spacecraft control centre in Toulouse took control for early operations, initia ... read more

Related Links
China National Space Administration
The latest information about the Commercial Satellite Industry

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only