132 MNOK satellite contract
Kongsberg Satellite Services (KSAT) is awarded a contract to provide ground station services to serve the next generation weather satellites developed by the National Space and Aeronautical and Space Administration (NASA), USA.
KSAT will be using the company’s ground stations in Svalbard Norway and in Antarctica to provide services to the Japanese satellite GCOM-W1 and the NASA satellites JPSS. The Ground Stations will be operated from KSAT’s main office in Tromsø.
The contract confirms KSATs position as the world leading provider of ground station services to polar orbiting satellites.
The contract is for 5 years of operation. The contract value is approx. NOK 132 million.
KSAT is a commercial satellite centre owned 50% by KONGSBERG and 50% by the Department of Trade and Industry through the Norwegian Space Centre Property. KSAT is situated in Tromsø, Norway with ground stations in Tromsø, Svalbard, Grimstad, Dubai, South Africa, Singapore, Mauritius and the Antarctic. KSAT is immaculately located for both TT&C (Telemetri tracking & Control), launch support, as well as data reception and Near real time Earth Observation services.
For further information, please contact:
President Rolf Skatteboe, KSAT. mobile phone +47 91198985.
KONGSBERG (OSE Ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers engaged in the oil and gas industry, the merchant marine industry, and the defence and aerospace industries. In 2011, the Group had operating revenues of NOK 15.1 billion, and it currently has some 6 700 co-workers in more than 25 countries.
This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.