Intersputnik prepares to launch an international investment program for business development
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Intersputnik prepares to launch an international investment program for business development

 

The Intersputnik International Organization of Space Communications starts inviting preliminary applications within the framework of a business development program pertaining to satellite telecommunications. The program investment fund totals USD 4,500,000. Out of this fund, a single applicant may receive up to USD 750,000 on preferential conditions.

 

For already several decades it has been Intersputnik’s purpose to assist in the consolidation and expansion of economic, scientific, technological, and cultural relations by means of telecommunications, radio and video broadcasting via man-made satellites.

 

The mission of the program is to contribute to the implementation of innovative space projects, including those in the field of satellite telecommunications services, satellite audio and video broadcasting, manufacture of satellite systems and telecommunications equipment, construction and upgrading of satellite telecommunications ground infrastructure.

 

In the first place, the investment program is targeted at the member-countries of Intersputnik. At the same time, projects from other countries can also be considered. Today, Intersputnik unites the following 26 countries: Azerbaijan, Afghanistan, Belarus, Bulgaria, Hungary, Vietnam, Germany, Georgia, India, Yemen, Kazakhstan, Kyrgyzstan, Korean Democratic People’s Republic, Cuba, Laos, Mongolia, Nicaragua, Poland, Russia, Romania, Syria, Somalia, Tajikistan, Turkmenistan, Ukraine, and the Czech Republic.

 

The program will be launched in Q1-Q2 2019. 

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