Telespazio and Space Star Technology Corporation sign an agreement for satellite based services

Zhuhai  02 November 2016

Telespazio and Space Star Technology Corporation (SSTC), a Chinese company of the CAST (China Academy of  Space Technology) group, leader in satellite application, technologies and services, have signed a Teaming and Cooperation Agreement (TCA) for the mutual provision of satellite based services.

The cooperation is relevant to three main service segments: Satellite Telecommunications, Earth Observation and Satellite Systems and Operations.

Based on this agreement the two companies will coordinate their commercial efforts in the market domain of teleport and platform services, jointly pursuing opportunity for the provision of global SatCom services.

The companies will cooperate in the areas of geoinformation (Earth Observation) applications, specifically in maritime, interferometry and agriculture, where Telespazio will support the SSTC in setting up its capabilities, and in the SAR (Synthetic Aperture Radar) processing and simulation, where Telespazio will value its Matera Engineering competence center providing Engineering support to SSTC in the development of specific simulation platform for SAR processing.

 “The agreement signed today is a very significant opportunity for Telespazio to establish a long term relationship and a strategic collaboration with one of the most prominent players of the Chinese space and satellite application domain. We look forward for our relationship with CAST group to grow in the coming months and years”, says Luigi Pasquali, CEO of Telespazio.

 “The collaboration between SSTC and Telespazio will strengthen both parties capability in satellite application and services” says Dr. WANG Haitao, CEO of Space Star Technology Co., Ltd. “The Teaming and Cooperation Agreement signed today is a very important opportunity for SSTC to establish a long term strategic relationship with Telespazio in Telecommunication, GEO-Information & Earth Observation and Satellite Operations. Telespazio is one of the most important players of the European space application domain, and our relationship will grow deeper through this signature in the coming years”.

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