We proudly announce that the negotiations for launching Masat-1 were closed successfully. We have received the signed contract on Tuesday, 25. August 2009.

According to the agreement our satellite will be launched to a ~700 km Sun Synchronous Orbit. This means that the satellite will orbit perpendicular to the equator, twice as high as the International Space Station (ISS).

The start is going to take place in India, but the exact date is not yet arranged. The company responsible for the launch services is looking for opportunities in Q2-Q4 2010.

The pictures are taken from the leaders signing the contract: (from left to right: Dr. László Vajta, dean; Abe R. Bonnema and Eddie van Breukelen, leaders of the launch arranging company (ISIS); Dr. Márta Rencz, Head of Department EET; Dr. Lajos Nagy, Head of Department HVT)

We would like to say thank you for the Faludi Wolf Theiss Attorneys-at-Law and for dr. Fruzsina Tari, who provided space industry specific legal advices.