Bangladesh to build its first satellite

by Staff Reporter | April 2nd, 2012

Prime Minister Sheikh Hasina inaugurating the campaign- "Digital Bangladesh: Plan of Connecting People"

An American firm will help Bangladesh design and launch  the South Asian country’s first satellite.Officials say Space Partnership International (SPI) signed a $10 million consultancy  deal with the state-run Bangladesh Telecommunication Regulatory Commission in  Dhaka.

SPI managing director Bruce D. Kraselsky says his Maryland-based company will  design the satellite and hire a company to build and launch it.  He says Bangladesh wants to launch the satellite by 2015.

Bangladesh says the satellite would improve its telecommunications services,  collect meteorological data for disaster warnings and map natural resources. Bangladesh says the satellite will cost around $150 million. It currently spends $11 million a  year renting foreign satellites.

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