Saturday, May 16, 2015

Government recover 100% investment Satellite Centenario – The Economist

The Mexican government recover 100% of the investment in Centennial TV, $ 300 million for construction and $ 90 million for the launch, after he failed mission into orbit.

Hermosillo, Mexico’s government Sonora.- recover 100% of the investment in Centennial TV, $ 300 million for construction and $ 90 million for the launch, after failed mission into orbit.

Gerardo Ruiz Esparza, head of the Ministry of Communications and Transport (SCT) said “the loss is zero and services will be covered by the Morelos III satellite”, which is scheduled for October.

At a press conference, Mark Spiwak, president of Boeing’s satellite division said the replacement of the satellite will take between 36 and 38 months.

James Kramer, vice president of sales ILS said the investigation to determine the causes of failure mission could take about two months.

ERP

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