Ukraine plans to launch own communications satellite by 2011

The first Ukrainian communications satellite should be produced by 2011, Director General Yuriy Alekseyev of the National Space Agency (NSAU) told. "The Cabinet of Ministers has lately adopted a regulation on creation the space communications system", - he pointed out, accordingo to Cabinet press office.

According to Yuriy Alekseyev, the document envisages establishment of the interdepartmental council to fulfill the task. The spacecraft will be employed for transmitting voice data, telecasting, and Internet servicing. Governmental agencies and private organizations are supposed to be the satellite's users.

In 2007 the budgetary funding for preparatory works is going to start. The project's value is 200 M. USD. The third part out of the sum is allocated from the budget, and investors are to provide the rest.


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