Arabsat to invest US$2.5bn in launch of new satellites

arabsatSaudi Arabia-based satellite communications firm Arabsat has said it would invest US$2.5bn to launch five new sixth generation satellites in 2015

Arabsat's vice-president of sales and marketing Tarek Balkheyour said that Arabstat was focusing on renewing and replacing the current fifth-generation satellites.

The satellite communications firm added that it was looking to circulate border insurance throughout satellite surveillance of several Arab countries.

“What is worth saying is that sixth generation satellites are a quantum leap in terms of manufacturing technology and the capabilities of satellites. The new satellites will cover the Middle East, Africa, Asia and many parts of Europe,” Arabsat noted.

Arabsat operates a fleet of five satellites providing information and services to governments, media entities and entertainment companies. It also provides coverage to more than 100 countries, covering major parts of the Middle East, Africa, Europe and Central Asia.

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