[SatNews] The UK Space Agency this week (March 26, 2015) announced seven new space projects that will see UK companies working with international partners to develop satellite technology in emerging economies.
From telecommunications delivered by low-cost CubeSats to e-finance solutions and access to maternal health in remote locations, the seven new projects, funded through the International Partnerships Space program (IPSP), will demonstrate how UK satellite, or space, technology can provide societal and economic benefits to countries that do not currently have such capabilities.
The seven new projects are an excellent example of how the IPSP program is generating new opportunities for UK industry to operate with both emerging and established space-faring nations and supporting UK companies to become trusted partners to provide high-tech exports. It is a two-year, £32 million program established and led by the UK Space Agency. This latest announcement is the result of the first call for projects, all funded to March 2016.
UK satellite data and cutting-edge space technology plays an ever increasing role on the international scene in both the economies of major and established space nations as well as in the development of emerging space nations.
In the UK we take for granted the services we receive as a result of space infrastructure such as seeking a weather forecast, planning our journey into work, managing our businesses online or accessing data at the touch of a button. However, for many in emerging economies, basic services such as communication infrastructure or local mapping are simply not available to them. Satellites in space often provide the only communication options in many countries in the world, particularly in places like sub-Saharan Africa. In addition, environmental monitoring from space can make a valuable contribution to resource management and response to environmental crises which can be particularly challenging owing to extreme environments and harsh conditions for agriculture and water management. Monitoring from space satellites can also support longer term climate mitigation and adaptation programs.
Space also has the potential to inspire young people from even the most difficult backgrounds to dream of a job as a scientist or engineer. This program will help build in-country capacity and capability to undertake research and innovation to solve societal challenges and grow economies.
The seven new IPSP projects are:
1. Project: iKnowledge UK Lead Supplier: Avanti Communications Ltd International Partner: The Tanzania Universal Communications Service Access Fund (UCSAF), the Ministry of Education and Vocational Training (MoEVT) and Tanzania Industrial Research and Development Organization (TIRDO)
Avanti Communications will deliver a major ICT infrastructure and e-learning program to teachers across Tanzania.
The iKnowledge program will equip up to 250 schools in rural and unde
Nothing specific, on the intention to move to the main market, though. I believe they intend to transfer over when the time is right . I think we just have to be patient, keep holding on, and indeed buy more at low levels.
Hi Jeffoto, I think your analysis is correct. The SP was always likely to retrace to around the 220 placing price which was predicted a few weeks back. SP's drift on AIM without news which is why AVN would be better listed on the main market from an investors perspective. I know it was their intention some time back. Do you know of any developments on that front ?
Has dropped by around 30p in the last month and by nearly £1.00 since the AGM last November. Anyone like to explain possible reasons for such a drop. Is it just the nature of AIM rather than any fundamental issues. Perhaps the lack of news is contributing to the price falls?
I remain bullish, and looking forward to transferring another batch of my holding into my ISA, at the beginning of the new tax year.
Chancellor George Osborne announced in today's budget action to assist bringing super fast satellite broadband to rural areas which probably means subsidising installations. This is already understood by the EU who conducted research into how best to bring super fast broadband to its rural population (circa 10%). Got to be good news to the satellite industry.
17/03/2015 Exploring technical challenges in the emerging 5G Ecosystem, Hallam Conference Centre, London
Panel - 4G to 5G: evolution or revolution? A UK perspective on future spectrum needs, new communications standards and key technology solutions. Panellists include Kumar Singarajah, Director, Regulatory Affairs, Avanti Communications Group
Datafeed and UK data supplied by NBTrader and Digital Look.
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