Aug 27, 2020
South Africa to Build USD266 Million Space Hub: Promises Six Satellites
Posted by Malak Trabelsi Loeb in categories: satellites, sustainability
South Africa’s President, Cyril Ramaphosa has sourced for a R4.4 billion (USD260 million) investor funding at the sustainable infrastructure development symposium. The South African National Space Agency (SANSA) will receive R3 billion (USD177 million) to develop and design up to six satellites in the next four years. The total funding will incubate South Africa’s Space hub. This information was disclosed by the CEO of SANSA, Val Munsami.
South Africa’s President, Cyril Ramaphosa has sourced for a R4.4 billion (USD260 million) investor funding at the sustainable infrastructure development symposium. The South African National Space Agency (SANSA) will receive R3 billion (USD177 million) to develop and design up to six satellites in the next four years. The total funding will incubate South Africa’s Space hub.
This information was disclosed by the CEO of SANSA, Val Munsami.
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