Kongsberg Satellite Services (KSAT) is awarded an extension contract to provide ground station services to
KSAT will be using the company's ground stations in
Svalbard Norwayto provide services to Raytheon Company, the prime contractor supporting ground stations to the Joint Polar Satellite System (JPSS). JPSS is the latest generation of U.S. polar-orbiting satellites designed to monitor global environmental conditions and collect and disseminate data related to weather, atmosphere, oceans, land and near-space environment. The Ground Stationwill be operated from TromsØ Network Operation Center (TNOC). The contract is from 01 October 2016through 30 September 2022. The extension contract value is apprx. 41MUSD. For further information, please contact: President Rolf Skatteboe, KSAT. mobile phone +47 91198985. KSAT is a commercial satellite centre owned 50% by KONGSBERGand 50% by the Ministry of Trade, Industry and Fisheriesthrough the company Norwegian Space. KSAT is situated in TromsØ, Norwaywith ground stations in TromsØ, Svalbard, Grimstad, Dubai, South Africa, Singapore, Mauritiusand the Antarctic. KSAT is immaculately located for both TT&C (Telemetri tracking & Control), launch support, as well as data reception and Near real time Earth Observation services.
This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.
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