SITAEL signs two important agreements with China HEAD
SITAEL CEO Mr. Nicola Zaccheo, and China HEAD Aerospace Technologies Co. Vice President, Mr. Wang Zhongmin during the Signing Ceremony
On September 26, 2016 SITAEL CEO, Mr. Nicola Zaccheo, and China HEAD Aerospace Technologies Co. Vice President, Mr. Wang Zhongmin, signed two important agreements during the IAC 2016 in Guadalajara (Mexico). The Signing Ceremony was attended by Mr. Roberto Battiston, President of the Italian Space Agency (ASI), and by Mr. Why Yanhua, Vice Administrator of the China National Space Administration (CNSA).
The first agreement is procurement contract for a 5 kW thruster unit, which will be part of a jointly developed propulsion system for GEO platforms. SITAEL will provide the thruster, based on its HT5k, that will be integrated with a Power Processing Unit and a Propellant Management Assembly developed by the Shanghai Institute of Space Propulsion (SISP).
The second agreement is a Letter of Intent for the provision of three small SITAEL satellite platforms within the China HEAD Aerospace Technology “SkyWalker” constellation. The 24 satellite “SkyWalker” constellation is conceived as a low cost, high performance satellite network for maritime monitoring, Earth observation and data communication applications.
The two new contracts testify the cooperation spirit that links SITAEL and China HEAD Aerospace Technologies since 2013, and open very interesting business opportunities for the Italian Company in China.