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Latin America in the satellite sector

Countries like Peru and Bolivia have Earth observation satellites

According to a report prepared by the Euroconsult company, the satellite sector faces several transcendental and competitive changes, which is why companies must prioritize innovation as a means to prosper and overcome. The firm notes that the market will have a growth by 2026 of 15.3 billion dollars. Latin America is one of the areas that has undergone deeper into space technologies in recent years.

On the other hand, space programs in Latin America seek to develop and nations such as Peru or Bolivia have recently taken another step by successfully launching an Earth observation satellite and a telecommunications satellite, respectively. Colombia also entered into the debate about the need to have a satellite in space. These devices offer Latin American countries better access to communication services.

Despite the good results shown in the satellite programs, events such as the loss of the Mexican Centenario satellite have also occurred, due to the failure of a Russian rocket at the Baikonur space center. Collaboration between countries has been key in the satellite sector, as some Latin American countries often use different launch centers located mainly in China, French Guyana, Russia and the United States.

Latin American telecommunications companies also demonstrate their growth, within which our company is a leader in satellite Internet solutions, AXESS has obtained the recognition of the World Teleport Association (WTA) in Latin America for its teleports for five years. Increasingly, the fishing, financial, oil and even the mining sector have benefited from the solutions obtained by the satellite Internet.

What does the future hold for the Latin American satellite sector?

Brazil, Chile and Colombia announced that they will have access to the Earth observation program through cooperation with the European Commission and with the help of Sentinel satellites, nonetheless, the Chilean nation has sought to launch a new satellite in order to strengthening telecommunications. Argentina is also another country that looks at the launch during the summer 2018 of SAOCOM 1A in order to analyze soil moisture. Costa Rica has also announced the Irazú Project, which would be the first nationally produced satellite from Central America, and will be used to measure carbon gas emissions. These countries endorse their commitment to the satellite sector through their space projects. More and more governments have decided to get involved in the corresponding industries in order to strengthen their countries. (See satellite phone)