🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Elbit Systems launches nanosatellite for commercial communications

Published 12/18/2019, 10:48 AM
© Reuters. Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa

TEL AVIV (Reuters) - Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space.

Nanova was developed in collaboration with an unnamed U.S. company and is planned to be a part of a nanosatellite constellation for commercial purposes.

Nanova will be operated from a ground control station set up in Haifa, Israel. It was launched from the Satish Dhawan Space Center in the south of India, onboard the Polar Satellite Launch Vehicle.

The nanosatellite is the size of a juice carton and hosts an ultra high frequency communication payload providing a direct satellite link for data, voice and text messaging.

© Reuters. Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa

"We plan to continue to invest in this emerging field, expanding our sensing capabilities and the range of potential applications," Yoram Shmuely, general manager of Elbit Systems aerospace division, said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.