A Bolivian communications satellite is launched from the Xichang Satellite Launch Center(XSLC), southwest China's Sichuan Province, Dec. 21, 2013. China successfully sent a Bolivian communications satellite into orbit with its Long March-3B carrier rocket at 0:42 a.m.(Beijing Time) Saturday. (Xinhua/Yan Yan)
LA PAZ, April 2 (Xinhua) -- Bolivia has collected 33 million U.S. dollars through the services of the Tupac Katari communications satellite after two years of operation, the Bolivian Space Agency (ABE) announced Saturday.
The satellite, which was launched by China, is currently using 60 percent of its capacity to benefit 25 Bolivian companies, according to ABE.
The income from the satellite had surpassed expectations and the 302-million-dollar investment would be recouped within 15 years of operation, ABE director Ivan Zambrana told a press conference.
"The satellite is beginning to bear fruit and we have many more contracts already set to meet the loan," said Zambrana.
He noted that this would allow the country to repay the loan China granted to build and put the satellite into orbit. In December 2010, the Bolivian government and the China Development Bank agreed on a loan worth 295 million dollars to finance the project.
Tupac Katari, named after an Aymara warrior who fought Spanish invasion in the 18th century, was launched three years later and began operating in April 2014.
XICHANG, Sichuan, Dec. 21 (Xinhua) -- China successfully sent a Bolivian communications satellite into orbit with its Long March-3B carrier rocket from southwest Xichang Satellite Launch Center at 0:42 a.m (Beijing Time) Saturday.
Bolivian President Juan Evo Morales Ayma was present, the first time a foreign head of state has witnessed a satellite launch in China. Full story
LA PAZ, Sept. 5 (Xinhua) -- The Chinese-built Bolivian satellite Tupac Katari is undergoing testing in a space simulator to determine whether it can withstand the extreme temperatures of outer space, the Bolivian Space Agency (BSA) said Thursday.
The testing phase aims to verify the satellite's various functions and detect any possible malfunction, said Ivan Zambrana, BSA director and supervisor of the Tupac Katari project. Full story