NEC inks deal to supply Earth observation satellite to Vietnam

By Akshay Kedari  Date: 2020-04-24

NEC inks deal to supply Earth observation satellite to Vietnam

NEC Corporation, a Japanese multinational electronics and information technology company, has reportedly inked a deal with Sumitomo Corporation to manufacture and launch the "LOTUSat-1" Earth observation satellite for the Vietnamese government.

As per sources familiar with the knowledge of the matter, the deal is expected to be worth around 20 billion yen. The company will also develop a ground system and local human capacity building programs associated with the satellite development process. This satellite will help the Vietnam government to take proactive measures against climate change and natural disasters. It is the first satellite system that NES will deliver outside of Japan and expected to launch in the year 2023.

Sources cite that the satellite will be equipped with SAR (Synthetic Aperture Radar) and be based on NEXTAR, a satellite system that leverages NEC's extensive expertise and enables rapid delivery time, high functionality, and reduced costs.

LOTUSat-1 can capture earth images with high definition under all climatic circumstances in a day as well as night. The images obtained from LOTUSat-1 will provide timely and accurate information for reducing the influence of climate change and natural disasters.

Reportedly, NEC will deliver a complete ground system including a satellite control center, 9 meter-diameter parabolic antenna, mission data utilizer center, and user interface that is based on the company’s "GroundNEXTAR" software package. The company will install the system at a              Hoa Lac based space center which being operated by the Vietnam National Space Centre.

Moreover, the company will provide satellite development and operation processes training to aid the development of local human resources. It will further improve the monitoring capabilities and ability to predict natural disasters.

It is the first satellite project by Japan-based company that uses ODA (Official Development Assistance) from JICA (Japan International Cooperation Agency) under its STEP (special terms for economic partnership) program.

Source Credit -https://www.nec.com/en/press/202004/global_20200423_02.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Tiger Global looking to raise USD 10 billion to create new venture fund

Tiger Global looking to raise USD 10 billion to create new venture fund

By Akshay Kedari

American investment firm Tiger Global is reportedly looking to create a capital fund for startups by securing USD 10 billion from investors. So far, the company has participated in over 100 investment rounds since the past three months and has manage...

Urban Company secures USD 190 million in funding round led by Prosus

Urban Company secures USD 190 million in funding round led by Prosus

By Akshay Kedari

Urban Company, an Indian gig marketplace that provides home maintenance services, has secured USD 190 million in a funding round which was led by Prosus N.V. Other participants in the fundraising included companies such as Steadview Capital, Tiger Gl...

Samsung might launch a foldable Android tablet in first quarter of 2022

Samsung might launch a foldable Android tablet in first quarter of 2022

By Akshay Kedari

After introducing three foldable smartphones in the past couple of years, South Korean multinational conglomerate Samsung Electronics is reportedly working on its first tri-folding Android tablet. According to reliable sources, the new product is lik...

Remote hiring startup Deel secures USD 156 million in Series C funding

Remote hiring startup Deel secures USD 156 million in Series C funding

By Akshay Kedari

Deel, a company that specializes in offering recruitment, payroll, and compliance tools, has reportedly secured USD 156 million during a Series C funding round which was led by YC Continuity Fund. The California-based startup has now reached a valuat...

Audi unveils the A6 e-Tron concept with 700 km range and 800 Nm torque

Audi unveils the A6 e-Tron concept with 700 km range and 800 Nm torque

By Akshay Kedari

Audi AG, a German multinational auto manufacturer of luxury vehicles has unveiled the A6 e-Tron concept which is soon likely to be made available globally. The production version which is expected to have a range of 700 km (more than 400 miles) is to...