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Embraer, Telebras join forces in Brazilian satellite programme

Submit on Wednesday, May 30th, 2012 22:57

Brazil’s planemaker Embraer S.A. and Telecomunicacoes Brasileiras S.A. (Telebras) have signed a shareholder agreement to form Visiona Tecnologia Espacial S.A., whose capital will belong 51% to Embraer and 49% to Telebras. Initially, Visiona will focus on the Brazilian Geosynchronous Satellite, in line with a Memorandum of Intent announced in November 2011.Other Posts:A Quick Rundown of Satellite TV Options Including PackagesNOAA-N Prime delayed a daySecretive U.S. military space plane mission launchedRaytheon first to successfully test with on-orbit AEHF satelliteGCI successfully transitions all traffic to Galaxy 18Spacehab, Incorporated results Q2 FY2007JAXA Sets Solar-B LaunchAsiaSat 7 launch in progress

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