A schedule of work has been agreed for what will be Ukraine’s first telecommunications satellite.
Kyiv Post reports that the Ukrainian, Russian and Canadian parties involved in the project signed off the schedule, which should see the satellite, known as Lybid, make its debut in December 2013, following a meeting in Kiev late last month.
A contract between Canada’s MacDonald, Dettwiler and Associates (MDA) and the National Space Agency of Ukraine to build the satellite was signed in December 2009 and there had been fears that its launch would be delayed until 2014 due to problems with registering its orbital slot, which it has been agreed with be changed from 38.2 to 48 degrees East.
Lybid is being financed with a loan of $254.6 million (€202.5 million) from Export Development Canada (EDC).
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