Revenue from Formosat-5 pictures exceeds NT$4m

USE IN TAIWAN: The NSPO said that images from the satellite had been used in research on the Laonong River basin, mountain rivers and alien plant species

Taipei Times
Date: Sep 15, 2019
By: Chien Hui-ju  /  Staff reporter

Formosat-5, the nation’s first domestically developed remote-sensing satellite, has garnered

Pratas Island (Dongsha Island) is shown in an undated photograph taken by Formosat-5, the nation’s first domestically developed remote-sensing satellite.
Photo provided by the National Space Organization

commercial revenue of more than NT$4 million (US$128,804) after operating for nearly a year, the National Space Organization (NSPO) said on Friday.

The satellite was launched by SpaceX’s Falcon 9 from the Vandenberg Air Force Base in California on Aug. 25, 2017, and began commercial operations on Sept. 21 last year.

As of last month, sales and service charges garnered through its satellite images have exceeded NT$4 million and are expected to reach NT$10 million by the end of this year, the NSPO said.

The organization has contracted US firm Apollo Mapping Co to sell images from the satellite, while an Australian company is expected to join soon, the NSPO said, adding that it is also negotiating with a British firm.    [FULL  STORY]

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