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Kazakhstan obtains full title to KazSat-2 communications satellite 28 ноября 2011, 18:51

Khalyk Kazakhinstrakh has been designated as the insurance company.
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Photo courtesy of magenta-studio.ru Photo courtesy of magenta-studio.ru
Kazakhstan’s Center for Space Communications has insured KazSat-2 communications satellite, the Center’s Press Service reports. Khalyk Kazakhinstrakh has been designated as the insurance company. KazSat-2 was placed in full operation November 26, KazKosmos National Space Agency reported. November 25 the National Space Agency obtained the full title to the satellite from Khrunichev State Research and Production Space Center. “The insurance company must be a Kazakhstan-based company. But it can have the satellite reinsured abroad, turning to leading foreign insurance companies, just like it was with KazSat-1”, Talgat Mussabayev, Head of KazKosmos National Space Agency, had said September 19. Late August the satellite launched July 16, 2011 reached its orbital position. KazSat 2 is a Kazakh communication satellite designed by Khrunichev State Research and Production Space Center. It features 12 Ku-band transponders for fixed communications and 4 Ku-band transponders for TV-transmissions and is intended for telecast, fixed satellite communication and data transmission for Kazakhstan and Central Asia. The unit weighs 1,330 kg, its service life is 12 years. According to Meirbek Moldabekov, Vice Chairman of KazKosmos, KazSat-2 cost $115 million and it will be recouped in 4 years’ time, if it is exploited at 80% of the capacities. It was to supplement the KazSat 1 satellite, but it has replaced Kazsat 1 due to the complete loss of the first satellite. Launch of Kazsat-2 and construction of a new backup ground-based spacecraft control complex will enable Kazakhstan to save $30 million annually, KazKosmos Kazakhstan Space Agency Head Talgat Mussabayev told a briefing in Akkol September 14. “Today Kazakhstan’s mobile carriers pay about $30 million a year to foreign satellite operators. With KazSat-2 in place all the money will be retained in Kazakhstan”, he said.

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