The Luxembourg government is to invest $350 million (€298.6m) in its joint-venture GovSat-2 project with SES. The government will also put in place $233 million for a “strategic capacity reserve”. The investments will be made over the next 12 years.

The extra “strategic reserve” of €200 million could be used between 2025 and 2040 if geopolitical or other unforeseen operational emerge.

SES has ordered the satellite from Thales Alenia Space, and it should be ready for launch in 2028. Its military and government use will see Military X-band and Ka-band and what’s described as a large UHF-band for specialised communications.

Luxembourg has agreed to purchase €75 million of GovSat-2 capacity over 12 years, or €6.25 million per year, with the possibility of an increase if required.

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Tags: luxembourg, satellite