Paraguay invests in space capability and is launching its first satellite Guaranisat-1

The country´s investment in its satellite and space capability is part of a longer-term bet that the industry could develop into a sector with additional opportunities for economic growth and employment.

RIO DE JANEIRO, BRAZIL - Paraguay, attempting to start its own space exploration program, will launch its first satellite, Guaranisat-1, today from the United States’ Wallops Flight Facility in Virginia.

The satellite was developed in collaboration with the Paraguayan Space Agency (AEP) and the Kyushu Technological Institute in Japan. The satellite will assist in the monitoring of natural disasters in Paraguay, including floods and fires. The cost, approximately $400,000, is expected to dwarf the benefits that the development of a nascent space sector could have on the economy. However, the AEP has signaled that this is the first step . . .

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