APT Satellite reported a 14% revenue drop in 2019 as regional competitors with new satellites started taking market share.
The ministry said May 3 that PSN will lead a consortium of companies on the project, expected to enter manufacturing late this year, launch in the second quarter of 2022, and begin service in 2023.
A SpaceX Falcon 9 carrying an Indonesian communications satellite, an Israeli lunar lander and a U.S. Air Force smallsat launched Feb. 21 from Cape Canaveral, Florida.
The Indonesian communications satellite that is SpaceX’s primary payload for its second Falcon 9 launch this year overcame a change of manufacturers and the loss of a U.S. Ex-Im Bank loan to reach the launch pad.
China Great Wall Industry Corp. has clinched a contract with an Indonesian joint venture to build a replacement for a satellite that is running out of fuel early due to an underperformed Long March launch.