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In a prominent example of what Finance Minister Jaime Ongpin later branded "crony capitalism", the Marcos administration sold its majority shares to Marcos cronies such as Roberto Benedicto in 1982, despite being very profitable because of its role as the sole agent for the Philippines' link to global satellite network Intelsat. [6]
The first Philippine satellites were operated by private companies. The first Filipino-owned satellite is Agila-1, a satellite acquired in 1996 by Mabuhay Satellite Corporation from PT Pasifik Satelit Nusantara, an Indonesian company. The first Philippine satellite launched to space was Agila-2 which was placed to orbit in 1997.
The satellite is named Multispectral Unit for Land Assessment (MULA). [4] MULA would be the first of a "next-generation satellites" under the Philippine space program, with the team behind the satellite building on the knowledge gained in developing the Diwata and Maya nanosatellites. [5] The investment cost for the satellite is at least US$34 ...
Diwata-1 [6] also known as PHL-Microsat-1 was a Philippine microsatellite launched to the International Space Station (ISS) on March 23, 2016, and was deployed into orbit from the ISS on April 27, 2016. It was the first Philippine microsatellite and the first satellite built and designed by Filipinos. [7] [8] It was followed by Diwata-2 ...
Mabuhay Satellite Corporation (MSC) was a Filipino aerospace corporation responsible for operating communication satellites and before 2009, the only Philippine company to do so. It was later renamed as Mabuhay Investment Corporation (MIC) and became a holding company owned by PLDT . [ 1 ]
However, in March 1967, GTE disposed of their 28% controlling interest in PLDT. Which is why on November 7, 1967, the Philippines Telecommunications Investment Corporation (PTIC) was registered to buy GTE's controlling interest. Ramon Cojuangco, who was part of one of the most influential clans in Philippine history, was a main incorporator ...
Agila-2, the first launched satellite of the Philippines. The satellite now operates as ABS-3. In 1974, the Philippines planned to use satellites to improve communications. The leasing of satellites from Intelsat was considered but it was later decided to lease capacity from the Indonesian Palapa system. There were interests for a national ...
The Philippine Earth Data Resource and Observation Center, also known as the PEDRO Center is an organization tasked in operating satellite ground stations.. It is part of the Philippine Scientific Earth Observation Micro-satellite (Phil-Microsat) program by the Department of Science and Technology, which includes the deployment of the Diwata-1 and Diwata-2 microsatellites. [1]