PARIS (France), September 14, 2017 – Bulgaria Sat, Bulgaria's sole satellite operator and the country's innovator in the space industry, was awarded "Newcomer Satellite Operator of the Year" for 2017 during the 14th Annual Awards for Excellence in Satellite Communications which took place as part of the Summit for Satellite Financing, the main event of the annual World Satellite Business Week 2017.
"This award is a great honor for Bulgaria and Bulgaria Sat. We pioneered with BulgariaSat-1 project 10 years ago and today we are proud to step up as a part of the European satellite operators' family. BulgariaSat-1 opens the path for the development of the Bulgarian space and satellite industry, expanding the nation's reach and reinforcing our position as a satellite operator in Central and Eastern Europe, fuelling our regional growth."
The Annual Awards for Excellence in Satellite Communications recognized Bulgaria Sat and its management for their outstanding accomplishment in the satellite sector, praising the company's efforts and hard work that led to Bulgaria Sat's status as an active operator following the successful launch of BulgariaSat-1, the first Bulgarian geostationary communication satellite, in June 2017.
The award ceremony for the 14th Awards for Excellence in Satellite Communications took place during the official luncheon hosted by The Boeing Company at the Westin Hotel, Paris.
Recognition from Industry Experts
The winner in the category was chosen by a panel of industry experts from Euroconsult, SpaceNews, and SatelliteFinance who assessed candidates using rigorous qualitative and quantitative criteria. A number of key performance indicators and strategic initiatives are considered in the evaluation process.
BulgariaSat-1 Capabilities
BulgariaSat-1 will provide direct-to-home television (DTH) and data communications services in the Balkans and other European regions. It is suitable for a 4G LTE network at 1800 MHz.
In addition to television and communication services, BulgariaSat-1 can be used in force majeure - accidents due to natural disasters - earthquakes, storms, floods, when land-based networks are not working.
About Bulgaria Sat
Bulgaria Sat is Bulgaria's sole satellite operator and the country's innovator in the space industry, providing reliable and secure satellite communications solutions to broadcast, telecom, corporate, and government customers.
Bulgaria Sat is headquartered in Sofia, Bulgaria. BulgariaSat-1, the first Bulgarian geostationary communication satellite, was launched by SpaceX on a Falcon 9 rocket in June 2017. BulgariaSat-1 provides television and communication services directly to homes in the Balkans, North Africa, and other European regions.