This agreement initiates the process for the creation of the first satellite control center in Tenerife, in the ITER facilities, and a teleport that will connect with Canalink. With an expected investment of 300 million euros, CanarySat expects investors looking to participate in a technological project with high growth potential.
The Cabildo de Tenerife and ARQUIMEA have reached an agreement of intentions for the creation in Tenerife of the first satellite control center at the Instituto Tecnológico y de Energías Renovables (ITER) and a gateway or teleport, which will connect with Canalink, the neutral communications operator.
The Cabildo de Tenerife and ARQUIMEA promote the creation of CanarySat, a satellite control center which will be installed in the Instituto Tecnológico y de Energías Renovables (ITER), as well as a gateway or teleport which will connect with Canalink, the neutral communications operator. This teleport will be part of the CanarySat project that ARQUIMEA, a Spanish technological company with a wide presence in the Canary Islands, has launched.
CanarySat is a Canary Islands-based company that will manage and operate its own fleet of 66 telecommunications satellites and provide services to other satellite operators and telecommunications providers globally.
This was explained this morning at ITER by the president of the Cabildo, Rosa Dávila Mamely and the CEO of ARQUIMEA, Manuel García-Sañudo, in the presence of the Councilor for Innovation, Research and Development, Juan José Martínez.
In her words, Rosa Dávila, “highlighted the commitment of the Cabildo of Tenerife to make Tenerife the epicenter of technological development in the Canary Islands, bridging the distances in kilometers that previously distanced us from the most developed centers of the planet, thanks to our tax incentives and the opportunities that our geographical location also provides”.
For his part, ARQUIMEA’s CEO, Manuel García-Sañudo, “thanked the support of the Cabildo of Tenerife, through leading technological institutions such as ITER and Canalink, for allowing us to give impulse and accelerate the implementation of an exciting project that will offer a premium connection in all the islands and will position the Canary Islands as a reference enclave in telecommunications”.
At the same time, the President highlighted that “this project represents a great opportunity for Tenerife and the Canary Islands as a whole, by converting the islands into a Hub of reference in telecommunications and satellite operation at a global level, thus responding to the growing world demand for satellite telecommunicationsservices”, and assured that CanarySat will improve connectivity on the islands and between the archipelago and the rest of the world.
García-Sañudo explained that the project begins with a first phase, “in which the construction of the satellite control center is planned, as well as a teleport, which will operate third-party satellites and provide satellite data upload/download, antenna hosting, control and secure data storage services”.
In the second phase, the construction, launching into orbit and commercialization of the capacity of a proprietary network of 66 broadband communications satellites will be carried out. In this way, CanarySat will be able to offer global, secure and high quality services by having the necessary infrastructure and capacity for the ground and space segments on the islands.
The expected investment is 300 million euros and it is expected to have investors, both national and international, seeking to participate in a technological project with a high growth potential. In addition, the project has been certified as suitable for RIC ( Reserve for Investment in the Canary Islands) investment, which is an incentive for Canary Islands investors.
In this sense, Juan José Martínez, highlighted the strategic importance of the technological companies present in Tenerife, such as the Instituto Tecnológico y de Energías Renovables (ITER) and Canalink, in the construction of a diversified and technologically advanced ecosystem. “The alliance with ARQUIMEA for the development of CanarySat is an opportunity to boost the island economy through the generation of employment and the attraction of investments in the technological field, he concluded.”
CanarySat
It is estimated that the CanarySat project will generate around 100 new direct and indirect high-skilled jobs and attract high value-added companies looking for premium real-time and low-latency connectivity, such as satellite operators, telemedicine, banking or cybersecurity companies.
CanarySat will serve satellite operators and will be compatible with other constellations, such as BeetleSat or IRIS², the multi-orbital satellite telecommunications constellation that the European Commission plans to deploy in 2027.
