CPF signs agreement to launch first Jordanian mini satellite

AMMAN — The Crown Prince Foundation (CPF) on Tuesday signed a memorandum of understanding (MoU) with renewable energy solutions provider Fotowatio Renewable Ventures (FRV), which will support a project by the foundation to launch the first Jordanian mini satellite. 

Under the MoU, which was signed by CPF acting CEO Nour Abu Ragheb and FRV Managing Director of Middle East, Africa and New Territories Nicolas Fasquelle, FRV will provide financial support for the CPF’s Masar initiative, under which the project was developed, the Jordan News Agency, Petra, reported.

Designed and installed by Jordanian youth, the CubeSat (JY1-SAT) seeks to promote the Kingdom by broadcasting images of touristic and heritage sites, and communicate wirelessly with earth stations worldwide.

At the signing ceremony, Abu Ragheb thanked the FRV for their support, noting that the agreement comes as part of the CPF’s efforts to strengthen strategic partnerships with local and international companies and institutions in order to achieve development goals focused on tapping the potential of Jordanian youth. 

She added that “Masar”, one of the CPF initiatives, will also introduce Jordan to engineering and space science.

For his part, Fasquelle expressed FRV’s keenness to support the foundation through the Masar initiative, adding that such an aproach reflects the company’s commitment to supporting Jordan in general and the youth technological and social development in particular.