Kongsberg Gruppen

Regulatory Filings • Sep 23, 2020

KSAT takes a leading role with MNOK 405 frame agreement for global deforestation surveillance

KSAT takes a leading role with MNOK 405 frame agreement for global deforestation surveillance

Kongsberg Satellite Services (KSAT), a KONGSBERG company, will deliver satellite- based optical imagery for deforestation monitoring and control to Norway’s International Climate and Forest Initiative (NICFI). The frame contract has a maximum value of MNOK 405 over a four-year period.

Through this contract, KSAT will help reduce global deforestation by supporting the activities of Norway’s International Climate and Forest Initiative (NICFI), a part of the Royal Norwegian Ministry of Climate and Environment (MCE).

“Satellite-based information is essential for environmental monitoring, as global climate control relies on timely and accurate satellite data. This is an area of great importance to not only KSAT, but also society as a whole. We are therefore pleased to support this important initiative to help combat deforestation on a world scale,” says Rolf Skatteboe, President of KSAT.

Norway has taken a leading role internationally in monitoring global deforestation. By providing satellite mosaics of selected regions, deforestation can be monitored and controlled with the aim of reducing it.

KSAT will provide NICFI with historical and monthly updated mosaics of selected areas world-wide. Satellite-based data will be provided by KSAT partners Planet Inc (USA) and Airbus (France).

This contract is an important milestone for KSAT, and it will strengthen KSATs frontrunner position internationally.

“The contract is of high strategic importance for the development of KSAT as a world-leading partner within services based on satellite data for environmental monitoring and control. It confirms KSAT’s position as a provider of information from optical satellites, and further expands our offerings, says Skatteboe.

For more information contact:

Rolf Skatteboe, CEO and President KSAT, +47 911 98 985

Ronny Lie, Chief Communication Officer, Kongsberg Gruppen, +47 916 10 798

Jan Erik Hoff, Vice President Investor Relations Kongsberg Gruppen, +47 991 11 916

Kongsberg Satellite Services is a commercial satellite centre owned 50% by KONGSBERG and 50% by Space Norway AS. KSAT's headquarter is in Tromsø, Norway with branch offices in Svalbard, Oslo, Stockholm and Colorado, US. KSAT owns and operates 25 ground stations world wide including Svalbard Norway and Antarctica, with a total of more than 200 antenna installations. KSAT ground stations are idealy located for both TT&C (Telemetry, Tracking & Control), launch support, as well as data reception and near real-time Earth Observation services. The company is a world leading provider of maritime situational awareness data based on data from Syntetic Apertura radar satellites and related information.

KONGSBERG (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the maritime, oil & gas, defence and aerospace industries. KONGSBERG has almost 11,000 employees in 40 countries.