The investment will be US$ 250 million and officials estimate that it will pay itself off in five years. Arsat president, Pablo Tognetti, explained to Convergencia that the satellite, with an estimated useful life of 15 years, would bill about US$ 750 million.

The third geostationary satellite of Argentina has been designed and the planning of its construction is already completed, which would begin at the beginning of 2021. The launch is planned for the second half of 2023 and it will be placed in the 81° West orbit at the beginning of 2024. The future satellite will transmit in Ka Band and will provide Internet service connectivity in isolated areas of Argentina and neighboring countries.

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Argentina’s 3rd satellite construction progressing

The investment will be US$ 250 million and officials estimate that it will pay itself off in five years. Arsat president, Pablo Tognetti, explained to Convergencia that the satellite, with an estimated useful life of 15 years, would bill about US$ 750 million.

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The company whose principal shareholder is Elon Musk reported revenue of US$18.7 billion in 2025, but its losses reached US$4.9 billion. Looking ahead, it is targeting the lunar economy and orbital computing.

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