ADELAIDE, Australia — The nascent market in radar Earth observation may have witnessed one of its first public valuation events on Sept 26 in an Australian government contract with a British satellite builder.

CSIRO, Australia scientific research organization, agreed to pay 10.45 million Australian dollars ($8 million) for seven years’ tasking rights over Australian territory for Surrey Satellite Technology Ltd.’s (SSTL) NovaSAR S-band radar satellite.

CSIRO will operate its own ground station and use NovaSAR as a test case for a possible future satellite acquisition of a . . .

To view the entire article, become a subscriber!