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Walltopia and BulgariaSat1 – Successful Projects

Newsletter · · 2 min read
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BulgariaSat1-Launch-SpaceXBulgariaSat1

On July 5, the first Bulgarian geostationary communication satellite BulgariaSat-1 reached its orbital position. The facility is an investment of BulgariaSat, which is part of Bulsatcom Group. The satellite was launched by the US technology giant SpaceX of billionaire Elon Musk on June 23 from a rocket platform at NASA’s Kenedy Space Center in Florida.

If the tests are successful, the satellite will start broadcasting in August. BulgariaSat-1 will provide television and communication services on the Balkans and other European regions. According to BulgariaSat, the facility will have life and fuel for more than 20 years and Bulstatcom will be able to repay its USD 230 million investment in about 10 years. The investment has been implemented with a credit from the US export credit Eximbank and a consortium of European banking institutions led by Deutsche Bank – London and Citibank, Raiffeisenbank and KBC.

Bulsatcom will use 46% of its satellite capacity for its own broadcasting mainly in Bulgaria and Serbia. The remaining part of the satellite capacity will be leased.

 

Walltopia

Walltopia, the Bulgarian climbing wall company, has successfully completed the implementation of one of the largest centers for sports and leisure facilities in Innsbruck, Austria. The total climbing area is 5700 square meters, of which 3000 sq. m. are indoors, and the highest walls in the center are 17 m. Climbers will be able to choose between 800 different routes. The facility has a capacity of 350 people climbing at the same time.

From design to construction, the team of Walltopia stands behind the building process of the facility. Next year, Innsbruck is expected to hold the World Cup in climbing.

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