Elbit Systems is penetrating deeper into the Brazilin market and its most recent move is connected with the huge space potential in this huge country.
A few days ago, AEL Sistemas, Brazilian subsidiary of Elbit, exhibited a model for the first Brazilian microsatellite for military applications, the MMM-1. Its launch is projected for December 2015. Weighing less than 10kg (22lb), the microsatellite can be used for a variety of missions.
The presentation of the microsatellite marked the inauguration of the AEL centre for development and industrialisation of aerospace equipment, in Porto Alegre.
The initiative is another step in AEL’s growing involvement in Brazil’s defence and space markets.
The president of Elbit Systems, Bezhalel Machlis, said that Brazil is one of the company’s most important and strategic markets in the world. “Over the past 12 years, Elbit has invested tens of millions of dollars in the development and expansion of AEL’s technological capacity and in the qualification of the technical team. After the inauguration of the Center for Development and Industrialization of Aerospace Equipment, AEL will be a centre of world excellence,” concluded Machlis.
Elbit Systems is defining itself as a “multi-domestic” company. The opening of the new centre proves that the definition is an active strategy – to become a major player in each country it operates in. The Israeli company already has a massive presence in Brazil and now this will be increased and diversified.
Elop, a subsidiary of Elbit, is developing and manufacturing all the advanced optical payloads for Israel’s surveillance satellites.
Elbit has been indicating its intentions to broaden its space activities and the establishing of the centre in Brazil is part of the multi-domestic effort.