Stormspike rocket launches aerospace satellites into orbit
Space Exploration Directorate launched aerospace monitoring system into orbit using Stormspike rocket.
13th December, 4350
The first satellite in the Space Exploration and Exploitation Directorate's space programme was launched earlier this morning from Kelvon. The recently developed Stormspike rocket, carried the multi-billion dollar Global Aerospace Monitoring Systems (GAMS). The satellite has begun transmitting signals to the Space Exploration and Exploitation Directorate and the Advanced Defence Research Agency. The GAMS system, according to information from the Northern Defence Integrated Command, is expected to provide the organisation with 24/7 monitoring of the aerospace in the northern hemisphere and constant tracking of aircraft within the northern hemisphere in collaboration with radar systems scattered throughout the northern hemisphere, mainly in NORDIC nations. GAMS and Stormspike will be a key element in defence in the coming years. The highly accurate tracking system means air traffic can be monitored with unprecedented precision and and constant tracking of aircraft as they enter the northern hemisphere. The innovation through GAMS could be viewed as a step further in NORDIC's initiative towards securing the northern hemisphere underneath an umbrella of security.
It has been considered by the Space Exploration and Exploitation Directorate to launch three separate satellites into orbit over the coming five years in-order to expand the system's reach to the southern hemisphere. Although the Space Exploration and Exploitation Directorate has been barred from being involved in defence programmes, the directorate has stated that once the satellite, coined Torstein Westgard DD-7 (after the famous explorer), broadcasts its signal the military can hone in on its capabilities. Using technology similar to Torstein Westgard DD-7, the Space Exploration and Exploitation Directorate intends on constructing a satellite to be utilised for the observation of terra. According to initial proposals eight of these earth observation satellites are to be launched into orbit within the next 10-12 years.
Developmental Bank invests 12 Billion KKR into agribusiness in Barmenistan
Kazulian Developmental Bank invest 12 Billion Krona into Barmenistani agribusiness to boost nation's economy.
13th December, 4350
The Critical Investment and Stabilisation Fund, has announced a 12 Billion Krona investment into agricultural development in Barmenistan with the aims of promoting arable agricultural growth and production. The investment, which enabled a total capital raise of 15 Billion Krona, will assist the nation in introducing new ideas towards the nation's agricultural sector, which it demands on extremely for revenue due to the nation's fertile lands. The CISF has invested the money into the Agricultural and Industrial Company of Kathuristan. During the nation's periods of instability and uncertainty, the company has experienced a decline in revenue growth and productivity. Due to the nation's growing population, increasing demands and extreme amount of consumption, the Barmenistani agricultural sector, according to information from the Department of Food and Agriculture, will need 30 percent more food and 35 percent more energy in-order to meet the demands of its growing population. In a similar manner if the demand in not met it could place the nation's economy in an uneasy position.
State Secretary for Food and Agriculture, Mikko Karppinen stressed on the importance of investment into agriculture. He cited that the Agricultural and Industrial Company of Kathuristan was in a strong position as it sought to capitalise on the demand for food. According to Karppinen, the Kazulian agricultural sector, although stable, is not as profitable as the Barmenistani agricultural sector. He stated that the government should be looking to nations such as Barmenistan and Dundorf, whose agricultural sectors have potential for development. Soltinn, Kazulia's largest agricultural company, said that it intends on investing around 34 million Krona over the next 20 years and also intends on assisting the Agricultural and Industrial Company of Kathuristan in implementing sustainable agricultural practices. President of the Critical Investment and Stabilisation Fund, Markus Johnsrud has called on the Kingdom of Vanuku to become involved and invest into Barmenistan. Mr. Johnsrud stated that talks had been initiated with the Barmenistani government on the creation of a credit system for the nation's farmers and promoting increased rights for small hold farmers, whom Johnsrud acknowledged as being the driving force of the local agricultural sector.