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Overtaken by Bolivia and Peru, Chile ponders its lost dream of the space race

RIO DE JANEIRO, BRAZIL - While Chile, Latin America's most developed nation, lags in satellite equipment, poorer neighbor Peru has one of Latin America's most powerful satellites, PeruSat-1, which provides imagery for mining and agriculture and controls illegal logging and drug trafficking.

Argentina, Brazil, Peru, Ecuador, and Bolivia are countries that are not only located next to each other in South America but also have one thing in common: each country has its own space agency.

This has allowed them to achieve important goals: Brazilian Marcos Pontes became the first South American to reach the International Space Station . . .

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