IBOV 170,331 ▼ 2.22% IPSA 10,360 ▼ 1.04% IPC MEX 68,286 ▼ 0.88% MERVAL 3,164,196 ▼ 1.86% COLCAP 2,238.99 ▼ 1.13% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.06 ▼ 0.11% USD/MXN 17.27 ▼ 0.40% USD/CLP 890.02 ▼ 0.64% USD/COP 3,565 ▼ 0.61% USD/PEN 3.40 ▼ 0.11% USD/ARS 1,439 ▼ 0.03% USD/UYU 40.36 ▲ 1.76% USD/PYG 6,037 ▲ 1.68% USD/BOB 6.86 ▲ 1.82% USD/DOP 58.21 ▲ 0.88% USD/CRC 456.90 ▲ 3.01% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.64 ▲ 0.49% USD/NIO 36.62 ▲ 0.34% USD/VES 558.97 ▼ 0.13% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.64% USD/JMD 157.19 ▲ 0.93% USD/TTD 6.66 ▲ 0.15% EUR/BRL 5.89 ▲ 1.00% BRENT 94.70 ▼ 3.18% WTI 92.93 ▼ 3.22% IRON ORE 161.91 — — COPPER 6.53 ▲ 0.68% GOLD 4,530 ▲ 2.11% SILVER 74.51 ▲ 1.40% SOY 1,147 ▼ 0.58% CORN 427.50 ▼ 0.93% WHEAT 587.00 ▼ 0.04% COFFEE 250.00 ▼ 1.22% SUGAR 14.36 ▲ 0.84% ORANGE JUICE 167.05 ▲ 4.41% COTTON 76.32 ▼ 0.53% COCOA 3,980 ▼ 2.26% BEEF 237.85 ▼ 3.97% CATTLE 342.58 ▼ 1.68% LITHIUM 84.86 ▼ 1.78% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.38 ▼ 8.48% CSAN3 3.58 ▼ 7.73% RAIZ4 0.39 ▲ 2.63% PCAR3 1.54 ▼ 1.91% GMAT3 4.20 ▼ 0.24% PSSA3 48.16 ▼ 1.19% CVCB3 1.48 ▼ 3.90% POSI3 3.75 ▼ 7.64% SLCE3 14.98 ▼ 2.03% NATU3 9.80 ▼ 0.61% BRKM5 9.43 ▼ 5.79% RANI3 7.90 ▲ 0.51% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.46 ▼ 4.82% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.86 ▼ 1.27% EQTL3 39.81 ▲ 1.89% LREN3 14.64 ▼ 5.67% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.76 ▼ 0.89% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.22 ▼ 8.26% FLRY3 14.70 ▼ 4.11% SMTO3 17.30 ▼ 1.14% UGPA3 24.92 ▼ 3.07% VBBR3 29.48 ▼ 2.16% BBSE3 35.04 ▼ 0.26% BPAC11 50.71 ▼ 4.77% CURY3 29.45 ▼ 6.00% AERI3 2.31 ▼ 1.28% VIVARA 20.50 ▼ 4.21% COMPASS 25.79 ▼ 2.68% VAMOS 2.94 ▼ 1.01% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 52.05 ▲ 0.19% GMEXICO 213.71 ▼ 3.18% FEMSA 211.97 ▲ 2.01% CEMEX 22.45 ▼ 1.32% GFNORTE 181.22 ▼ 0.57% BIMBO 58.29 ▲ 0.19% TELEVISA 9.08 ▼ 1.52% AMX 22.14 ▼ 0.49% GAP 418.01 ▲ 0.62% ASUR 296.77 ▼ 2.07% OMA 220.05 ▼ 1.57% KOF 186.51 ▼ 0.73% GRUMA 294.39 ▲ 0.36% KIMBER 38.10 ▼ 0.81% SQM-B 71,000 ▼ 1.29% COPEC 6,100 ▼ 1.36% BSANTANDER 68.10 ▼ 1.32% FALABELLA 5,450 ▼ 2.07% ENELAM 76.77 ▼ 1.18% CENCOSUD 2,168 ▲ 0.37% CMPC 1,028 ▼ 0.39% BANCO CHILE 163.99 ▼ 1.68% LATAM AIR 22.29 ▼ 1.37% YPF 83,050 ▼ 0.27% GGAL 7,350 ▼ 3.10% PAMPA 5,115 ▼ 1.35% TXAR 676.50 ▼ 2.10% ALUAR 1,015 ▲ 1.50% TGS 9,205 ▼ 2.80% CEPU 2,309 ▼ 2.49% MIRGOR 16,925 ▼ 0.88% COME 47.91 ▼ 3.17% LOMA NEGRA 3,430 ▼ 2.14% BYMA 292.50 ▼ 0.17% TELECOM ARG 4,053 ▼ 2.88% ECOPETROL 15.58 ▼ 2.50% BANCOLOMBIA 72.25 ▼ 2.03% GRUPO AVAL 4.98 ▲ 0.81% CREDICORP 327.42 ▼ 4.80% SOUTHERN COPPER 196.59 ▼ 2.37% BUENAVENTURA 33.86 ▼ 2.67% MERCADOLIBRE 1,639 ▼ 2.05% NUBANK 11.64 ▼ 2.43% XP 15.60 ▼ 3.70% PAGSEGURO 8.77 ▼ 4.88% STONE 10.64 ▼ 5.34% GLOBANT 39.67 ▼ 6.17% TECNOGLASS 42.31 ▼ 3.29% GAP AIRPORT 240.72 ▲ 0.28% ASUR 296.77 ▼ 2.07% OMA AIRPORT 101.18 ▼ 2.25% AMX ADR 25.54 ▼ 0.66% FEMSA ADR 121.81 ▲ 1.39% CEMEX ADR 12.90 ▼ 1.23% PETROBRAS ADR 18.19 ▼ 2.83% VALE ADR 16.06 ▼ 4.52% ITAU ADR 7.59 ▼ 3.44% SANTANDER BR 5.30 ▼ 3.28% AMBEV ADR 3.14 ▼ 3.38% CSN 1.31 ▼ 7.75% GERDAU 4.75 ▼ 2.86% LATAM ADR 49.71 ▼ 2.55% BTC 62,473 ▼ 2.41% ETH 1,749 ▼ 3.45% SOL 68.62 ▼ 4.18% XRP 1.15 ▼ 3.78% BNB 594.89 ▼ 4.07% ADA 0.19 ▼ 5.21% DOGE 0.09 ▼ 3.85% AVAX 7.66 ▼ 4.85% LINK 7.94 ▼ 4.70% DOT 1.03 ▼ 6.85% LTC 45.62 ▼ 3.23% BCH 245.10 ▲ 0.96% TRX 0.33 ▼ 1.50% XLM 0.21 ▼ 1.78% HBAR 0.08 ▼ 1.85% NEAR 2.45 ▼ 13.11% ATOM 1.77 ▼ 4.66% AAVE 70.56 ▼ 5.18% SELIC 14.50% EMBRAER 69.67 ▼ 3.17% EMBRAER ADR 55.19 ▼ 3.63% JBS 11.88 ▼ 2.62% JBS BDR 59.90 ▼ 1.17% MBRF3 15.78 ▼ 0.44% MBRFY 3.06 ▼ 5.56% INTER 5.80 ▼ 3.33% EGX 52,653 ▲ 0.17% USD/ZAR 16.22 ▼ 0.64% USD/NGN 1,358 ▲ 0.06% NIKKEI 67,471 ▼ 1.36% CSI300 4,905 ▼ 0.69% HSI 25,253 ▼ 1.48% NIFTY 23,417 ▲ 0.05% KOSPI 8,639 ▼ 1.84% JCI 5,840 ▼ 1.70% USD/JPY 159.77 ▼ 0.14% USD/CNY 6.7730 ▲ 0.06% DAX 24,903 ▲ 0.43% CAC 8,227 ▲ 0.94% FTSE 10,287 ▼ 0.43% MIB 49,886 ▼ 0.30% IBEX 18,275 ▲ 0.55% STOXX 621.64 ▲ 0.07% EUR/USD 1.1648 ▲ 0.40% GBP/USD 1.3463 ▲ 0.31% SPX 7,554 ▼ 0.74% DJI 50,687 ▼ 1.21% NDX 30,571 ▼ 0.29% RUT 2,894 ▼ 1.31% TSX 34,802 ▼ 1.05% VIX 16.68 ▲ 3.86% USD/CAD 1.3895 ▲ 0.01% US10Y 4.4910 ▲ 0.81% IBOV 170,331 ▼ 2.22% IPSA 10,360 ▼ 1.04% IPC MEX 68,286 ▼ 0.88% MERVAL 3,164,196 ▼ 1.86% COLCAP 2,238.99 ▼ 1.13% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.06 ▼ 0.11% USD/MXN 17.27 ▼ 0.40% USD/CLP 890.02 ▼ 0.64% USD/COP 3,565 ▼ 0.61% USD/PEN 3.40 ▼ 0.11% USD/ARS 1,439 ▼ 0.03% USD/UYU 40.36 ▲ 1.76% USD/PYG 6,037 ▲ 1.68% USD/BOB 6.86 ▲ 1.82% USD/DOP 58.21 ▲ 0.88% USD/CRC 456.90 ▲ 3.01% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.64 ▲ 0.49% USD/NIO 36.62 ▲ 0.34% USD/VES 558.97 ▼ 0.13% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.64% USD/JMD 157.19 ▲ 0.93% USD/TTD 6.66 ▲ 0.15% EUR/BRL 5.89 ▲ 1.00% BRENT 94.70 ▼ 3.18% WTI 92.93 ▼ 3.22% IRON ORE 161.91 — — COPPER 6.53 ▲ 0.68% GOLD 4,530 ▲ 2.11% SILVER 74.51 ▲ 1.40% SOY 1,147 ▼ 0.58% CORN 427.50 ▼ 0.93% WHEAT 587.00 ▼ 0.04% COFFEE 250.00 ▼ 1.22% SUGAR 14.36 ▲ 0.84% ORANGE JUICE 167.05 ▲ 4.41% COTTON 76.32 ▼ 0.53% COCOA 3,980 ▼ 2.26% BEEF 237.85 ▼ 3.97% CATTLE 342.58 ▼ 1.68% LITHIUM 84.86 ▼ 1.78% PETR4 41.25 ▼ 0.77% VALE3 81.79 ▼ 3.78% ITUB4 38.72 ▼ 2.12% BBDC4 17.37 ▼ 2.14% ABEV3 16.07 ▼ 2.31% BBAS3 19.53 ▼ 1.81% B3SA3 15.52 ▼ 4.67% WEGE3 41.78 ▼ 0.52% PRIO3 62.59 ▲ 0.98% SUZB3 41.22 ▲ 1.95% RENT3 40.44 ▼ 3.32% AZZA3 17.38 ▼ 8.48% CSAN3 3.58 ▼ 7.73% RAIZ4 0.39 ▲ 2.63% PCAR3 1.54 ▼ 1.91% GMAT3 4.20 ▼ 0.24% PSSA3 48.16 ▼ 1.19% CVCB3 1.48 ▼ 3.90% POSI3 3.75 ▼ 7.64% SLCE3 14.98 ▼ 2.03% NATU3 9.80 ▼ 0.61% BRKM5 9.43 ▼ 5.79% RANI3 7.90 ▲ 0.51% CSNA3 6.68 ▼ 6.31% CMIN3 4.50 ▼ 5.86% USIM5 11.46 ▼ 4.82% GGBR4 24.13 ▼ 2.11% ENEV3 24.23 ▼ 4.42% NEOE3 33.80 — 0.00% CPFE3 43.30 ▼ 0.46% CMIG4 10.86 ▼ 1.27% EQTL3 39.81 ▲ 1.89% LREN3 14.64 ▼ 5.67% VIVT3 33.75 ▼ 0.15% RAIL3 13.89 ▼ 2.11% KLABIN 16.76 ▼ 0.89% RAIA DROGASIL 17.51 ▼ 3.26% RDOR3 33.11 ▼ 3.33% HAPV3 11.22 ▼ 8.26% FLRY3 14.70 ▼ 4.11% SMTO3 17.30 ▼ 1.14% UGPA3 24.92 ▼ 3.07% VBBR3 29.48 ▼ 2.16% BBSE3 35.04 ▼ 0.26% BPAC11 50.71 ▼ 4.77% CURY3 29.45 ▼ 6.00% AERI3 2.31 ▼ 1.28% VIVARA 20.50 ▼ 4.21% COMPASS 25.79 ▼ 2.68% VAMOS 2.94 ▼ 1.01% SANB11 26.72 ▼ 2.34% ASAI3 8.79 ▼ 2.87% SBSP3 27.23 ▼ 1.66% WALMEX 52.05 ▲ 0.19% GMEXICO 213.71 ▼ 3.18% FEMSA 211.97 ▲ 2.01% CEMEX 22.45 ▼ 1.32% GFNORTE 181.22 ▼ 0.57% BIMBO 58.29 ▲ 0.19% TELEVISA 9.08 ▼ 1.52% AMX 22.14 ▼ 0.49% GAP 418.01 ▲ 0.62% ASUR 296.77 ▼ 2.07% OMA 220.05 ▼ 1.57% KOF 186.51 ▼ 0.73% GRUMA 294.39 ▲ 0.36% KIMBER 38.10 ▼ 0.81% SQM-B 71,000 ▼ 1.29% COPEC 6,100 ▼ 1.36% BSANTANDER 68.10 ▼ 1.32% FALABELLA 5,450 ▼ 2.07% ENELAM 76.77 ▼ 1.18% CENCOSUD 2,168 ▲ 0.37% CMPC 1,028 ▼ 0.39% BANCO CHILE 163.99 ▼ 1.68% LATAM AIR 22.29 ▼ 1.37% YPF 83,050 ▼ 0.27% GGAL 7,350 ▼ 3.10% PAMPA 5,115 ▼ 1.35% TXAR 676.50 ▼ 2.10% ALUAR 1,015 ▲ 1.50% TGS 9,205 ▼ 2.80% CEPU 2,309 ▼ 2.49% MIRGOR 16,925 ▼ 0.88% COME 47.91 ▼ 3.17% LOMA NEGRA 3,430 ▼ 2.14% BYMA 292.50 ▼ 0.17% TELECOM ARG 4,053 ▼ 2.88% ECOPETROL 15.58 ▼ 2.50% BANCOLOMBIA 72.25 ▼ 2.03% GRUPO AVAL 4.98 ▲ 0.81% CREDICORP 327.42 ▼ 4.80% SOUTHERN COPPER 196.59 ▼ 2.37% BUENAVENTURA 33.86 ▼ 2.67% MERCADOLIBRE 1,639 ▼ 2.05% NUBANK 11.64 ▼ 2.43% XP 15.60 ▼ 3.70% PAGSEGURO 8.77 ▼ 4.88% STONE 10.64 ▼ 5.34% GLOBANT 39.67 ▼ 6.17% TECNOGLASS 42.31 ▼ 3.29% GAP AIRPORT 240.72 ▲ 0.28% ASUR 296.77 ▼ 2.07% OMA AIRPORT 101.18 ▼ 2.25% AMX ADR 25.54 ▼ 0.66% FEMSA ADR 121.81 ▲ 1.39% CEMEX ADR 12.90 ▼ 1.23% PETROBRAS ADR 18.19 ▼ 2.83% VALE ADR 16.06 ▼ 4.52% ITAU ADR 7.59 ▼ 3.44% SANTANDER BR 5.30 ▼ 3.28% AMBEV ADR 3.14 ▼ 3.38% CSN 1.31 ▼ 7.75% GERDAU 4.75 ▼ 2.86% LATAM ADR 49.71 ▼ 2.55% BTC 62,473 ▼ 2.41% ETH 1,749 ▼ 3.45% SOL 68.62 ▼ 4.18% XRP 1.15 ▼ 3.78% BNB 594.89 ▼ 4.07% ADA 0.19 ▼ 5.21% DOGE 0.09 ▼ 3.85% AVAX 7.66 ▼ 4.85% LINK 7.94 ▼ 4.70% DOT 1.03 ▼ 6.85% LTC 45.62 ▼ 3.23% BCH 245.10 ▲ 0.96% TRX 0.33 ▼ 1.50% XLM 0.21 ▼ 1.78% HBAR 0.08 ▼ 1.85% NEAR 2.45 ▼ 13.11% ATOM 1.77 ▼ 4.66% AAVE 70.56 ▼ 5.18% SELIC 14.50% EMBRAER 69.67 ▼ 3.17% EMBRAER ADR 55.19 ▼ 3.63% JBS 11.88 ▼ 2.62% JBS BDR 59.90 ▼ 1.17% MBRF3 15.78 ▼ 0.44% MBRFY 3.06 ▼ 5.56% INTER 5.80 ▼ 3.33% EGX 52,653 ▲ 0.17% USD/ZAR 16.22 ▼ 0.64% USD/NGN 1,358 ▲ 0.06% NIKKEI 67,471 ▼ 1.36% CSI300 4,905 ▼ 0.69% HSI 25,253 ▼ 1.48% NIFTY 23,417 ▲ 0.05% KOSPI 8,639 ▼ 1.84% JCI 5,840 ▼ 1.70% USD/JPY 159.77 ▼ 0.14% USD/CNY 6.7730 ▲ 0.06% DAX 24,903 ▲ 0.43% CAC 8,227 ▲ 0.94% FTSE 10,287 ▼ 0.43% MIB 49,886 ▼ 0.30% IBEX 18,275 ▲ 0.55% STOXX 621.64 ▲ 0.07% EUR/USD 1.1648 ▲ 0.40% GBP/USD 1.3463 ▲ 0.31% SPX 7,554 ▼ 0.74% DJI 50,687 ▼ 1.21% NDX 30,571 ▼ 0.29% RUT 2,894 ▼ 1.31% TSX 34,802 ▼ 1.05% VIX 16.68 ▲ 3.86% USD/CAD 1.3895 ▲ 0.01% US10Y 4.4910 ▲ 0.81%
since 2009
Thursday, June 4, 2026

2016 Olympics Politics - Brazil

Government of Uruguay advances in the creation of its own space agency

By · July 11, 2022 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – The Uruguayan Air Force intends to create a space agency and promote the industry in agreement with private companies. Several bills have already been drafted, most of which will become decrees, Air Force commander Luis de León told El Observador.

The first of them was approved in February and involves the creation of the National Space Policy Board, a body in which the Executive is permanently advised on this issue. As it became known, as of 2020 the interest of some private companies in carrying out space activities grew.

Read also: Check out our coverage on Uruguay

The approval of this decree was an impulse for others to start up. One of them is being analyzed by the Presidency and involves the creation of the National Registry of Objects Launched into Space. This would serve to regulate each occasion in which someone wanted to launch something into space, giving them “rights and obligations”.

As of 2020, the interest of some private companies in carrying out space activities grew (Photo internet reproduction)
RTAsk Rio TimesAsk about this story and the bigger picture — answered from 75,000+ Rio Times articles.Start asking →

Its importance lies in the consequences of possible incidents, because if a rocket hits a person or another country, it is the responsibility of the State, explained de León. This is stipulated in international treaties to which Uruguay is subscribed.

Another of the projects that the government is analyzing is the creation of a space agency that would allow it to continue advancing in this area along with the rest of the countries in the region.

From 100 kilometers above the sea, the activities are considered spatial and without sovereignty (Photo internet reproduction)

PRACTICE

Space activity is still not regulated despite the existence of an agreement signed between the United Nations and Uruguay. Thus, it is established that, from 100 kilometers above the sea, the activities are considered spatial and without sovereignty.

The outer space treaty, signed in 1967 (and ratified by Uruguay in 1970), stresses that this area must be used for the benefit of humanity, offering the possibility that all interested countries can explore it without any discrimination.

An Argentine company called Tlon Space S.A proposed to the Uruguayan government the possibility of launching rockets from the department of Rocha. As León told El País, this was “the first time that a company comes to consult us about something like this.”

Apparently that area is of interest because satellites can be launched without them entering the airspace of neighboring countries. In addition, the low costs and economic stability that Uruguay offers turn out to be a great attraction for those interested.

This company is dedicated to placing third-party satellites in orbit and was founded in 2005 by Pablo Vic and Gerardo Natale. For some time they have been interested in putting nanosatellites into orbit, those with an approximate weight of between one and 10 kilograms.

Despite the fact that there is a confidentiality agreement, de León said that they agreed to a higher resolution of megapixels for the satellite images of Uruguay (Photo internet reproduction)

But Uruguay is not totally oblivious to the presence of satellites in space. In 2008, together with Venezuela, it launched a satellite that was used for communications. The device cost about US$400 million and could remain in orbit until 2023. However, in 2020 it stopped working.

In this context and after Uruguay’s intention to use that orbit, the government looked for a company that could launch a satellite. This is how Satellogic appeared, an Argentine company based in Uruguay. Although there is a confidentiality agreement, de León said that they agreed to a higher resolution of megapixels for the satellite images of Uruguay. These will be managed by the Uruguayan Spatial Data Infrastructure, a body created in 2013.

Read More from The Rio Times

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.