site.btaMinistry of Innovation and Growth Awards EnduroSat With Certificate for Priority Investment Project

The outgoing Minister of Innovation and Growth, Tomislav Donchev, presented Raicho Raichev, the founder and CEO of EnduroSat, with a certificate for a priority investment project here on Tuesday. This certificate, issued in accordance with the Investment Promotion Act, is for the "Space Centre Development" project, as announced by the Ministry of Innovation and Growth on its official Viber channel. 

The centre is equipped with laboratories and modern technologies for developing a new class of satellites. It is expected to bolster the growth of Bulgaria's space sector. According to the announcement, the investment amounts to nearly EUR 11 million and is expected to create 50 new highly skilled jobs.