El-Op awarded $3.5m space camera contract

The TAUVEX II camera will be mounted on the Indian satellite GSAT-4.

Elbit Systems Ltd. (NASDAQ: ESLT) today announced that it was awarded a contract, through its wholly owned subsidiary Elop Electro- Optics Industries Ltd. (El-Op), from the Ministry of Science and Technology and the Israel Space Agency for the supply of the TAUVEX II (Tel Aviv University Ultra-Violet Explorer) scientific space camera.

The TAUVEX II camera will be launched into space mounted on the Indian satellite GSAT-4, for the purpose of scientific research in exploration of the galaxies. The camera will be supplied for integration into the GSAT-4 by the end of 2005. The contract is valued at approximately $3.5 million.

The new contract follows an agreement signed in December 2003 between the Israel Space Agency and ISRO, the Indian Space Research Organization, for scientific cooperation between the two countries in the field of the astronomy in the ultraviolet spectrum.

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