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Bangabandhu-1 will be Bangladesh's first satellite. On March 29, 2010 Rajiuddin Ahmed Raju, the Posts and Telecommunications Minister, had first announced the government decision of launching country's first satellite into space in 2015. The project will cost BDT 30 billion and satellite's life span will be around 25 years where the invest can be earned within first 5 years. The satellite will stay at 102 East longitude. US firm Space Partnership International is assigned by the country to design and to launch the satellite.[1][2][3]

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