FRV will support the launch of the first nanosatellite in Jordan

January 17, 2018

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, has reached a collaboration agreement to support in financing the launch of the first nanosatellite in Jordan with the Crown Prince Foundation (CPF), a Jordanian institution that supports initiatives by youths in the social, cultural and know-how fields.

The company will provide financial support along with other organizations to one of the most innovative projects in the country, Masar Initiative, which will launch one of the smallest satellite models – the Cubesat. This satellite – called JY1-SAT – will broadcast images of Jordanian touristic and cultural locations. At the same time, will communicate remotely with other ground stations around the world and will contribute to numerous research and educational purposes.

The signature act was represented by Nicolas Fasquelle, FRV´s Managing Director for Middle East and Africa (MEA), Tarek Alsampaile, Head of Development of MEA and Omar Suheimat, Development Manager of MEA. Representing the Crown Prince Foundation, Ms. Nour Abu Ragheb, Acting Chief Executive Officer, hosted the ceremony.

The Masar Initiative was originally inspired by the first Jordanian interns at NASA. Thanks to the transfer of knowledge from these first NASA interns, the nanosatellite has been developed by young engineering students in collaboration with academics and consultants.

Nicolas Fasquelle, FRV´s Managing Director for MEA stated: “We are very pleased to support the Crown Prince Foundation in innovative projects such as the Masar Initiative. This agreement demonstrates the commitment of FRV in Jordan, favoring the social and technological development of the country while supporting youth to carry out groundbreaking projects”.

Ms. Abu Ragheb, Acting CEO of Crown Prince Foundation, thanked FRV for the support: “This agreement is in line with the efforts made by CPF towards cultivating strategic partnerships with various national and global corporations and institutions, for the purpose of fulfilling developmental objectives and supporting Jordan’s youth in enhancing their aptitude and capabilities.”


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Fernando Salinas

Country Manager at Central America Region, FRV

After nine years working in FRV, I have significantly grown not only professionally but also personally. Living in four different countries and performing a wide range of activities will certainly have a positive impact in whatever activities I perform in the future.

Roberto de Diego Arozamena

CEO, Abdul Latif Jameel Energy and Environmental services

FRV has technological and operational independence in their execution, which allows us to always find the best solution for each particular project.

Javier Esquivias

General Deputy Director, Elecnor

FRV has always been a pioneer. From the first time they came to us 10 years ago, they really made an impact with their vision and La Magascona, which was a project of a huge magnitude at that time.