Brazilian aircraft manufacturer Embraer and state telecommunications Telebras signed the shareholders agreement that gives life to the company that developed and built the first geostationary satellite for military and civilian communications the country. The new company, dubbed Space Visiona SA, will be controlled by Embraer (51 percent), which is the third largest worldwide manufacturer of aircraft and military and space technologies developed, and will have as a minority partner (49 percent) Telebras, a state telephone company whose main assets were privatized over a decade.
