Ecuador enters world space economy

President Correa confirmed the 'satellite is Ecuadorian' Ecuador will launch its first satellite into space from China in two weeks, President Rafael Correa announced Saturday. "It's not a satellite bought in another country, it's a satellite made in Ecuador," Correa said proudly during his weekly address of the homegrown engineering team.
The "Pegaso" (pegasus) nanosatellite will be launched from China aboard an unmanned rocket at 0513 GMT on April 26.
Measuring just 10 by 10 by 75 centimeters and weighing 1.2 kilograms, Pegaso will beam live video images back to Earth from an onboard camera.
The Ecuadoran Space Agency plans a second satellite launch in July.