Alcantara Cyclone Space board meets in Kyiv to discuss Cyclone-4 project

The board of directors of the Ukrainian-Brazilian Alcantara Cyclone Space company met in Kyiv on April 23-24 to discuss a project for the creation of a Cyclone-4 space rocket complex at the Alcantara launch site in Brazil, according to the press service of the State Space Agency of Ukraine.

As the press service said, the sides in particular considered the creation of the ground complex of the Cyclone-4 project and facilities of the launch area's general infrastructure, as well as reviewed and approved the Alcantara Cyclone Space company's annual report and financial statements for 2012.

"The parties agreed to resolve a number of pressing issues for further effective implementation of the project," reads a statement.

Ambassador of Brazil to Ukraine Аntonio Fernando Cruz de Mello attended the board's meeting.