The Philippine Space Agency (PhilSA) reached an important milestone when it remitted over ₱1.5 million to the Bureau of the Treasury (BTr), representing PhilSA’s first contribution to the national coffers. The amount, which was officially received by the National Treasury on 27 February 2025, is derived from the Agency’s income-generating activities—primarily fees from the development of customized satellite data processing tools and the conduct of an international symposium.

In line with Republic Act No. 11363, or the Philippine Space Act, PhilSA is authorized to retain 75% of its income for the upgrading of its equipment and physical facilities, with the remaining 25% to be remitted to the National Treasury. Under the leadership of Director General Joel Joseph Marciano, Jr., PhilSA recorded a total income of around ₱6,105,275.40 for the Fiscal Year 2023-2024.

“This accomplishment, coming just four years since the Agency’s establishment, speaks not just of our growth, but also of the increasing recognition of PhilSA as a trusted partner in generating and delivering space-enabled solutions,” said DG Marciano.  “While this initial amount may not appear significant, we are committed to growing this further by coming up with even more relevant services and expanding our collaborative efforts. On this occasion, we rededicate ourselves to the challenge of strengthening the domestic space scientific and industrial base that brings socio-economic benefit from space capabilities to Filipinos,” he added.

The revenue retained by the Agency will support efforts in advancing space research, innovation, and capability-building, while expanding its service portfolio for government and local industry. By providing satellite data, technical support, and collaborative opportunities that harness space-based technologies, PhilSA reinforces its commitment to building a robust Philippine space ecosystem.

PhilSA turns over a cheque to BTr–NCR.