NEE-01 Pegaso is an Ecuadorian technology demonstration satellite, and Ecuador's first satellite launched to space.
Built by the Ecuadorian Civilian Space Agency (EXA), it is a nanosatellite of the single-unit CubeSat class. The spacecraft's instruments include a dual visible and infrared camera which allows the spacecraft to take pictures and transmit live video from space.
The satellite operated normally until 23 May 2013 wnen there was a collison with a debris cloud. After the incident, the satellite was found to be "spinning wildly over two of its axes" and unable to communicate with its ground station. While efforts were made to reestablish control of Pegaso, on 28 August 2013 the decision was made by EXA and the Ecuadorian government to declare the satellite as lost.