Kings Bay AS is a government enterprise owned by the Norwegian Ministry of Trade and Industry that operates the entire settlement of Ny-Ålesund on Svalbard.

The company is also responsible for administering Bjørnøen AS, a government enterprise that owns the entire island of Bjørnøya.

[1][2] Ny-Ålesund has been the starting point for many famous polar expeditions, including Roald Amundsen’s and Umberto Nobile’s journey to the North Pole.

[4] From 1964 to 1974, through an agreement with the European Space Research Organisation (ESRO), the island housed a Norwegian satellite telemetry station.

Ny-Ålesund has been the starting point for many famous polar expeditions, including Roald Amundsen’s and Umberto Nobile’s journey to the North Pole.