Business Wire

SKY Perfect JSAT and LeoSat Sign Strategic Partnership & Investment Agreement

Del

LeoSat Enterprises, which is launching a constellation of up to 108 low-earth-orbit communications satellites that will provide the fastest, most secure and widest coverage data network in the world, has announced that SKY Perfect JSAT Corporation (SJC), Asia’s largest satellite operator and Japan’s only provider of both multi-channel pay TV broadcasting and satellite communications services has entered into an agreement to invest in LeoSat. With this agreement, SJC will be the first Asian satellite operator to pursue the development of low earth orbit capabilities.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170510006791/en/

LeoSat Data Network Constellation (Photo: Business Wire)

LeoSat Data Network Constellation (Photo: Business Wire)

Entering into this investment, underlines SJC’s strong belief in LeoSat and the unique attributes of its new low earth orbit network architecture which utilizes inter-satellite laser links to create an optical backbone in space, providing fiber-like low-latency and gigabit per second data delivery. The investment in LeoSat and the agreement to jointly market this new system allows SJC to pursue new business opportunities in the data and mobility markets in sectors such as telecommunications, multinational enterprise, maritime and government services by providing previously unavailable levels of network performance combined with worldwide reach and allows the company to further study the additional applications of low earth orbit communications in pursuit of its global ambitions.

With the ever-growing demand to move large quantities of data quickly and securely around the world there is an increasing interest in the major performance advantages of communications networks in low earth orbit (LEO). The unique features of LeoSat’s system can be used for a number of applications, for example to provide 4G and 5G satellite backhaul for the cellular industry, give banks secured networks with their foreign offices, provide enormous uploading bandwidth required for energy and maritime operations, deliver critical back up for emergency communications and enable Internet access and connectivity for remote communities.

Mark Rigolle, CEO of LeoSat said: “We are thrilled that an established company such as SJC, with a reputation for foresight and diligence in the development of its technical capabilities and business relationships has chosen to partner with LeoSat. LeoSat’s low earth orbit constellation comes with a key set of attributes which are already receiving significant attention from both the commercial and government sectors, including lower latencies, better data rates and increased security and resilience. With the added-value of support from SJC, we definitely see LeoSat’s faster than fiber, ultra-secure and highly reliable global data solution as a game-changer”.

Koki Koyama, Senior Managing Executive Officer of SJC commented: “SJC sees the strategic importance of aggressively participating in the LEO/HTS business and we see the LeoSat solution as a key opportunity to opening up new markets and delivering business growth. With the current and future growth of data traffic and the unique nature of the LeoSat system and its focus on the business market, we believe there will be very strong demand for the LeoSat solution. This investment and development partnership with LeoSat will allow SJC to expand and complement our existing GEO satellite services and beyond by enabling us to respond to customer needs which are not being met by today’s technology.”

LeoSat is currently working with Thales Alenia Space, a company with unmatched expertise in designing and manufacturing LEO satellites, to finalize the manufacturing plan, paving the way for the production and deployment of the entire constellation.

New York based GH Partners acted as lead financial advisor to LeoSat Enterprises. For further information:

Investor Contact:
Noel Rimalovski, GH Partners LLC
nrimalovski@ghpartnersllc.com
+1-917-701-4165

NOTE TO EDITORS

LeoSat will be at CommunicAsia in Singapore from 23 rd – 25 th May. To arrange an interview, please contact Melanie Dickie. Email: melanie@leosat.com

About LeoSat Enterprises

LeoSat Enterprises was established to leverage the latest developments in satellite communications technologies to develop and launch a new low-earth-orbit satellite constellation which will provide the first commercially available, business grade, extremely high-speed and secure data service worldwide.

With up to 108 low-earth-orbit communications satellites in the constellation LeoSat is the first company to have all the High Throughput Satellites (HTS) in the constellation interconnected through laser links, creating an optical backbone in space which is about 1.5 times faster than terrestrial fiber backbones and without the need for any terrestrial touchpoints. This unique set of features enables LeoSat to provide instant infrastructure from anywhere to everywhere which is fast, secure and reliable.

Based in Washington DC, LeoSat is currently working with Thales Alenia Space for the low-earth-orbit constellation of Ka-band communications satellites. Once operational, the constellation will provide high-speed, low-latency and highly secure communications and bandwidth for business operations in the telecom backhaul, Energy, Maritime, Government and international business markets. Launch of the constellation is expected in 2019. www.leosat.com

About SKY Perfect JSAT Corporation

SKY Perfect JSAT is a leader in satellite communications for broadcasting and communications. It is Asia’s largest satellite operator with a fleet of 18 satellites, and Japan’s only provider of both multi-channel pay TV broadcasting and satellite communications services. SKY Perfect JSAT delivers a broad range of entertainment through the SKY PerfectTV! Platform, the most extensive in Japan with a total of 3 million subscribers. In addition, SKY Perfect JSAT’s satellite communication services, which cover Japan and the rest of Asia, as well as Russia, the Middle East, Hawaii, and North America, play a vital role in supporting safety, security and convenience for society as a whole. For more information, please visit www.sptvjsat.com/en/ and www.jsat.net/en/

Contact information

LeoSat Enterprises
Melanie Dickie, +31 6 14 22 97 62
VP Marketing & Communications
Melanie.dickie@leosat.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Eos Biosciences Announces Issuance of Additional U.S. Patent For Targeted Breast Cancer Therapy17.10.2017 11:00Pressemelding

Eos Biosciences, Inc., a bio-targeted nanomedicines company developing a novel nanobiologic particle drug delivery platform technology (Eosomes), and a proprietary oncology-specific product pipeline, announced that the U.S. Patent and Trademark Office has now issued Eos Biosciences a second patent, U.S. Patent No. 9,789,201, for Eos-001, the company’s HER3-targeted Eosome with doxorubicin payload. Omar Haffar, Ph.D., Founder, President and Chief Executive Officer, commented, “This is a very exciting time for Eos Biosciences. In addition to expanding and solidifying our patent portfolio, we are making very significant progress on the pre-clinical development and scale-up manufacturing of our products.” Dr. Haffar continued, “We are also implementing a strategic expansion of our product pipeline into immuno-oncology, and the application of Eosomes to other high impact di

First Eagle Investment Management Agrees to Acquire NewStar Financial17.10.2017 11:00Pressemelding

First Eagle Investment Management (“First Eagle”) and NewStar Financial Inc. (Nasdaq:NEWS) ("NewStar”) announced today that they have entered into a definitive agreement for First Eagle to acquire NewStar, an established lender and investment manager specializing in direct lending to middle-market companies and management of broadly syndicated loans. NewStar stockholders are expected to receive total consideration estimated at $12.32 to $12.44 per share, which represents a premium of 10.4% to 11.5% over NewStar's 3-month volume weighted average price of $11.16 as of October 16, 2017, the last trading day before the transaction announcement. The contingent value rights entitle the holders to certain tax refunds generated by the transaction, the amount of which will vary depending upon, among other things, whether the transaction closes in 2017 or 2018. This press release features multimedia.

1 Million MOTION CODE™ Online Transactions With Société Générale17.10.2017 10:07Pressemelding

IDEMIA, the global leader in trusted identities for an increasingly digital world, today announced the milestone of 1 million MOTION CODE TM online transactions with Société Générale. Société Générale was one of the first banks worldwide to launch MOTION CODE™, the next-generation card integrating a dynamic security code by IDEMIA (formerly known as OT-Morpho). This solution consists in replacing the 3 digits of the cryptogram printed on the back of the card with a small screen displaying a new “dynamic” code every hour. Thus, in case of piracy of the bank card’s data, the 3 digits of the cryptogram quickly become obsolete, preventing fraudsters from reusing data, especially on e-commerce sites. After successful testing among more than 500 people in 2016, Société Générale started offering MOTION CODE™ to all their French customers early 2017. In les

Mobile Ticket Option Launches for Tampa Bay CityPASS17.10.2017 09:00Pressemelding

City Pass, Inc., the company that specializes in packaging discounted admission to the most iconic attractions in 12 North American destinations, recently launched a mobile ticket option for its Tampa Bay CityPASS® program. Since 1997, CityPASS products have been designed to make travel easier and less expensive. And while the Tampa Bay CityPASS program will continue to excel at the latter—saving visitors 51 percent off combined admission to the included attractions—the new mobile ticket option dramatically enhances the convenience factor. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171017005538/en/ Busch Gardens Tampa Bay (Photo: SeaWorld Parks & Entertainment, Inc.) “We’re always looking for ways to improve the customer experience and make travel more convenient,” said CityPASS President a

Sigma Systems Appoints Vladimir Mitrasinovic as Senior Vice-President of Sales and Managing Director for EMEA and APAC17.10.2017 08:00Pressemelding

Sigma Systems, the leader in catalog-driven software, has appointed Vladimir Mitrasinovic as Senior Vice-President of Sales and Managing Director for EMEA and APAC. Mr. Mitrasinovic was previously Head of the Cloud and Software as a Service business unit for Cerillion Technologies, and served as Executive Vice-President of Global Channels and Alliances at Acision (XURA). As Senior Vice President of Sales and Managing Director of EMEA and APAC, Vladimir will oversee all sales and business development efforts within the regions. “We are delighted to welcome Vladimir to the Sigma team,” said Simon Muderack, Sigma’s Executive Vice President and Chief Commercial Officer. “Vladimir’s background in high-growth corporate development in the technology sector and experience in sales and business expansion will be an excellent asset to Sigma as we continue to expand across EMEA and

MagicStay, The Start-up of Short-Term Rental for Business, Affirms Its Ambitions at the Web Summit 201717.10.2017 08:00Pressemelding

The French start-up MagicStay.com launched 3 years ago, now offers more than 130,000 apartments in 110 countries on its specialized platform for business travelers. As the only 100% B2B platform, MagicStay has developed many services adapted to the requirements of businesses, especially in terms of security and integration into their tools, which will be presented at the Web Summit in Lisbon from 6 to 9 November. For three years now, the start-up has been developing an exclusive technology that makes it possible to provide a global supply of short-term rentals in immediate reservations. These professionally managed accommodations meet corporate requirements: security, legislation compliance, and integration into booking tools used by corporate companies. "The Business Travel Market is very complex in terms of technology and actors, and is highly

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom