EchoStar Acquires Helios Wire
EchoStar revealed that its subsidiary, EchoStar Global, acquired Helios Wire, a satellite-enabled Internet of Things (IoT) connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios’ Australian subsidiaries Sirion Holdings and Sirion Global.
Sirion Global holds global spectrum rights for S-band Mobile Satellite Service (MSS), administered by Australia, and has been working to develop solutions for high volume asset tracking and monitoring applications by satellite.
“This acquisition advances our strategy and further lays the foundation for a global S-band solution for the future,” said Anders Johnson, Chief Strategy Officer, EchoStar. “Our aim is to develop S-band technologies that will dramatically reduce the cost of satellite IoT, including Machine-to-Machine (M2M) communications, Public Protection and Disaster Relief (PPDR) and other end-to-end services worldwide.”