SKY Perfect JSAT Invests in LeoSat
LeoSat Enterprises, which is launching a constellation of up to 108 high-throughput Low Earth Orbit (LEO) communications satellites, has announced that SKY Perfect JSAT Corporation has entered into an agreement to invest in LeoSat. According to the companies, the investment in LeoSat and the agreement to jointly market this new system allows SKY Perfect JSAT to pursue new business opportunities in the data and mobility markets in sectors such as telecommunications, multinational enterprise, maritime and government services.
According to LeoSat, its future system can be used for a number of applications. For example, it can provide 4G and 5G satellite backhaul for the cellular industry, give banks secured networks with their foreign offices, provide the uploading bandwidth required for energy and maritime operations, deliver critical back up for emergency communications, and enable internet access and connectivity for remote communities.
LeoSat is currently working with Thales Alenia Space to finalize the manufacturing plan, paving the way for the production and deployment of the entire constellation.