Hispasat and LeoSat Sign Strategic Investment Agreement
Summary
Combining advanced on-board routers with inter-satellite laser links, LeoSat is creating an optical backbone in space, providing fiber-like low-latency and gigabit per second data delivery which is ultra-secure and extremely resilient, thanks to its gateway independent meshed-network data-connectivity from transmitter to receiver.This solution will provide LeoSat and its partners with valuable new business opportunities in the growing data and mobility markets in sectors such as telecommunications, multinational enterprise, maritime and government services by ensuring previously unavailable levels of network performance combined with worldwide reach.The unique features of LeoSat’s system – ubiquity, low-latency, speed and cybersecurity – are ideal for a number of applications, such as to enabling global 4G and 5G satellite connectivity for cellular operators, providing the bandwidth required for energy, maritime or financial sector operations, delivering secure networks for government and defense communications, ensuring critical emergency communications and enabling Internet access and connectivity for remote communities.With Hispasat now joining SKY Perfect JSAT, both companies will work with LeoSat to accelerate a number of key activities including, vendor selections for customer premise equipment and ground operations, as well as further optimization of the satellite platform.Koki Koyama, Senior Managing Executive Officer of SKY Perfect JSAT commented: “This is an exciting time and we are delighted to welcome Hispasat on board LeoSat which will provide the first enterprise-grade, extremely high speed and secure data service worldwide.