LeoSat Enterprises has achieved an important milestone by securing commercial agreements valued at over US$1 billion — these pre-launch agreements span a wide range of fast-growing data and mobility sectors that include Enterprise, Telecoms, Government and Finance.
Big Data and Cybersecurity are driving the need for new communications infrastructure. Data volumes are exploding with more data carried in the past two years than in the in the entire history of the human race. Global networks are already carrying more than 1 Zeta Byte of traffic and this is forecast to grow exponentially. This is having a lasting effect on the satellite communications industry, with the need to invest in and deploy resilient and future-proof networks to deliver connectivity and services.
In recent months, LeoSat also announced the first details in the development of the ground system with an agreement with Phasor Solutions, the developer of leading, enterprise-grade electronically-steered antenna (ESA) systems.
LeoSat is attending the World Satellite Business Week event in Paris from September 10 to 14.
Executive Comment
Mark Rigolle, the CEO of LeoSat Enterprises, said that the company believes that LeoSat can truly fuel worldwide economic growth by offering the firm's customers the fastest, most reliable and secure global infrastructure for data communications. These commercial agreements valued at more than US$1 billion clearly demonstrate LeoSat’s progression from a new networking concept to a unique solution that resonates with customers and has also attracted the firm backing of two leading satellite companies — SKY Perfect JSAT and Hispasat. While the perception of satellite for data communications is often seen as a last resort, LeoSat will change that by pairing the speed of fiber with the ubiquity of satellite and adding a new dimension of ultra-security. The company will deliver a paradigm shift in expanding the existing satellite services market and will open up new markets for space-based data networking for enterprise, telecoms and government communications across the globe.
Mark Rigolle, CEO, LeoSat Enterprises.
Mark Rigolle, the CEO of LeoSat Enterprises, is participating in the upcoming Satellite Innovation event that will be in session from October 8 to October 11 at the Computer History Museum in Mountain View, California. Mark will be a speaker at the LEO and MEO Internet Constellations session, which will be underway at 4:00 p.m. on Wednesday, October 10.
This session will offer attendees information regarding emerging constellations that offer broadband, with much lower latency than GEO satellites, that are being proposed by several companies. Analysts agree that the advent of these huge fleets of smallsats in non-geostationary orbits have the potential to change the paradigm for satellite communications and internet connectivity in particular. What capabilities can we expect from these various constellations coming online?To learn more, or to register for this major event, please visit satinnovation.com.
