LeoSat’s Commercial Traction Accelerates to Hit US$2Billion Milestone

LeoSat’s constellation will provide unique seamless satellite-based
VPN with ultra-low latency anywhere in the world to support growing data
and mobility markets

WASHINGTON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/cloud?src=hash” target=”_blank”gt;#cloudlt;/agt;–LeoSat Enterprises today announced it has signed more than US$2Billion
in commercial agreements ahead of launching the world’s fastest, most
secure and widest coverage data network delivered over a constellation
of low-Earth-orbit satellites. These pre-launch agreements signal strong
demand for LeoSat’s business backbone in space across a wide range of
fast-growing data and mobility sectors including, Enterprise, Telecoms,
Government, Maritime, Healthcare and Finance.

With data volumes exploding, the increasing demand to move large
quantities of data quickly and securely around the world is fast
outpacing the infrastructure needed to carry it. LeoSat has developed a
unique system architecture – a space-based MPLS network – providing
Gigabits of secure connectivity with lower latencies than fiber,
opening-up new possibilities for companies looking for scalable,
flexible solutions for their expanding networks.

“Whilst the list of companies launching “build it and they will come”
mega satellite constellations continues to grow, we believe that our
commercial agreements valued at over US$2Billion clearly demonstrate
LeoSat’s unique solution is more than a vision. LeoSat is solving an
essential business need that not only resonates with our customers but
has also attracted the firm backing of two leading satellite companies –
SKY Perfect JSAT and Hispasat”, said Mark Rigolle, CEO of LeoSat
Enterprises.

Our most recent customer agreements include X2nSat,
which has selected LeoSat’s laser-enabled data network to support the
ever-expanding needs of the healthcare industry, and FMC
GlobalSat
, which provides seamless onshore and offshore network
access that will enable enormous productivity and efficiency
improvements over legacy satellite infrastructures.

LeoSat was recently granted a license by the FCC to operate its network
in the U.S., and also announced last year the first details in the
development of its ground system through an agreement with Phasor
Solutions
, the developer of leading, enterprise-grade
electronically-steered antenna (ESA) systems.

Mark Rigolle, added: “LeoSat has quickly changed the perception that
satellite is a last resort for data communications by pairing the speed
of fiber with the ubiquity of satellite and a whole new level of
ultra-security. We are enabling a paradigm shift by expanding the
existing satellite services market, opening- up new markets for
space-based data networking for enterprise, telecoms and government
communications across the globe. From healthcare, maritime, energy,
banking and remote connectivity, we are continually being engaged by new
sectors, and the current momentum in our pre-launch sales clearly
demonstrates that LeoSat is the solution of choice for business
connectivity. Clearly LeoSat has struck a chord with a data network
built for business, as it took just over 2 years for us to hit US$ 1
Billion in customer commitments and under 12 months to double that
figure at US$2 Billion”.

NOTE TO EDITORS

To find out more about LeoSat, come along to one of the panels at the
#SATShow in Washington DC.

  • Monday 6 May, 1.30pm: An Introduction to HTS and Other Acronyms
    (Unveiled Theater)
  • Wednesday 8 May, 3pm: Integrating LEO Constellations Into Teleport
    Services (Room 147)
  • Thursday 9 May, 10:45am: Executive Round Table – LEO/MEO Systems
    (Room 146)

To arrange an interview, please contact Melanie Dickie. Email: Melanie@leosat.com
or call +31 6 14 22 97 62

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 2020. www.leosat.com

Contacts

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

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