Satellites have been the option of last resort for telecommunication companies and their customers in the past decades, according to Renato Goodfellow, head of global satellite at BT Global Services.
LeoSat plans to provide Supernet with more than three gigabits of capacity on the global communications network it is developing, which is comprised of satellites built by Thales Alenia Space of France and Italy based on the firm’s EliteBus.
Japanese satellite operator Sky Perfect JSAT’s May investment in low-Earth orbit startup LeoSat was motivated in part by a desire to ensure that future satellites orbiting closer to Earth don’t compete with its geostationary business endeavors.
LeoSat is confident that a recent investment by heavyweight Asian satellite operator Sky Perfect Jsat in the startup’s planned high-throughput, low-Earth orbit system will encourage other investors to jump onboard.
LeoSat is developing a constellation of 108 low-Earth-orbit satellites that will provide high-throughput communications.
LeoSat Enterprises, which is designing a constellation of low-orbiting satellites to provide secure broadband links to corporate and global networks, is positioning itself as a natural partner to established geostationary-orbit satellite operators as it seeks to complete its Phase a fundraising round of $100 million.