With it, Hispasat will join Asia’s largest satellite operator Sky Perfect JSat in the growing trend for satellite operators to future-proof their communications solutions through the development of low earth orbit (LEO) capabilities. The two operators will now accelerate a number of key activities including vendor selections for customer premise equipment and ground operations, as well as further optimisation of the satellite platform.
Commenting on the development, Mark Rigolle, CEO of LeoSat said: “We are delighted that Hispasat, with its reputation for quality, efficiency and reliability and its strong presence in Europe, North Africa and Latin America, has chosen to invest in LeoSat to expand its network capabilities. ’Always-on‘ connectivity, increasing digitisation and the move to cloud-based operations and smart data analysis and management, all require resilient and future-proof networks to deliver connectivity and services. Whilst the perception of satellite for data communications is often seen as a last resort, LeoSat will change that by pairing the speed of fibre with the ubiquity of satellite and adding a new dimension of ultra-security. Hispasat recognises that we will not only bring a paradigm shift in expanding the existing satellite services market, we will open up new markets for space-based data networking for telecoms, tech and media across the globe.”
Carlos Espinós, CEO of Hispasat, added: “With the current and future growth of data traffic, we see the strategic importance of investing in new infrastructure to enable our existing and future customers to substantially increase their communications capabilities. LeoSat has distinguishing features from the other constellations that makes it especially interesting: high capacity, low latency, high security and a meshed network that simplifies its architecture. LeoSat’s system design, combining satellite and networking technology to provide a network in space, is a departure from existing solutions today and we see this as a key opportunity for us to open-up new markets and deliver business growth. This investment in LeoSat demonstrates our belief that there will be very strong demand for LeoSat as it is the best solution to address the Enterprise market. It will allow Hispasat to strengthen and expand our existing GEO satellite services and position the company at the forefront of the new digital infrastructure. In addition, Hispasat and SKY Perfect JSAT have a relationship of complementarity, understanding and mutual trust that will ease our joint leadership in this initiative.”
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. Both Sky Perfect JSat and Hispasat will support LeoSat in ensuring the successful launch of this unique new next-generation network.”