May 30, 2017

Globalsat Group and Sky and Space Global signed a MoU towards testing and offering satellite service in Latin America

Globalsat Group, the leading provider of mobile satellite services in the Americas and Sky and Space Global (AXS:SAS) have announced a MoU

We are excited to take part in early testing and welcome the opportunity to explore commercial arrangements with Sky and Space Global, an innovative company with a leading edge nano-satellite offering”— J. Alberto Palacios

DAVIE, FL, USA, March 13, 2017 /EINPresswire.com/ -- Globalsat Group, the leading provider of mobile satellite services in the Americas and Sky and Space Global (AXS:SAS), the UK aerospace company which plans to launch a constellation of narrow-band communication nano-satellites, have announced a MOU (Memorandum of Understanding).

Under the agreement, Globalsat Group will take part in early trials of the Sky and Space Global satellite system. The non-binding deal also involves working towards establishing a commercial agreement for providing services to end-users across Globalsat Groups' multi country footprint.

The MOU represents Sky and Space Global’s first entry into the large equatorial Latin American market as well as providing strong customer validation from a leading American satellite communications provider.

Key Points:

• Memorandum of Understanding signed between Globalsat Group and Sky and Space Global to explore provision of narrow-band communication services.

• Globalsat Group is an American consortium that provides Mobile Satellite Services, with a strong local presence across the Americas.

• MOU represents Sky and Space Global’s first entry into the large equatorial Latin American market.

• Provides further strong customer validation from a leading regional communications provider.

• Globalsat Group sees potential in the Sky and Space Global system as a way to expand M2M / IoT beyond current use of satellite technology.

Globalsat Group CEO, Mr. J. Alberto Palacios said: “We are excited to take part in early testing and welcome the opportunity to explore commercial arrangements with Sky and Space Global, an innovative company with a leading edge nano-satellite offering that has the potential to bring affordable communications coverage to countries where we have local presence. Sky and Space Global’s technology could be transformative for satellite M2M/IoT by lowering costs of network operations and terminal equipment. It can therefore allow services to be offered where other systems are currently not cost-effective.”

The core Sky and Space Global business is to construct a communications infrastructure based on nano-satellite technology and develop the highly complex and sophisticated software systems that will deploy, maintain orbit control and handle communication between each of the nano-satellites to provide global coverage.

Mr. Meir Moalem, Sky and Space Global CEO, adds: “We look forward to working together and collaborating with Globalsat with a view to establishing a commercial agreement to provide Sky and Space Global’s narrow-band satellite communication services to end-users across the Americas. Being able to collaborate with an industry leader such as Globalsat at this early stage puts us ahead of the curve for building commercial relationships.”

Sky and Space Global is set to launch its innovative “3 Diamonds” nano-satellites aboard the Indian Space Research Organisation’s (ISRO) Polar Satellite Launch Vehicle (PSLV) in Q2 2017. Following the successful demonstration of the “3 Diamonds”, the Company intends to launch an equatorial constellation of up to 200 nano-satellites from mid-2018.

About Globalsat Group LLC

Globalsat Group is an American consortium founded in 1999 which provides mobile satellite services (MSS) through local presence in the United States, Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Peru and Mexico, as well as distributors in the region’s most important cities. Delivered solutions span all MSS service areas including land, sea and air, serving satellite data and voice for thousands of customers in sectors such as Defense, Government, Utilities, Oil & Gas, Mining, Banking, Media, Agriculture, NGOs and Tourism.

The group received the “2016 Latin America Satellite Communications Company of the Year” award from the highly recognized international consulting firm Frost & Sullivan. Globalsat Group was also named "2016 Company to Watch" in the category Emergency Response Mobility Satcom Innovation by the Mobile Satellite Users Association (MSUA). For more information please visit http://www.globalsatgroup.com/ .

About Sky and Space Global Ltd

World Experts and Highly Disruptive Business Plan
Sky and Space Global Ltd owns 100% of Sky and Space Global (UK) Limited, a UK incorporated company with European and Israeli centres of Aerospace, Satellite and Software Industry Experts, plans to deploy nano-satellites constellations in orbit to provide global communication infrastructure and services to the telecommunications and international transport industries. The Company is currently fully funded beyond the Q2 2017 launch of its “3 Diamonds” pilot network with the Indian Space Research Organization, following the completion of the Company’s recent capital raising.
The core Sky and Space Global business is to construct a communications infrastructure based on nano-satellite technology and develop the highly complex and sophisticated software systems that will deploy, maintain orbit control and handle communication code between each of the nano-satellites to give a global coverage.
Sky and Space Global aims to provide low cost, nano-satellite communication coverage on an anywhere to everywhere base with relatively low maintenance costs. Due to the experience and expertise of the founders in the aerospace industry, the business will be able to develop with inherent upgrading capabilities within short intervals, utilising their unique IP-nanosat software protocols.

Silvina Graziadio
Globalsat Group LLC
+1 (561) 419 9856

Simulation of SSG constellation of 200 satellites that will gives narrowband service for the equatorial region all the way to latitude 15 (north and south).

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Globalsat Group is the first Pan-American mobile satellite service (MSS) provider. The group is an industry leader providing Mobile Satellite Services (MSS) in Latin America since 1999 and has offices in the United States, Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Peru and Mexico as well as distributors in the region’s most important cities.