Thuraya Telecommunications Company, a leading mobile
satellite service operator and ELSE SA, a Swiss NewSpace startup, has announced
that they have signed a memorandum of understanding (MoU) paving the way for a
strategic alliance between the two companies. The strategic alliance will
enable the companies to expand satellite services to customers with
machine-to-machine (M2M) and internet of things (IoT) communication, enabled by
the Astrocast satellite constellation.
They will benefit from each other’s capabilities on
multiple fronts including technical and regulatory. They can extend their
product and service portfolios considerably besides facilitating expedited
access to the market. “This agreement forms the foundation of an extensive
framework and an exciting long-term collaboration towards providing a
progressive platform for our partners to offer services beyond basic satellite
connectivity,” said Jassem Nasser, Thuraya’s chief strategy officer.
“FUTURA, our
future plan encompasses three main pillars, one of which is “New Wave” services
for M2M and IoT applications. Our alliance with ELSE serves as a building block
for the development of this component of FUTURA and further reaffirms our
commitment in building value through partnerships.
The ELSE team has supported more than ten European
Space Agency (ESA) missions, seven nanosatellite missions and is building a
network of low-earth-orbit (LEO) nanosatellites named Astrocast that will
provide cost effective IoT and M2M services to global enterprises. This mission
is also supported by ESA through their ARTES programme.
Fabien Jordan, co-founder and CEO of ELSE, added:
“As an established company, Thuraya brings experience, skill and reputable
legacy to the table. ELSE shall benefit greatly from their technology and
distribution reach and we are very excited about the possibilities this
alliance will create.” The first satellites are scheduled for launch by 2018,
as a demonstration mission, with a plan to have a total of 64 satellites in
orbit by 2021. Once fully operational, the constellation will provide remote
monitoring, geolocation services, predictive maintenance and intelligent data
gathering.
From a commercial perspective, the agreement between
Thuraya and ELSE extends their product and service portfolios considerably
besides facilitating expedited access to the market.
Thuraya’s Chief Strategy Officer, Jassem Nasser,
said that “This agreement forms the foundation of an extensive framework and an
exciting long term collaboration towards providing a progressive platform for
our partners to offer services beyond basic satellite connectivity. FUTURA, our future plan encompasses three
main pillars, one of which is “New Wave” services for M2M and IoT applications.
Our alliance with ELSE serves as a building block for the development of this
component of FUTURA and further reaffirms our commitment in building value
through partnerships.”
The ELSE team has supported more than ten European
Space Agency (ESA) missions, seven nanosatellite missions, and is building a
network of low-earth-orbit (LEO) nanosatellites named Astrocast that will
provide cost effective Internet-of-Things (IoT) and machine-to-machine services
to global enterprises. This mission is also supported by ESA through their
ARTES program.
The first satellites are scheduled for launch by
2018, as a demonstration mission, with a plan to have a total of 64 satellites
in orbit by 2021. Once fully operational, the constellation will provide remote
monitoring, geolocation services, predictive maintenance, and intelligent data
gathering. The full scope of markets that will benefit from these capabilities
will include retail, agriculture, automotive, utilities, maritime, oil, and gas
among others.
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