Welcome to our dedicated page for Aerkomm news (Ticker: AKOM), a resource for investors and traders seeking the latest updates and insights on Aerkomm stock.
AERKOMM Inc. (AKOM) delivers cutting-edge satellite communications through innovative LEO technology and strategic global partnerships. This page provides investors and industry professionals with timely updates on the company’s operational milestones, financial performance, and technological advancements.
Access comprehensive coverage of AKOM’s press releases, including updates on low Earth orbit satellite deployments, distribution agreements in Asian markets, and advancements in mobile connectivity solutions. Users will find verified information on earnings announcements, partnership developments (such as the Eutelsat OneWeb collaboration), and progress in Direct to Cell technology research.
All content is curated to help stakeholders monitor the company’s growth in satellite communications and land mobility sectors. Bookmark this page for reliable updates on AKOM’s initiatives in bridging connectivity gaps across underserved regions.
AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM) has signed a Distribution Partner Agreement with Eutelsat Group to leverage its OneWeb Low-Earth Orbit (LEO) satellite services. The agreement grants AERKOMM Japan distribution rights for LEO connectivity services in Japan for commercial fixed and land mobility sectors, and in Taiwan for the commercial land mobility market.
The partnership aims to deliver advanced satellite communication solutions across Asia, utilizing OneWeb's constellation of 634 satellites. This collaboration is expected to provide users with superior features like low latency and high throughput compared to Geostationary Orbit (GEO) satellites.
The agreement aligns with market research indicating significant growth in the land mobility sector, particularly among 'Comms on-the-Move' users. The Recreational Vehicle (RV) market is projected to grow from USD 33.23 billion in 2024 to USD 49.18 billion by 2029, with a CAGR of 8.15%.
AERKOMM is also pursuing 'Direct to Cell' technology and developing Mesh network solutions for Non-Terrestrial Networks to enhance connectivity and resource management performance.
Aerkomm Inc. announced a joint venture agreement with Sakai Display Products Corporation and PanelSemi Corporation to develop a tile antenna for in-flight entertainment solutions. The Joint Venture will operate through a new California-based company, initially funded 100% by SDPJ. Aerkomm will license its intellectual property and receive 52% equity in the new company after successful proof of concept. SDPJ will contribute €7.5 million to Aerkomm following POC approval. If POC is not achieved in 11 months, the joint venture will terminate, and SDPJ will retain full ownership.
Aerkomm Inc. (Euronext Paris: AKOM; OTCQX: AKOM) announced on April 1, 2021, its intention to upgrade its listing status to the regulated market of Euronext Paris. The Company has filed a preliminary draft prospectus, pending approval by the Authorité Des Marches Financiers (AMF). The upgraded listing aims to enhance visibility and trading of Aerkomm’s common stock, currently listed on the Professional Segment of Euronext Paris. Shares will not be available for U.S. investors, adhering to the Securities Act regulations. Aerkomm specializes in in-flight entertainment and connectivity services.
FAQ
What is the market cap of Aerkomm (AKOM)?
