EchoStar Begins Construction of Global S-band Network
EchoStar Corporation (NASDAQ: SATS) has announced a partnership with Astro Digital to construct a global S-band mobile satellite service network.
Rhea-AI Summary
EchoStar Corporation (NASDAQ: SATS) has announced a partnership with Astro Digital to construct a global S-band mobile satellite service network. The project aims to deliver Internet of Things (IoT) and machine-to-machine (M2M) services starting in 2024. The constellation will feature 28 satellites, equipped with advanced software-defined radios and the LoRa protocol for low-cost device connectivity. EchoStar will manage the operations from its Australian subsidiary. This initiative is part of EchoStar's broader goal to establish a global non-terrestrial 5G network, addressing the increasing demand for connectivity.
Positive
- Partnership with Astro Digital to build a global S-band MSS network.
- Operational launch of IoT and M2M services planned for 2024.
- 28 satellites equipped with advanced technology for enhanced connectivity.
- Strategic positioning in the growing 5G non-terrestrial network sector.
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Procures satellites and plans Australian operations for new Low Earth Orbit constellation to power connectivity for smart devices
"This agreement represents another step forward towards our goal of a global non-terrestrial 5G network," said
The 28 satellites in this constellation design will feature an advanced software-defined radio with onboard storage and processing to power smart two-way device connectivity. The satellites will be enabled with the LoRa® (meaning "Long Range") protocol for connecting very low-cost, long-lived devices. With support for 5G non-terrestrial network (NTN) services, the constellation will serve as a foundation for
"These new capabilities will fill a gap in the connected ecosystem, greatly expanding worldwide IoT interoperability," said
Through its subsidiary
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