Sky and Space Global move to register global telecommunications frequency
Nano-satellite developer Sky and Space Global, that was recently back door listed by Perth connections has successfully applied to register their own frequency spectrum with the United Nations’ “International Telecommunications Union” or “ITU”.
The company’s goal is to create their own global telecommunications network that will operate courtesy of a “constellation” of miniature satellites known as “nano-satellites” that Sky and Space Global are planning to deploy into space.
A crucial part of owning your own telecommunications network is having the ability to register a frequency with the ITU who are responsible for the coordination of telecommunications operations and services globally.
Given that Sky and Space Global are UK registered, the ITU first requires them to comply with the British communications regulator Ofcom’s requirements.
In order to comply with Ofcom’s requirements, Sky and Space Global say they have passed through a rigorous due diligence process, including the submission of technical and commercial data to validate the potential of their nano-satellite technology.
The company says that the registration of its own frequency spectrum is a critical part of their quest to commercialize their own telecommunications network and they are now well advanced in this regard.
Sky and Space Global’s CEO, Mr Meir Moalem said: “Registering a spectrum frequency is another significant milestone needed for our operations ahead of the launch of our initial three pilot nano-satellites in Q2 2017 from India.”
“ It had been identified by us as a potential risk to our program, and although this is not the final registration stage, we are happy to be on track with our risk mitigation program. Complying with Ofcom’s requirements provides substantial validation of the technical and commercial potential of our technology, and we will keep on moving forward with the registration process.”
“Access to frequency spectrums is essential for commercialising our nano-satellite technology via the provision of low cost mobile coverage globally, further de-risking Sky and Space Global’s value proposition.” Said Mr Moalem.
Sky and Space Global (SAS)
Closing price for the last 90 trading days
Powered by Morningstar ®