Inmarsat $1.2B Investment in KA-Band Satellite

Wednesday, August 11, 2010

Inmarsat (LSE: ISAT), provider of global mobile satellite communications services, announced that it has agreed a contract with The Boeing Company for the delivery of three state-of-the-art 702HP Ka-band satellites.  The Inmarsat-5 constellation will enable Inmarsat to provide a unique global high speed mobile broadband service offering

With operations expected to start in 2014, Inmarsat-5 will support a next generation global service, Global Xpress, which will target a $1.4b incremental market opportunity in VSAT services.  Global Xpress will address the established, growing markets for VSAT services in the Maritime, Energy and Government sectors, with further growth potential in developing markets such as the Aeronautical sector.  Global Xpress will deliver global coverage and unprecedented mobile broadband with speeds up to 50MB/s, to customer terminals from 20-60cm in size. 

Inmarsat will target $500m of annual Ka-band revenues 5 years after global service launch. 

Inmarsat estimates that the total cost of Inmarsat-5 and Global Xpress will be $1.2bn over 4.5 years, incorporating the fixed cost of the satellites, as well as the cost of additional ground network infrastructure, product development, launch services and insurance.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Communication

A New Standard in Marine Communications

KVH provides and Harvey Gulf employs possibly the most sophisticated on-board SATCOM and related service package on the water. That’s no accident.     If quality service,

KONGSBERG to deliver C4I CORTEX for the Combatant Craft Medium Mark One

KONGSBERG will provide the C4I infrastructure solution for the CCM Mk 1 production contract, awarded to Oregon Iron Works,    Inc. (OIW) in Clackamas, OR on February 10th, 2014.

KVH will bring FIFA to Mariners

KVH Industries, Inc., (Nasdaq: KVHI) has come to an agreement with IMG Media to distribute video content of the 2014 FIFA World Cup ™ to merchant ships. KVH will

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0892 sec (11 req/sec)