Satellite Services Market News

Broadband Satellite Services Ltd (BSS), parent company of satellite communications provider Satcom Global and marine engineering firm AND Group, has received a $10m investment from UK based organisation, Business Growth Fund (BGF). This significant investment will allow BSS to accelerate its long-term growth strategy, enabling expansion and development within the Mobile Satellite Services market, further strengthening Satcom Global’s position as a top tier distributor of services to maritime, offshore, aeronautical, media and aid customers across the globe. Ian Robinson, CEO of BSS said: “At Satcom Global and AND Group we take pride in being one of the most innovative and customer oriented players in the Mobile Satellite Services sector.

Iridium Communications Inc. (Nasdaq: IRDM), today unveiled the world’s smallest, commercial, two-way satellite data transceiver – the Iridium® 9603. Announced at International CTIA Wireless 2012, the Iridium 9603 is a data module designed for embedding into machine-to-machine (M2M) solutions for remote asset tracking, monitoring and alarming in defense, government, enterprise and consumer markets where existing larger transceivers could not fit. “With the 9603, Iridium is disrupting the global M2M market by becoming relevant to new customer segments such as personnel tracking for consumers and governments as well as fleet, vehicle and heavy equipment tracking and monitoring,” said Joel Thompson, vice president, product management, Iridium.

Iridium Satellite LLC announced that Australia's Telstra Corporation Limited has signed a service partner agreement to market and sell Iridium services. The multi-year deal enables Telstra to retail Iridium services and equipment to strengthen rural and remote communications throughout Australia. Both parties anticipate a new level of interest in Iridium services across the continent's rural and remote regions. Iridium Satellite's CEO, Gino Picasso, said high costs previously posed a major barrier to those entering the satellite services market. Eighty-six percent of the world's landmass and all of its oceans are in areas without wireless or landline service coverage. Iridium addresses the situation by providing coverage in all ocean areas, air routes, and landmasses, including the Poles.

Global wireless communications operator, Iridium Satellite LLC, has signed a service partner agreement with Australia's Telstra Corporation Ltd. to market and sell Iridium services. The multi-year deal enables Telstra to retail Iridium services and equipment to strengthen rural and remote communications throughout Australia. With competitive pricing and complete coverage of Australia, both parties anticipate a new level of interest in Iridium services across the continent's rural and remote regions. Iridium Satellite's CEO, Gino Picasso, said high costs previously posed a major barrier to those entering the satellite services market. Telstra will provide Iridium services on a non-exclusive basis in Australia.