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SAS commences M2M and IoT tests Globalsat Group in Central and South America

(5 February 2018 - Sky and Space Global) Sky and Space Global has commenced testing of Machine-to-Machine (M2M) and Internet of Things (IoT) services in the Central and South America region in partnership with Globalsat Group LLC.

The partnership will potentially provide Sky and Space Global with access to a new market, while enabling Globalsat Group to expand its connectivity services.

The collaboration between the two companies started with a Memorandum of Understanding (MoU) which was signed in March 2017. The MoU allows the two companies to explore a commercial relationship with a view to SAS to providing narrow-band satellite communication services to customers of Globalsat Group in Central and South America.

The intention is that upon completion of a successful testing program, the companies will commence discussions on a binding commercial agreement to replace the existing MOU.

The testing follows the successful launch of the SAS narrowband communication satellites, the 3 Diamonds, in June 2017 and the subsequent testing, optimisation and operation of the 3 Diamonds to deliver world first phone calls, instant messaging, data transfers and financial transactions using nano-satellites during Q3 and Q4 2017.

Sky and Space Global’s CEO, Mr. Meir Moalem said: “We are happy to be working with Globalsat Group to provide narrowband satellite communication services to Globalsat’s customers across Central and South America. We believe the testing of M2M and IoT services will allow us to further expand and promote our business in this part of the world, while providing our partner with an opportunity to deliver M2M and IoT services in remote locations and expand their coverage.”

Globalsat Group CEO, Mr. J. Alberto Palacios said: “We welcome the opportunity to test M2M and IoT services with Sky and Space Global. We believe the market for this kind of services is growing and by using the SAS unique connectivity solution we can provide wider coverage and enhanced services to our customers in the Central and South American region.”

About Sky and Space Global

Sky and Space Global Ltd is an ASX listed (SAS) satellite company with European and Israeli centres of Aerospace, Satellite and Software Industry Experts.

The Company’s core business is to operate a communications infrastructure based on nanosatellite technology and develop highly sophisticated software systems that will deploy, maintain orbit control and handle the communication network in space to provide a global coverage. The Company successfully launched its first three nanosatellites, the ‘3 Diamonds’, into space in June 2017 and is preparing for the launch of a constellation of 200 more nanosatellites by 2020.

The Company’s vision is to provide affordable communication coverage and services to anyone, anywhere, anytime with relatively low maintenance costs. This will enable Sky and Space Global to deliver cost-effective communications infrastructure and services to those who need it most and to disrupt the telecommunications and international transport industries. Sky and Space Global Ltd owns 100% of Sky and Space Global (UK) Limited.

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