LeoSat Lands First Customer for Planned LEO Constellation
LeoSat signed a contact with its first customer, an unnamed financial trading company with offices globally, LeoSat said in a news release Tuesday. It said the planned network of low earth orbit satellites will bring low latency, averaging less than…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
93 milliseconds from London to Tokyo and less than 119 milliseconds from London to Singapore. "We are excited to be in a position to announce our first customer almost four years ahead of the commercial launch of our system and while doing so, also venture into a market sector where traditional satellite systems have never had any suitable product offering," said LeoSat Chief Commercial Officer Ronald van der Breggen.