Thuraya, Yahsat's mobility business, signs complementary commercial agreement to develop a Next Generation IoT Platform with eSAT Global
Investment in eSAT and the commercial agreement mark a major milestone for Yahsat's IoT strategy
New IoT platform will enable deployment of chipsets, modules and ground systems addressing the growing demand for connectivity using low-cost, low-power IoT devices
IoT market is poised to grow at a CAGR of 22% over the next 5 years
Abu Dhabi, UAE, 11 October 2022 Yahsat (ADX: AEA007501017), the UAE's flagship satellite solutions provider, today announced a minority investment in eSAT Global Inc, an innovative Internet of Things (IoT) connectivity solutions provider that will bring a new disruptive, low-cost, low latency, direct-to-satellite IoT service to the market.
The overall IoT market is projected to grow at a CAGR of 22% over the next five years to US$ 525 billion and the satellite IoT business is forecasted to generate a cumulative revenue of US$ 6 billion over the same period. The investment in eSAT represents an opportunity to participate in a fast-growing sector, that is still significantly under-penetrated, and is closely aligned with Yahsat's strategy of prioritizing growth sectors.
In addition to Yahsat's investment in eSAT, Thuraya, its mobility business, has signed a commercial agreement with eSAT, which will provide Thuraya with secure and long-term access to an end-to-end Low Power Wide Area Network (LPWAN) IoT system and portfolio. The system will work over Thuraya's Mobile Satellite Services (MSS) GEO assets and provide customers with IoT portfolio access on a global scale, by leveraging Yahsat's group's presence in over 150 countries. The partnership with eSAT will enable Thuraya's service partners to address critical IoT requirements in key segments, including smart agriculture, environmental monitoring, digital maritime and cold-chain tracking. Thuraya, in collaboration with eSAT, is planning to launch the IoT system and portfolio and commence commercial activities by Q4 2023.
Designed specifically for IoT and low data rate applications, the new platform will leverage Thuraya's existing (T2 & T3) and future MSS GEO satellites, including Thuraya 4-NGS, Yahsat's forthcoming next generation L-band satellite. This high-capacity platform will enable millions of devices to be serviced simultaneously and efficiently in a cost-effective way. The service requires no terrestrial repeater infrastructure or backhaul, while providing seamless coverage across the globe. Devices equipped with the new eSAT communication module will be able to communicate with satellites using very low transmit power anywhere within Thuraya's footprint.
Besides its enhanced versatility and industry-leading performance, the new IoT platform offers multiple advantages to solutions providers and integrators to manufacture and customize new and existing products and solutions with robust connectivity and high mobility. The new platform has been designed with 5G implementation considerations to support seamless integration and interoperability within terrestrial IoT ecosystems. It provides solutions that Mobile Network Operators (MNO) cannot provide terrestrially, has ubiquitous coverage, and will deliver always-on reliable solutions for critical IoT applications.
The IoT platform will also integrate capabilities to support low-cost texting services which will enable constant connectivity for smartphone users particularly in emergency situations. This builds off eSAT's Remote Text Service (eRTS) which was announced in October 2021.
Ali Al Hashemi, Chief Executive Officer at Yahsat Group, said: Yahsat's investment in eSAT, combined with Thuraya's commercial agreement, is aligned with our belief in the outsized impact of the IoT sector for the satellite and space industry today and in the years to come. Through this partnership, we will be able to serve our customers even more effectively by offering smart, reliable, and customizable solutions that will unlock new and exciting opportunities across a range of sectors. We look forward to working closely with eSAT who bring a track record of launching successful communication products and services to market. We are confident that together we will create a powerful offering to our customers and partners.
Rick Somerton CEO and President of eSAT Global, added We have designed our systems to benefit from the intrinsic advantages that L-band GEO's have over both LEO's and other GEO's. It is very exciting for us to have Yahsat, through their investment, endorsing our belief that their GEO's will deliver low-cost, low-power, and low-latency IoT connectivity. Our partnership has been a long time in the making, going back several years when we demonstrated the suitability of Thuraya's satellites for IoT. We appreciate the efforts of both teams of professionals in getting us to this
exciting milestone. We look forward to building on our partnership with Yahsat to deliver LPWAN connectivity to Yahsat's existing customers and many more new users for whom satellite-enabled connectivity has not previously been an option.
Yahsat will be participating at GITEX 2022 from October 10-14th. For more information about Yahsat and its subsidiaries visit Zabeel Hall 2, Stand Z2-D3.
Most recent headlines
04/09/2025
Monumental Sports & Entertainment (MSE), in collaboration with Dalet, has been a...
09/05/2025
CAMBRIDGE, Mass. Studio Technologies said the Harvard University athletics department has integrated Dante-enabled equipment from the vendor into its broadcast ...
09/05/2025
NEW YORK ITN, a provider of a local linear supply side platform, and Magnite, a independent sell-side advertising company, have announced that they working toge...
09/05/2025
LEEDS, U.K. Nugen Audio has launched a new speech intelligibility plug-in, DialogCheck and offered up quotes from technologists working at places like Netflix p...
09/05/2025
AJA I/O Gear: The Heart of Broadcast Solutions' VEGO Mobile Editing Solution
Brie Clayton May 8, 2025
0 Comments
When working remotely on broadcas...
09/05/2025
What do they teach in an Advanced Adobe After Effects Course?
Roland Kahlenberg May 8, 2025
0 Comments
There aren't many advanced After Effects co...
09/05/2025
Larry Jordan Sits with Trevor Morgan of OpenDrives at NAB 2025
Brie Clayton May 8, 2025
0 Comments
Trevor Morgan, COO of OpenDrives, shares how the co...
09/05/2025
Berklee Popular Music Institute Announces UK Festival Debut and Tour Dates For the first time, BPMI will bring Berklee-affiliated artists and students to the ...
08/05/2025
A sinister fairy infiltrates a desperate family in Kenneth Dagatan's In My Mother's Skin, which premiered at the 2023 Sundance Film Festival. Photo co...
08/05/2025
As expected, continued weak demand from key sales markets and declining economic...
08/05/2025
A new three-part series is coming to BBC iPlayer and BBC One
(Image: The Christie Archive Trust)
The BBC has announced Agatha Christie's Endless Night, a...
08/05/2025
For skyward-bound operators, training focuses on the unique aspects of flying ISR missions, including the management of onboard surveillance equipment and the e...
08/05/2025
The cable industry has told the Federal Communications Commission it supports the National Association of Broadcasters' proposal to allow broadcasters to us...
08/05/2025
WASHINGTON The Consumer Technology Association has continued its opposition to mandates requiring that NextGen TV/ATSC 3.0 tuners be included in new TV sets, sa...
08/05/2025
TAG Video Systems, the leader in software-based IP end-to-end workflow monitoring, deep probing, and real time visualization, has named Paul Maroni as Vice Pres...
08/05/2025
This year's UK Pavilion in hall 5, once again managed by Tradefair, will provide visitors with the unique opportunity to discuss and be involved in cutting ...
08/05/2025
Rohde & Schwarz will showcase its latest energy-efficient transmitters and 5G Broadcast technologies, designed to support network operators and content provider...
08/05/2025
IRVING, Texas Nexstar Media Group has tapped Bill Nardi as vice president of station operations, responsible for overseeing the day-to-day broadcast operations ...
08/05/2025
SEATTLE LumaTouch is partnering with CNN Academy to improve mobile storytelling techniques and support training across all of CNN Academy's training simulat...
08/05/2025
WASHINGTON The Society of Broadcast Engineers has filed comments with the Federal Communications Commission that support a proposal by the National Association ...
08/05/2025
Senior adviser to the United States Agency for Global Media Kari Lake has announced that One America News Network (OAN) will provide newsfeed services for fre...
08/05/2025
EdMon Expands as AI-Driven Post Production Workflows Gains Traction in Sweden an...
08/05/2025
Using Luma Mattes in Adobe Premiere Pro
Graham Quince May 7, 2025
0 Comments
This very quick tutorial shows you how to take an RGB clip and apply its ...
08/05/2025
OpenDrives Unveils Free Your Data' Initiative with New Astraeus Cloud-Nativ...
08/05/2025
Student Spotlight: Grigori Balasanyan The Armenian composer, who was named Boston Conservatory at Berklees 2025 student commencement speaker, talks about his ...
08/05/2025
08 May 2025
VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela ...
08/05/2025
Comedy and entertainment channel U&Dave bring back their #1 ranked programme of ...
08/05/2025
May 8th, 2025 Press Materials Available Here
Tribeca Festival 2025 Unveils New Premieres Spanning Film and Music
Slick Rick's Victory with Idris Elba a...
08/05/2025
May 8th, 2025 Press Materials Available Here
Tribeca Festival 2025 Announces Lineup for Inaugural Storytelling Summit
11-Day Industry Event Launches with Tal...
08/05/2025
SVG Sit-Down: Vizrt's Nicholas Jameson on AI in Workflows, Pushing Boundarie...
08/05/2025
Creating Alternative Brand Experiences: Live Sports in the Age of Fortnite, Meta...
08/05/2025
PGA TOUR's David Piccolo: Advanced Graphics and Virtual Production Tools are...
08/05/2025
Tech Focus: Advancing Immersion in Sports Broadcasting with AR and Virtual Produ...
08/05/2025
Expect even more chaos this July with Harriet Webb leading the returning cast, p...
08/05/2025
Back to All News
Now in Production: Comedy Action Film Husbands in Action'...
08/05/2025
TenneT relies on Arvato Systems for market communication
Energy industry: Impressive market communication know-how and system integration expertise
G tersloh...
08/05/2025
When Taiki Hamamoto, 22, came across a Hanafuda deck at his local game shop, he was intrigued. He had grown up playing the traditional Japanese card game with f...
08/05/2025
The Liveline is now open , said Joe Duffy earlier today, as he previewed this af...
08/05/2025
RT , in association with the BBC, Screen Ireland and Cineflix Rights has reveale...
08/05/2025
Artificial intelligence is helping identify and treat diseases faster with better results for humankind. Natural disasters like wildfires are next.
Fires in th...
08/05/2025
Calling all wiseguys - 2K's acclaimed Mafia franchise is available to stream...
08/05/2025
As AI use cases continue to expand - from document summarization to custom software agents - developers and enthusiasts are seeking faster, more flexible ways t...
07/05/2025
Discovering music should feel effortless and fun. That's why Spotify continu...
07/05/2025
SBS and NITV mark National Reconciliation Week with compelling premieres recogni...
07/05/2025
SBS commences search for a new Western Sydney production hub location
7 May, 2025
Media releases
SBS has today launched a Request for Expressions of Intere...
07/05/2025
Warsaw, Poland - April 28, 2025 - Nielsen, a global leader in audience measurement, data and analytics, has released its latest March All Screens Video Landscap...
07/05/2025
LONDON Movie fans hoping to save money by waiting until their favorite new films appear on streaming services will have to wait a bit longer now, according to a...
07/05/2025
MECCA, Saudi Arabia Saudi Broadcasting Authority (SBA) has selected Grass Valley to provide a major technology upgrade of its broadcast facility here....
07/05/2025
Sony and Nevion provide guidance on IP network architecture options for live pro...
Thuraya, Yahsat's mobility business, signs complementary commercial agreement to develop a Next Generation IoT Platform with eSAT Global
