
Abu Dhabi, 11 October, 2022 : 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
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
02/07/2023
Our robust, comparable data provides trusted insights and gives media owners, buyers and planners the power to trade confidently.
ABC members and data subscrib...
02/07/2023
We'll be releasing The next set of ABC audited consumer media data covering the period January to December 2022 on Tuesday 21st February at noon.
When rele...
02/07/2023
We'll be releasing The next set of ABC audited consumer media data covering the period January to December 2022 on Tuesday 21st February at noon.
When rele...
01/05/2023
Our Chief Executive Simon Redlich was recently invited by Alliance for Audited Media (AAM) to share his views on what 2023 might hold. Read what Simon and other...
25/03/2023
MELBOURNE, Australia Atomos today announced its Cloud Studio, a suite of cloud-based video production services, is now available....
25/03/2023
MultiDyne Addresses Convergent Fiber and IP Production Workflows with New NIA920...
25/03/2023
TAG to Introduce Enhancements to Realtime Media Performance Platform at NAB that...
25/03/2023
The Rebel Fleet Envisions Powerful Video Assist, DIT, and Dailies Workflows with...
25/03/2023
FOR-A Strengthens System Offerings through Partnership with Alfalite
Brie Clayton March 24, 2023
0 Comments
FOR-A, a cutting-edge video broadcast techn...
25/03/2023
Soo Kim, managing partner of Standard General, took to the online op-ed pages of...
25/03/2023
Ad-tech company GumGum said it made a deal with Amagi to make its patented overlay ads available across Amagi's Thunderstorm broadcast inventory....
25/03/2023
Looking to grab a foothold in a shifting television measurement multiverse, MarketCast said it was expanding its Brand Effect product into the fast-growing conn...
25/03/2023
Fox's streaming platform Tubi announced integrations with VideoAmp, LiveRamp and Comscore at its pre-upfront Tubi Connect event Thursday....
25/03/2023
Starz said the season three premiere of Power Book II: Ghost drew 5.8 million mu...
25/03/2023
Rob Mariano, host of Boston Rob Does Beantown on Hearst Television's Very Lo...
25/03/2023
Smash, a decade-old musical drama that was on NBC, about a group of singers and dancers hustling to get a Marilyn Monroe musical on stage, is headed to Broadway...
25/03/2023
Fox has renewed the midseason dramas Accused and Alert: Missing Persons Unit. The shows' sophomore seasons will air in 2023-2024....
25/03/2023
Bob Halloran, sports anchor at WCVB Boston, will retire from the SportsCenter 5 team effective May 31. He has spent 38 years in journalism in the New England re...
25/03/2023
Tamron Hall hosts the special Our America: Women on a Roll on the ABC Owned Television Stations and ABC Localish starting March 25 and continuing over the next ...
25/03/2023
African Proverb of the day: 25 March 2023A proverb reflects and reveals a community's culture that provides a glimpse into its value systems, beliefs, and a...
25/03/2023
Daily devotion: Your bible verse and prayer for 25 March 2023GOOD MORNING! Here's your daily bible verse and prayer to get you ready and excited about your ...
24/03/2023
When I started out as an investigative journalist, there were few practising journalists in Kenya to learn from or manuals that I could read to sharpen my skill...
24/03/2023
Chelsea Christensen (right) greets a Festival volunteer at the Park City building that houses official merchandise for the Sundance Film Festival. (Photo by Jut...
24/03/2023
Each year when we publish Spotify's Equity and Impact Report, we have the opportunity to reflect on our efforts toward creating a more equitable and sustain...
24/03/2023
No Brasil, o ver o aquele per odo para aproveitar o calor e as altas temperaturas, mas n o s isso. De dezembro a mar o, a poca para celebrar grandes feria...
24/03/2023
Mark March 30 on your calendars. That's when RapCaviar Presents arrives on H...
24/03/2023
NAB 2023: Actus Digital Unveils OTT StreamWatch and v9.0 Enhancements to Intelli...
24/03/2023
Aircraft tractors or tugs help planes back up and away from gates. Learn how pushback training simulators can assist in training tug operators more effectively....
24/03/2023
Pro Tools 2023.3 screenshot...
24/03/2023
On Wednesday, March 29, TV Tech will be holding its Spring TV Tech Summit, a series of keynote conversations, panel discussions and case studies covering the la...
24/03/2023
THAMES DITTON, England Imagine Communications has announced that it recently helped one of Europe's largest media companies, the Antenna Group, quickly move...
24/03/2023
LAS VEGAS Miller Tripods will be showing its new SkyX 8 fluid head at the 2023 NAB Show on Booth C4221. Designed for outdoor broadcast and studio productions, t...
24/03/2023
ROCHESTER, N.Y. Four broadcast television stations serving the Rochester television market have begun offering NextGen TV, aka ATSC 3.0 broadcast signals....
24/03/2023
Lawo announced the creation of a CTO Office as part of a larger customer-centric strategy of providing innovative and markable solutions for a rapidly changin...
24/03/2023
The company has established the new CTO Office to drive innovation and deliver on its strategic goals
By TVBEurope Staff
Published: March 24, 2023
The co...
24/03/2023
Kindai University Employs ATEM Switcher Workflow for its Esports Facility
Brie Clayton March 23, 2023
0 Comments
Kindai University, one of the largest ...
24/03/2023
Justify Lighting The Secret of professional Color Grading Colour Theory in D...
24/03/2023
MwareTV offers a one-stop Managed IPTV Service at NAB
Brie Clayton March 23, 2023
0 Comments
MwareTV, a leading cloud-based multi-tenant platform provi...
24/03/2023
Adobe Creative Cloud tools power top films at SXSW 2023
Meagan Keane March 23, 2023
0 Comments
The 2023 South by Southwest Festival just wrapped, and A...
24/03/2023
Corp's Na'Tasia Robinson helps represent Capitol Broadcasting at a Career Fair at St. Augustine's University near downtown Raleigh on Wednesday, Mar...
24/03/2023
Tonight on Skeem Saam: Someone has sights on a former beauty queen and Obed is n...
24/03/2023
SKEEM SAAM: Tonight's episode, 24 March 2023 [VIDEO]Missed an episode of Skeem Saam? No problem! Watch all the latest episodes of Skeem Saam soapie right he...
24/03/2023
HOUSE OF ZWIDE: Episode for 24 March 2023 [VIDEO]Missed an episode of House of Zwide? No problem! Watch all the latest episodes of House of Zwide soapie right h...
24/03/2023
SCANDAL: Tonight's episode, 24 March 2023 [VIDEO]Missed an episode of Scandal ? No problem! Watch all the latest episodes of Scandal soapie right here. Don&...
24/03/2023
GENERATIONS: Tonight's episode, 24 March 2023 [VIDEO]Missed an episode of Generation The Legacy? No problem! Watch all the latest episodes of Generation The...
24/03/2023
UZALO: Tonight's episode, 24 March 2023 [VIDEO]Missed an episode of uzalo? No problem! Just watch all the latest episodes of uzalo soapie right here, don...
24/03/2023
MUVHANGO: Tonight's episode, 24 March 2023 [VIDEO]Missed an episode of Muvhango? No problem! Watch all the latest episodes of Muvhango soapie right here, do...
24/03/2023
SVG On Demand: Madison Square Garden's Matt Coy on the Power of On-Ice/On-Co...
24/03/2023
ESPN Streamlines Operations in Covering NCAA Women's Basketball Tournament For the first time, there are just two Regional Sites for the Sweet Sixteen and E...
24/03/2023
Published On: March 23rd, 2023
data-orig-src=https://www.sgo.es/wp-content/upl...