Sony Pixel Power calrec Sony

Yahsat Acquires a Minority Stake in eSAT Global

11/10/2022

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.
LINK: https://www.thuraya.com:443/en/press-centre/2022/yahsat-acquires-a-min...
See more stories from thuraya

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

04/08/2026

Dalet Announces Commercial Availability of Dalia, Bringing Media-Aware Agentic AI to Enterprise Productions

Dalet, a leading technology and service provider for media-rich organizations, t...

04/07/2026

Detective Conan: Fallen Angel of the Highway Opens in Dolby Cinemas Across Japan, Presented in Dolby Atmos and Dolby ...

April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...

05/06/2026

LSUs Sarah Ramundt on Celebrating the One-Year Anniversary of The Brand

The university-wide initiative has pushed their creative content to a new level Although collegiate athletics at a single institution can contain numerous spo...

05/06/2026

SVG GameDay, Ep. 18: New York Islanders Brooklyn Boyars - A Career Filled With Championships

In-venue and creative video staffers at the professional and collegiate level ha...

05/06/2026

Synamedia Enters New Chapter Following Lumine Group Acquisition Agreement

Synamedia has announced that Lumine Group has agreed to acquire its Video Network business. The company is positioning the transition as the start of a new phas...

05/06/2026

Ateme, BCE, and Scaleway Announce Sovereign Cloud Media Supply Chain Partnership

Ateme, Broadcasting Center Europe (BCE), and Scaleway have announced a strategic partnership to deliver a cloud-based media supply chain covering ingest through...

05/06/2026

Audinate Adds Three Models to Dante AVIO Install Adapter Line

Audinate has announced three new additions to its Dante AVIO Install adapter series: a 4-Channel Analog Input, a 4-Channel Analog Output, and a 2-Ch In/2-Ch Out...

05/06/2026

Sportradar Extends Data and AV Betting Rights Agreement for Wimbledon Beyond 2026

Sportradar Group AG has announced a multi-year extension of its exclusive global...

05/06/2026

M6 Group to Broadcast FIFA World Cup 2026 in 4K UHD via Fransat Satellite Platform

The M6 Group will broadcast FIFA World Cup 2026 matches live and in Ultra High D...

05/06/2026

The Athletic Adds PGA TOUR Highlights to Golf Coverage

The Athletic has announced that PGA TOUR highlights will be integrated into its golf coverage beginning with the Memorial Tournament presented by Workday. PGA T...

05/06/2026

Op-Ed: Beyond the Stadium: Why Real-Time Visual Intelligence Will Define World Cup 2026 Security

When the FIFA World Cup arrives in North America in 2026, it will bring more tha...

05/06/2026

FIFA+ Launches Exclusively on DAZN

FIFA and DAZN have announced the launch of FIFA exclusively on DAZN, consolidating FIFA's content portfolio within DAZN's sports platform. The move fol...

05/06/2026

Telemundo Announces Group Stage Broadcast Schedule and Talent Assignments for FIFA World Cup 2026

Telemundo's exclusive Spanish-language coverage of the FIFA World Cup 2026 G...

05/06/2026

Peacock to Stream Telemundos FIFA World Cup 2026 Coverage in Dolby Vision and Dolby Atmos

Dolby Laboratories and NBCUniversal have announced that Peacock will stream Tele...

05/06/2026

Formula 1 Extends Las Vegas Grand Prix Through 2037

Formula 1 has announced a 10-year extension to keep the Las Vegas Grand Prix on the F1 calendar through 2037. Las Vegas Grand Prix, Inc., Clark County, and the ...

05/06/2026

Inside SailGP New York: How Riedel Provides Tech Backbone for Challenging Production Effort

The broadcast-engineering team overcomes wind, speed, and salt water - and dista...

05/06/2026

Virtual Eye Powers Broadcast Graphics Across Golf Productions in Busy Three-Event Week

Deploying both onsite and remote crews, the company is providing calibrated-came...

05/06/2026

ESPN Pivots From REMI to Full On-Site Production for UFL Playoff Game on Daytonas Blank Canvas

With Inter&Co Stadium unavailable, ESPN's UFL team rebuilt its broadcast pla...

05/06/2026

Free Registration for SVG Regional Sports Production Summit Ends Today!

One of the most exciting and informative events on the SVG annual event calendar is the Regional Sports Production Summit, an annual gathering of industry profe...

05/06/2026

FOX Returns to Saratoga Race Course for 158th Running of Belmont Stakes

For the race's third year at the historic racetrack, the broadcaster has added cameras and will incorporate multiple drones The 158th edition of the Belmon...

05/06/2026

Ratings Roundup: NBCs Spurs-Thunder Game 7 Best Since 2016, ESPNs Stanley Cup Final Opener Hits Seven-Year High

Ratings Roundup is a rundown of recent rating news and is derived from press rel...

05/06/2026

Sonuscore release LUX Orchestral Strings Essentials

Built from the same recordings as flagship library Sonuscore's LUX Orchestral Strings has been met with widespread praise since its launch in late 2025,...

05/06/2026

RME unveil the ADI-2 Pro EX

High-end converter, interface & headphone amp upgraded Said to represent the next evolution of RME's all-in-one reference converter concept, the all-new...

05/06/2026

Soundgas Sounds: Latest prize draw announced

Win a Soundgas Type 636P & Type G preamps Soundgas, one of the UK's leading vintage and boutique audio equipment specialists have just announced the lau...

05/06/2026

New leadership of Technology Systems Division at Rohde & Schwarz

New leadership of Technology Systems Division at Rohde & Schwarz On July 1, 2026, Hansj rg Herrbold and Andreas H gele will take over as Executive Vice Presid...

05/06/2026

Hitachi and Intel announce strategic collaboration to accelerate AI transformation across key industries

Hitachi and Intel announced a strategic collaboration to explore opportunities t...

05/06/2026

Nielsen, Mediaocean Announce New Integration to Power The Next Phase of Data-Driven Linear, Advanced Audience Measurement

MRI-Simmons and S&P Global Mobility are expanding advanced audience capabilities...

05/06/2026

Latest Nielsen data reveals insurance advertising climbs as Australians weigh cost, cover and loyalty

New Nielsen data shows insurance ad spend grew 11%, while consumers remain highl...

05/06/2026

Nielsen Adds New Audience Data Partnerships

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

ASG Promotes Joe Marchitto to Western Regional CTO

ASG Promotes Joe Marchitto to Western Regional CTO Brie Clayton June 5, 2026 0 Comments Appointment to Support Engineering Alignment and Client Experi...

05/06/2026

Stargate Studios Colombia Uses DaVinci Resolve Studio for Vertical Microdramas

Stargate Studios Colombia Uses DaVinci Resolve Studio for Vertical Microdramas Brie Clayton June 5, 2026 0 Comments End to end post in one platform al...

05/06/2026

People Need to Come First When We Use AI

People Need to Come First When We Use AI Andy Marken June 5, 2026 0 Comments It's just surviving. Life's very existence requires destruction....

05/06/2026

Fahad Haider Joins NESN as VP, Operations and Engineering

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

GatesAir Opens New Brazil Office to Back DTV+ Rollout

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

Supreme Court Upholds FCC's Authority to Levy Fines

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

Montclair State University Will Run NJ PBS

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

Merkhet's Sam Matheny Urges Congress to Expedite BPS Deployment

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

Sinclair Launches NextGen TV Campaign in Columbus, Ohio

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

NAB Releases New Keep the Game On' Spot

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

NCTC, ACAC Going to Disney World for Independent Show

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

Nielsen Announces New Integrations for Improved Measurement

Share Copy link Facebook X Linkedin Bluesky Email...

05/06/2026

Frequency Launches In-Scene Advertising to Accelerate Str...

Frequency, the engine powering many of the world's leading streaming television channels, today announced the launch of In-Scene Advertising, a new monetiza...

05/06/2026

Berklee Study Reveals Video Has Become Essential to Music Careers

Berklee Study Reveals Video Has Become Essential to Music Careers Survey findings show social platforms have become the primary source of music for video cont...

05/06/2026

VEON's Kyivstar to Expand Digital Mobility Ecosystem with Acquisition of E-wings by Uklon

05 Jun 2026 VEON's Kyivstar to Expand Digital Mobility Ecosystem with Acqui...

05/06/2026

RT Radio 1 Folk Awards 2026 Date Announcement

RT Radio 1 Folk Awards to take place on Tuesday 10th November 2026, Vicar Street, Dublin Moya Brennan, D nal Lunny, Mary Black and Christy Moore among previou...

04/06/2026

Sony's New PTZ Cameras Deliver 4K 60p; New STARVIS Sensor Meets Low-Light Demands

Sony Electronics is introducing the SRG-AS10, a 4K 60p-compatible PTZ auto-frami...

04/06/2026

SVG Students To Watch: Alex Albert, Texas A&M University

This recent grad from Spring, TX, led creative-video output for the Aggies' men's basketball team last season and has been producing video and creating ...

04/06/2026

USGA Brings AI Recaps, 3D Range Tracking, and Predictive Shot Tracing to U.S. Womens Open

For the first time at a women's golf major, every player in the field will r...

04/06/2026

Panasonic PT-RQ45 Projectors Power Lille Video Mapping Festival Opera House Installation

Three Panasonic PT-RQ45 40,000-lumen 3-Chip DLP projectors made their first live...