Sky and Space Global Limited
(ASX:SAS) have signed a customer agreement with a mobile satellite service provider, Globalsat Group LLC.
The non-binding Memorandum Of Understanding (MOU) involves jointly exploring SAS’s services with Globalstat’s customers.
The satellite communication company, Sky and Space Global Limited
(ASX:SAS), says it signifies its first entry into the large equatorial markets across South and Latin America.
The deal also involves establishing a commercial agreement for SAS’s bandwidth to be used by Globalstat’s end-user customers.
Sky and Space Global Ltd
(ASX:SAS) report a net loss of $4.68 million for the half-year to 31 December 2016.
