Sky and Space Global (ASX:SAS) has signed two new Memorandum of Understandings (MoU's) as part of its global growth strategy.
Sky and Space has increased its exposure in the African region by signing two agreements with reseller Extensia Bridge and ISP provider AfricaOnline.
The reseller agreement outlines Extensia Bridge's commitment to become a key reseller of Sky and Space solutions across Africa.
Meantime, the global satellite company will collaborate with AfricaOnline to explore and test how it's proprietary connectivity network can be incorporated into its service.
Sky and Space says the agreements support its business model of becoming a global player in the nano-satellite market and strengthens its service delivery options in Africa.
Shares in Sky and Space Global (ASX:SAS) trading 4.08 per cent higher at 5 cents.