Three Diamonds nano-satellites successfully launched for Sky and Space Global

Three Diamonds nano-satellites successfully launched for Sky and Space Global

 

The Board of Sky and Space Global Ltd is pleased to announce that its 3 Diamonds nano-satellites were successfully launched today, 23 June 2017.

 

The 3 Diamonds were launched aboard the PSLV from the ISRO’s launch site at the Satish Dhawan Space Centre in Sriharikota, India. The ISRO is the space agency of the Government of India and was formed in 1969, superseding the Indian National Committee for Space Research (INCOSPAR) established in 1962.

 

Successful 3 Diamonds Launch and Deployment

 

Now that the 3 Diamonds have been successfully deployed into space, they will embark on an eight-week journey of In-Orbit Tests (IOT) to validate full functionality and performance of all subsystems including communications payload. Following this, the pilot constellation will go live and will be in a position to commence revenue generation for Sky and Space Global.

 

The launch is also a key milestone for SAS as a business, which has been engaged in months of preparation ahead of the launch.  The 3 Diamonds nano-satellites is an important part of delivering Sky and Space Global’s vision to provide affordable communication services to those who are currently underserved across the Equatorial Belt.

 

With its sophisticated nano-satellite technology and satellite network management software, the Company is going to disrupt the telecoms industry by delivering affordable satellite communications services in remote locations.  The 3 Diamonds launch is key to delivering this vision and is the first step of launching a full constellation of 200 nano-satellites in the equatorial orbit by 2020.

 

Sky and Space Global has already pre-sold its nano-satellite communications bandwidth, having secured commercial contracts through its first wholesale operator, Sat-Space Africa and Globalsat Group in Latin America.  The 3 Diamonds launch is expected to have a big impact on the company commercially, generating profit and helping to secure new commercial agreements.

 

Sky and Space Global’s CEO, Mr. Meir Moalem said: “We are delighted that the launch has gone according to plan and we will now begin the next phase, which is In-Orbit testing. This marks the start of an exciting new era for SAS and for satellite technology and we now expect to be revenue generating within a few months. We look forward to continuing to work towards delivering a full constellation of up to 200 nano-satellites in orbit in order to achieve full coverage of the equatorial belt by 2020.”

 

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