Panasonic Avionics comment on ST Engineering's proposed acquisition of Newtec

Panasonic Avionics comment on ST Engineering's proposed acquisition of Newtec

 

Mark Jennings, Chief Operating Officer at Panasonic Avionics Corporation (Panasonic), commented on the acquisition of Newtec by  ST Engineering’s subsidiary, Singapore Technologies Engineering (Europe) Ltd, stating, “This investment by ST Engineering is an important milestone for both Panasonic and its customers.”

 

Jennings noted that, “We believe that the combined new business will speed time to market and accelerate the innovation cycles needed to best serve our inflight connectivity customers. In fact, Newtec’s bandwidth efficiency and Ultra High Throughput technologies with iDirect’s seamless global bandwidth and network management capabilities have the potential to be unrivalled in the market. 

 

Jennings continued, “Newtec’s modem has played a key role in our global Ku-band high throughput satellite service, and we have an aggressive plan to upgrade all remaining and future aircraft to this technology. We have shared our future development plan with the combined ST Engineering team, and they are ready to meet that schedule.

 

Panasonic Avionics has over 3,600 aircraft committed to its global high throughput satellite service. Today, there are over 2,000 aircraft connected to its Ku-band network. More than 780 aircraft are currently using the Newtec modem, and the company expects to have all currently equipped aircraft upgraded to this technology by the end of 2019.

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