LeoSat strikes deal with Supernet, appoints new CFO
13 September 2017 | James Pearce
Low orbit satellite communications provider LeoSat Enterprises has struck a strategic agreement with Pakistan’s Supernet, whilst also naming Peter Schrickel as its new chief financial officer.
LeoSat, which is launching a constellation of up to 108 new low-earth-orbit communications satellites, will provide Supernet with over 3Gbps of capacity on its low earth orbit network infrastructure.
Supernet, a Pakistani satellite network service provider, specialises in providing end-to-end GSM backhaul networks to operators and enterprises.
Shams Arfeen, CEO of Supernet said “Leosat represents the next major step in the evolution of satellite communications networks. With access to LeoSat’s innovative infrastructure, customers across a wide array of verticals will be able to use a game-changing service which redefines satellite connectivity in terms of capacity, latency, security, efficiency and coverage.”
LeoSat is currently working with Thales Alenia Space to finalize the manufacturing plan, paving the way for the production and deployment of its entire constellation, as the market for low orbit satellites is set to boom.
LeoSat’s chief commercial officer Ronald van der Breggen said: “We are delighted that Supernet, an established and highly respected provider of communications services has chosen LeoSat to take its infrastructure to the next level, ensuring its leading position in the data communications industry of Pakistan and South Asia.
"The LeoSat constellation offers a completely new dimension in terms of connectivity and we are already seeing a high level of interest from a number of key markets such as, enterprise, finance, government and energy.”
The company has also named former SES man Schrickel as its new CFO, a role which will see him spearhead the company’s efforts to secure funding, as well as manging financical planning and coordinating investor relations.
Schrickel joins from leading satellite firm SES, where he was treasurer, and brings more than 20 years of experience to the role. He has also held senior finance positions at car-maker Volkswagen.
Schrickel commented: “I am excited to be joining LeoSat at this pivotal point in the company’s evolution. LeoSat’s low earth orbit constellation comes with a unique set of attributes which are already receiving significant attention from both the commercial and government sectors and I definitely see LeoSat as a game-changer in data communications, enabling new opportunities through previously unavailable levels of performance combined with true worldwide reach.”
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