City
Epaper

South Korea's KT SAT partners Rivada Space to expand LEO satellite service

By IANS | Updated: May 29, 2024 10:45 IST

Seoul, May 29 KT SAT Co., the satellite service arm of South Korea's telecom giant KT Corp., on ...

Open in App

Seoul, May 29 KT SAT Co., the satellite service arm of South Korea's telecom giant KT Corp., on Wednesday said it has partnered with a German low Earth orbit (LEO) satellite company to strengthen its service capacity.

KT SAT signed a memorandum of understanding with Rivada Space Networks as its third partner for expanding its LEO satellite service, following its previous deals with US space firm SpaceX's Starlink and Britain's Eutelsat OneWeb, Yonhap news agency reported.

The Korean company said it plans to provide an ultra-speed satellite network to the military, government, and financial sector using Rivada's high-security inter-satellite link service.

Rivada plans to launch 600 satellites into low Earth orbit by 2028.

"KT SAT will work to take the helm of the future satellite communications market by finding prominent cooperation partners like Rivada and swiftly provide differentiated solutions as well as non-geostationary orbit satellite resources," its CEO Seo Young-soo said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsIPL 2026: Overton picks 4-18 as CSK beat DC by 23 runs, get first win of the season

NationalHimachal Government declares awardees as state guests for Himachal Day celebration programme

TennisIndia end BJK Cup campaign with win over Korea to finish third; Thailand, Indonesia advance to next round

EntertainmentKritika Kamra sends sweet birthday wishes to husband Gaurav Kapur, says "He is the party"

InternationalNetanyahu attacks Erdogan as Israel vows to continue fight against Iran​

Business Realted Stories

BusinessIndia's marine product exports reach Rs 62,408 crore in 2024-25, exporters urged to work towards Rs 1 lakh crore target

BusinessDelhi BJP chief Virendra Sachdeva welcomes draft EV policy

BusinessIndia turns crisis into opportunity by augmenting strategic petroleum reserve capacities, diversifying imports

BusinessAIDA urges Centre to roll out ethanol-based cooking nationwide to cut reliance on imported LPG

BusinessGovt raises diesel duties, hikes ATF levy with immediate effect