Home Business Telecommunications Sky & Space Global set for 3 Diamonds nano-satellites launch

Sky & Space Global set for 3 Diamonds nano-satellites launch

ASX-listed nano-satellite telecommunications provider Sky & Space Global is readying to launch its 3 Diamonds nano satellites with the scheduled launch set for late May.

The company (ASX:SAS) has now confirmed the launch by the Indian Space Research Organisation (ISRO) from its launch site at the Satish Dhawan Space Centre in Sriharikota, India.

Sky and Space Global’s chief executive Meir Moalem says confirmation of the launch schedule is a substantial milestone for the company and precedes the first in-flight commercial demonstration of its technology and business model.

“We are excited to have the launch window for our 3 Diamonds officially announced. We have made substantial progress in the past 12 months and with our nano-satellites constructed and now ready to launch, we would like to thank shareholders for their continued support.

“Launching the 3 Diamonds is a significant commercial milestone for our company. Following the launch and successful demonstration, we expect to be revenue generating within a few months. We will continue our work and preparations for the launch of a full constellation of up to 200 nano-satellites in orbit to achieve full coverage of the equatorial belt by 2020.”

Once launched, the nano-satellites will commence an eight-week operation of In-Orbit Tests (IOT) to validate full functionality and performance of all subsystems including communications payload.

Sky and Space Global has previously announced plans to launch up to 200 nano-satellites from mid-2018 using the LauncherOne orbital launch vehicle with Richard Branson’s Virgin Galactic.

The full constellation of satellites — to be deployed and operational by 2020 — will service equatorial countries in South and Central America, Africa and Asia, as well as airline and shipping companies in the coverage area.

Sky & Space claims the nano-satellites are about 80% cheaper than traditional satellites and are set to be used to “disrupt the telco space by enabling the provision of cheaper voice, data and instant messaging services”.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).