Prior to his Sky and Space (ASX:SAS) role, Malone held multiple director and chairman positions at both listed and unlisted companies, and currently holds board roles at a number of large companies including SpeedCast, Superloop, Diamond Cyber, Seven West Media and national broadband company NBN Co.
In 1993, Malone founded iiNet, Western Australia’s first Internet service provider, and also founded .auDA, the industry body for all .au domain names.
Malone also founded Austism West, a charity supporting families of children on the spectrum, and Diamond Cyber, a company established to provide military grade information security to the private sector.
Sky and Space Global says the appointment of Malone signals the completion of Brett Mitchell’s tenure as non-executive director at SAS.
The company said in a statement that Mitchell remains committed to the company’s growth and will remain the board’s lead corporate advisor, through his firm Chieftain Securities.
“The Board would like to thank Mr Mitchell for his key role in the financing, corporate development and growth of SAS over the past three years, for bringing the company to the ASX and for his ongoing commitment to the successes of the company,” the statement says.
Peter Wall, the incumbent chairman, will transition to the role of non-executive director.
Commenting on his appointment, Malone said: “I am delighted to join the Sky and Space team and am excited to be playing an active role in this sector. We can reach everyone, everywhere, with voice and data services There is a fantastic opportunity here to become a world renowned nano-satellite service provider.”
Sky and Space Global’s managing director and chief executive, Meir Moalem, said Malone had a lot of experience in the Australian telco sector, and his appointment would be a “big plus for Australian investors and put us on the international map as well”.
"In 2019, we will launch our constellation of 20 satellites that will give us serious global coverage. That is what this company is all about.”