GEORGE TOWN, Cayman Islands–(BUSINESS WIRE)–Global-IP Cayman, the innovative satellite communications company with the mission to bring cost-effective Internet and related value-added services to Sub-Saharan Africa, announced today it has signed a launch services agreement with Space Exploration Technologies Corp. (“SpaceX”) for its first communication satellite GiSAT-1. GiSAT-1 is a High-Throughput Satellite (“HTS”) with 150 Gbps of capacity, currently under construction by The Boeing Company.
SpaceX’s Falcon 9 rocket will launch GiSAT-1. The deployment is scheduled for Q4 2018 and will launch GiSAT-1 into its trajectory for geostationary orbit off the west coast of Africa. GiSAT-1 will have a mission life of 15 years.
Emil Youssefzadeh, co-founder of Global-IP, said, “Our agreement with SpaceX marks the completion of another major milestone towards getting our innovative service platform operational to serve a growing market with lagging Internet penetration.”
“We are pleased to partner with Global-IP for this important mission,” said Gwynne Shotwell, President and COO, SpaceX. “Once fully deployed, this satellite will expand Internet services across Sub-Saharan Africa, benefiting both consumers and businesses.”Posted on