Global IP announced today that it has established its US subsidiary for the purpose of managing its engineering and technical activities in anticipation of procurement of its first satellite and launch vehicle from US manufactures.
Global-IP Cayman (‘GIP’), a privately owned company which plans to launch its first high throughput satellite (HTS) serving Sub-Sahara Africa. GIP was founded by three satellite industry veterans with seed financing from the founders. The founders, Emil Youssefzadeh, Bahram Pourmand, and Umar Javed, collectively have over 75 years of experience in development and sale of satellite systems and services in the emerging markets. GIP intends to offer services in 35 countries in sub-Sahara Africa starting in 2019.