SAS, Globalsat ink LatAm nano-satellite distribution deal

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(Telecompaper) Sky and Space Global (SAS) has signed a distribution agreement with Globalsat for the provision of narrow-band telecommunication services via nano-satellites. The deal establishes non-exclusive commercial terms for Globalsat to distribute, sell, market and promote SAS’ narrow-band connectivity solutions and products to customers and end-users in Latin America. In a statement, SAS said it expects to generate revenues of USD 5 million within the first two years of the agreement, based on a conservative Globalsat estimate.
Source: Industry News (syndicated from Telecompaper.com)

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