KT SAT suggests establishing a "LEO Alliance" to regional satellite operators
KT SAT completed the design of its LEO constellation and submitted ITU filings, aiming to enter the LEO satellite business. The CEO, Kyungmin David Song, proposed an alliance among regional operators to enhance competitiveness against global giants like SpaceX and Amazon during the World Satellite Business Week 2021 in Paris. KT SAT highlighted its Hybrid solution, developed in-house, which offers stable network connectivity across various satellite and terrestrial networks. This solution plays a crucial role as multi-orbit satellites become more prevalent in the industry.
- Completion of LEO constellation design and ITU filings.
- Proposal for regional operators alliance to enhance competitiveness.
- Launch of Hybrid solution for seamless network integration.
- Intense competition from major global players like SpaceX and Amazon.
- Existing technology challenges in LEO satellite operations.
- KT SAT has finished LEO constellation design and submission of ITU filings for LEO business
- In order for KT SAT to enter LEO business, it suggests an alliance between regional operators
- Spotlight on KT SAT Hybrid solution developed by KT Group with its in-house technology
SEOUL, South Korea, Dec. 16, 2021 /PRNewswire/ -- KT SAT(www.ktsat.com) announced that it suggested establishing an alliance for LEO business to regional satellite operators at the World Satellite Business Week 2021 hosted by Euroconsult which is held in Paris, France with
KT SAT CEO Kyungmin David Song attended as a panelist in the panel discussion by online with its topic of "How regional operators can adapt and differentiate in this increasingly competitive market environment?". He drew audiences' attention as he shared KT SAT's vision for LEO business with creating a global alliance. Four panelists attended the discussion including Song, C-level executives from Hispasat(Spain), Turksat(Turkey) and Yahsat(Arab Emirates) respectively.
"KT SAT will engage in not only HTS satellite but also LEO business in order to occupy sufficient satellite capacity which is basic condition of competitiveness in satellite business.", Song said. He also insisted that regional operators should survive from competitive threat of LEO through an alliance. Considering profitability and time to market, He said regional operators have to prepare diverse service portfolios by offering multi-orbit satellite connectivity which helps them to compete with global players like SpaceX, Amazon. In earlier times, KT SAT has already finished LEO constellation design and submitted ITU filings for LEO constellation to cope with market challenges.
Fierce competition in satellite market is currently expected as many operators participate in LEO business including World top IT companies. LEO satellite features its High through-put and low latency as its strong points compared to traditional GEO satellite. But still, it contains technology issues which have to be solved like gateways, ISL(Inter Satellite Link) and so on.
KT SAT also introduced its Hybrid solution developed by KT group with its in-house technology. Hybrid solution provides stable network connections and true seamlessness without any glitch. Moreover, the solution can be applied to any type of satellite and terrestrial network such as LEO, GEO, mobile network and etc. As multi-orbit satellites keep emerging, Hybrid solution is considered as a key for service providers to integrate diverse networks as a whole.
SOURCE KT SAT
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