Skyband Selects Hughes JUPITER System to Power Digital Transformation for Enterprises and Governments Across Saudi Arabia
On June 13, 2024, Hughes Network Systems (NASDAQ: SATS) announced that Luna Space Telecommunications under Skyband Holding has purchased a JUPITER System Gateway and 1,200 Hughes JUPITER Terminals. This deal aims to upgrade Skyband's VSAT network, enabling higher speeds, broader coverage, and new mobility services across Saudi Arabia. The upgrade will allow Skyband to penetrate new markets, including government, finance, and oil and gas sectors, and introduce features like SD-WAN. This move is expected to enhance productivity and digital transformation in corporate and government sectors.
- Skyband's purchase of JUPITER System Gateway and 1,200 Terminals indicates significant investment in advanced technology.
- Upgrading to the Hughes JUPITER System enhances speeds and throughput, benefiting customers.
- Skyband's expansion into new markets like government, finance, and oil and gas sectors.
- Introduction of new mobility services and SD-WAN features.
- Potential for increased market penetration and new customer acquisition.
- Financial impact of the purchase on Skyband is not detailed, leaving ambiguity on cost-benefit.
- No specific financial figures or projections provided for investors to gauge potential returns.
- Possible risks with migration and implementation of new technology not addressed.
Insights
The adoption of the Hughes JUPITER System by Skyband illustrates a significant technological shift in satellite broadband infrastructure. The JUPITER System’s integration of software-defined satellite networking and dynamic in-route reconfiguration enhances network efficiency and flexibility. These advancements will allow Skyband to offer higher speeds and improved services to its customers, particularly in underserved regions of Saudi Arabia.
An important aspect is the introduction of the new 'system on a chip' within the JUPITER terminals, which supports higher speeds and a greater range of services. This technological upgrade means reduced latency and enhanced capacity, factors that are critical for enterprises and government initiatives aiming for digital transformation. The potential for new features like SD-WAN further underscores the system’s capability to support complex and scalable enterprise networks.
For retail investors, understanding this technological context is crucial. It indicates that Skyband is not only upgrading its current infrastructure but is also positioning itself to capture new markets and meet future demands efficiently. This strategic move can enhance the company's competitive edge and drive its growth in the highly dynamic telecommunications sector.
Skyband’s decision to utilize the Hughes JUPITER System represents a thoughtful market expansion strategy. By upgrading to a more efficient and flexible satellite network, Skyband can extend its reach into previously untapped markets like government, finance and oil and gas sectors. These sectors often require robust and reliable connectivity solutions due to their operational criticality and geographic challenges.
The new mobility offering and improved network capabilities are likely to attract new customers, increasing Skyband’s market share. Furthermore, by focusing on digital transformation initiatives, Skyband aligns with Saudi Arabia’s broader Vision 2030 objectives, which include significant investments in ICT infrastructure.
Retail investors should note that this move not only broadens Skyband’s service portfolio but also enhances its market positioning. This could result in increased revenue streams and greater customer retention, contributing positively to the company’s long-term financial health.
The industry-leading satellite ground platform will help Skyband expand into new verticals, services and applications
"Skyband has been a valued customer of Hughes for over a decade, and we're grateful they have turned to us again to upgrade their VSAT network to serve their customers better," said Vaibhav Magow, vice president, International Division, Hughes. "The Hughes JUPITER System is the de facto standard for satellite implementations worldwide. By upgrading to the latest JUPITER System technology, Skyband will be able to attract new customers and bring new capabilities to market."
Skyband provides the latest satellite network infrastructure through multiple hubs to enable the corporate and government sectors in
"We've always been able to count on Hughes to provide us with leading satellite broadband solutions," said Fouad Nasser the Chief Business Officer, Skyband. "Over that time, Hughes has been a true partner in helping us equip our customers with the connectivity they need to grow and achieve their digital transformation goals."
As the leading ground platform across the industry, the Hughes JUPITER System meets operator requirements with bandwidth and cost efficiencies. The latest JUPITER technology incorporates software-defined satellite networking and dynamic in-route reconfiguration for the highest possible efficiency. Additionally, the JUPITER terminal has a new "system on a chip," which supports higher speeds and more services.
For more information about the Hughes JUPITER System, please visit the website.
About Skyband
Luna Space Telecommunication Co. – Skyband is a member of the Skyband Holding Company and is one of the first VSAT (very small aperture terminal) service providers in the
Skyband designs, delivers, and manages customized network solutions for branch connectivity. These solutions can be point-to-point, point-to-multipoint, and multipoint-to-multipoint; GSM network and backhaul (cell-on-wheels); ATM and banking connectivity; mobile VSAT stations; business continuity planning; data center managed services (co-location hosting, network security, Cloud Service Provider, etc.), managed network services; Internet access over satellite; ERP connectivity solutions; video-conferencing; and multicast e-learning solutions.
About Hughes
Hughes Network Systems, LLC, an EchoStar (Nasdaq: SATS) company, provides broadband equipment and services; managed services featuring smart, software-defined networking; and end-to-end network operation for millions of consumers, businesses, governments, airlines, and communities worldwide. The Hughes flagship internet service, Hughesnet®, connects millions of people across the
©2024 Hughes Network Systems, LLC, an EchoStar company. Hughes and Hughesnet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC.
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SOURCE Hughes Network Systems, LLC
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