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SoftBank Corp. (TOKYO: 9434), a leading telecommunications and IT company, is dedicated to revolutionizing the industry with cutting-edge technology and innovative solutions. Partnering with Humane Inc., SoftBank is set to introduce the innovative Ai Pin device and CosmOS, an AI-driven operating system, to Japanese consumers. This strategic collaboration aims to redefine the boundaries of AI technology and enhance customer experiences through a seamless ecosystem of services.
SoftBank has successfully completed initial testing of Altaeros' ST-Flex™ autonomous aerostat at Hokkaido Spaceport, Japan. This innovative aerostat was launched on May 2, 2022, and reached an altitude of 249m while carrying SoftBank's base station system. This testing demonstrated enhanced network coverage and stability for telecommunications.
Altaeros' Aerostat Autopilot™ allows for autonomous operations without on-site crew, ensuring cost-effectiveness and reliability. The successful launch marks a significant advancement in aerial telecommunications technology.
Aryaka announced that SoftBank Corp. has chosen its SD-WAN and SASE technology for its international SD-WAN Service, SD-CORE (aryaka). This partnership aims to provide SoftBank with high-speed, stable data communications and a secure network tailored for customer needs. Key features include centralized management of networks, remote access capabilities, and a one-stop support service for maintenance. The technology utilizes Aryaka's FlexCore, enhancing SoftBank’s global data capabilities through nearly 40 strategic points of presence around the world.
Pear Therapeutics (NASDAQ: PEAR) has partnered with SoftBank Corp. to create a Japanese-language digital therapeutic addressing sleep/wake disorders, targeting a significant unmet need in Japan, where 20% of adults experience chronic sleep deprivation. This collaboration aims to leverage Pear's software-based medicines, including Somryst®, the only FDA-authorized prescription digital therapeutic for chronic insomnia in the U.S. The agreement reinforces Pear's international expansion strategy and aligns with SoftBank's digital transformation goals.
Treasure Data has raised $234 million in funding, marking the largest single funding round for a customer data platform (CDP). The investment, led by SoftBank Corp., aims to enhance CDP innovation and accelerate global growth. The rise in digital customer interactions due to the pandemic has increased demand for secure and scalable customer data solutions. Treasure Data's platform connects various data sources, allowing businesses to create a seamless customer experience while maintaining privacy compliance. Trusted by over 450 organizations, the company continues to drive significant digital transformation.
SoftBank Corp. has acquired around 200 patents from Alphabet Inc.'s Loon LLC for High Altitude Platform Stations (HAPS) following Loon's shutdown. This acquisition bolsters SoftBank and its subsidiary, HAPSMobile Inc., to approximately 500 HAPS-related patents, enhancing their intellectual property leadership in this emerging sector. The patents encompass various technologies related to HAPS operations and services. SoftBank aims to utilize this expanded patent portfolio to expedite the launch of commercial HAPS services and promote industry standardization within the HAPS Alliance.
SES has partnered with SoftBank Corp. to deliver live sports events to Japanese audiences. This collaboration aims to enhance premium sports content accessibility for corporate customers, including TV stations and video distributors. SES will utilize its global satellite and fiber network, leveraging over 300 downlink antennas, to ensure high-quality content delivery in Japan. The partnership signifies a strategic move to meet the growing demand for live sports viewing across various platforms.
SoftBank Group Corp. has announced a strategic partnership with Deutsche Telekom AG to enhance access to approximately 240 million customers in the US and Europe for its portfolio companies. Under a share swap agreement, SoftBank will receive 225 million new DT shares in exchange for approximately 45 million shares of T-Mobile US (TMUS). This deal diversifies SoftBank's telecom exposure and makes it the second-largest private shareholder in DT, while retaining a 3.3% stake in TMUS, with potential growth to 6.9% based on stock performance.