Hispasat joins Sky Perfect JSat as investor in satellite B2B broadband startup LeoSat

by Peter B. de Selding

PARIS — Startup enterprise-grade broadband satellite network operator LeoSat has spent the past year circling the globe looking for a companion investor to Sky Perfect JSat of Japan, which made an initial equity investment in May 2017.

On July 10, LeoSat announced that fleet operator Hispasat of Spain would join JSat as an equal partner and investor, with an equal investment.

Industry officials had said the JSat investment was between $5 million and $6 million in cash, a figure that LeoSat Chief Executive Mark Rigolle . . .

To view the entire article, become a subscriber!

You may also like