Ovzon Expands Reach Through Agreement with Intelsat
Faster speeds and higher throughput to ultra-small terminals provide ground-breaking solution for mission-critical communication needs of remote users
Intelsat and Ovzon have entered into a multi-year agreement whereby Intelsat will provide service to Ovzon via two powerful steerable beams on Intelsat’s planned new satellite, Intelsat 39, expected to launch in the third quarter of 2019. Intelsat 39 will provide services for network, video distribution and government customers in Africa, Europe, the Middle East and Asia.
The Intelsat-enabled service will add to Ovzon’s existing capacity, thereby expanding coverage for Ovzon’s customers. Combining the power, resiliency, and flexibility of Intelsat 39 with Ovzon’s managed service and ultra-small laptop-sized terminals will provide up to 5 times the throughput capability to small teams conducting disaster response, intelligence gathering, and other operations, delivering mission-critial information at the tactical edge. Such capabilities have traditionally required 2.4 meter or larger terminals.
“This agreement plays an important role in enabling Ovzon to serve customers with global requirements for high-bandwidth services. It also strengthens our partnership with Intelsat to the benefit of both companies,” said Per Wahlberg, CEO of Ovzon.
“The combination of Ovzon’s high-speed service to ultra-small terminals, Intelsat’s innovative steerable beam technology and the global coverage provided by the Intelsat fleet creates a powerful innovation in connectivity. Our partnership with Ovzon is an important step toward empowering remote users with the communications innovations they need,” added Samer Halawi, Chief Commercial Officer of Intelsat.
This information is inside information that Ovzon is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 08.30 CET on April 10, 2019.
For further information, please contact:
Per Wahlberg, CEO
Tel: +46 8 508 600 60
E-mail: media@ovzon.com
Intelsat Contact :
Michele Loguidice
Director, Corporate Communications
Tel +1-703-559-7372
Michele.loguidice@intelsat.com
ABOUT OVZON
Ovzon offers a revolutionary mobile broadband service via satellite. By combining high bandwidth with highly mobile terminals – service offerings provide speeds up to 80 times faster than competing services. Applications include real-time sensor and video upload, from moving vehicles to include ground or maritime platforms and manned or unmanned aircraft. Ovzon is headquartered in Solna, Sweden and has offices in Tampa, FL and Bethesda, MD in the United States. The share (OVZON) is traded on Nasdaq First North Premier. FNCA Sweden AB, +46(0)8-528 00 399 info@fnca.se, is the company’s Certified Adviser. Read more on www.ovzon.com.
ABOUT INTELSAT
Intelsat S.A. (NYSE: I) operates the world’s first Globalized Network, delivering high-quality, cost-effective video and broadband services anywhere in the world. Intelsat’s Globalized Network combines the world’s largest satellite backbone with terrestrial infrastructure, managed services and an open, interoperable architecture to enable customers to drive revenue and reach through a new generation of network services. Thousands of organizations serving billions of people worldwide rely on Intelsat to provide ubiquitous broadband connectivity, multi-format video broadcasting, secure satellite communications and seamless mobility services. The end result is an entirely new world, one that allows us to envision the impossible, connect without boundaries and transform the ways in which we live. For more information, visit www.intelsat.com.