Page 65 - SAMENA Trends - August 2019

SATELLITE UPDATES SAMENA TRENDS

Fujitsu and Qualcomm Complete 5G Data Calls in Sub-6 GHz and mmWave

Spectrum Bands

Fujitsu Limited and Qualcomm with integrated RF transceiver, RF front- rollout,” said Durga Malladi, Senior Vice
Technologies, Inc., a subsidiary of end and antenna elements. These latest President and General Manager, 4G/5G,
Qualcomm Incorporated, have achieved NV-IOT testing bi-directional data calls, Qualcomm Technologies, Inc. “These
non-standalone (NSA) 5G New Radio (NR) compliant with the 3GPP release 15 live tests deliver on the commitment of
data calls on sub-6 GHz and mmWave specifications, were completed in mid- Qualcomm Technologies and Fujitsu to
spectrum bands(1). The two parties July at Fujitsu in Japan. This achievement make 5G a commercial reality in 2019 and
successfully conducted Network-Device marks a significant milestone to build a are major milestone in driving 5G network
Vendor Interoperability Testing (NV- successful 5G end-to-end ecosystem launches around the world. We look
IOT) for NTT DOCOMO, INC., leveraging in Japan, composed of 5G network forward to continuing our collaboration
Fujitsu’s commercial 5G base station infrastructure from Fujitsu and a broad with Fujitsu, enabling 5G networks and
(gNB) products together with a mobile range of 5G user devices using Qualcomm providing consumers with transformative
smartphone form-factor test device, Technologies’ modems and RF Front- 5G experiences starting this year.”
powered by the Qualcomm Snapdragon end solutions. “These data calls bring 5G
X50 5G modem and antenna modules technology one step closer to commercial

KLEOS Space Funding to Initiate Procurement of Second Smallsats Cluster

election of the investors, and must be
redeemed 6 months from the date of issue
unless earlier converted by the holder. The
maximum number of CDIs that may be
issued on conversion of the first tranche
notes is 2.96 million euros. The investors
may elect to subscribe for the second
tranche notes which will have an aggregate
face value of equivalent 673.000 euros
and will be issued at a discount for an
aggregate issue price of 612.000 euros and
will otherwise be issued on the same terms
as the first tranche notes. The maximum
number of CDIs that may be issued on
conversion of the second tranche notes is
1,480,000 euros. The investors will also be
granted up to 917,000 euros options over
Kleos Space S.A. has entered into a government and commercial entities when CDIs with an exercise price of 0.245 euros
binding term sheet for a 1.83 million AIS (Automatic Identification System) is per CDI and a three- year exercise period.
euros debt instrument, to be issued in defeated, imagery is unclear or targets Andy Bowyer, CEO of Kleos, said that this
the form of secured convertible notes. are out of patrol range. The first scouting investment is targeted to enable the firm
The procurement of Kleos’ 2nd cluster mission is comprised of 4x smallsats built to accelerate business development and
of satellites can now commence and the by GomSpace in Denmark, each the size revenue generating activities. Additional
launch in 2020 will be booked over the of a shoebox. The first tranche convertible product development engineers will be
coming months. The second cluster will notes will have an aggregate face value recruited to strengthen the management
collect more data which in turn means of equivalent 1.35 million euros and will team to assist with the delivery of the
an improved and higher value product be issued at a discount for an aggregate company’s data products. Over the coming
for our customers. The multi-satellite issue price of 1.22 million euros. The First months, KLEOS Space will also recruit
Scouting Mission system will form the tranche notes will have an interest rate sales and sales support professionals to
foundation of a constellation that delivers of 10 percent per six-month period, may help respond to inbound sales inquiries
a global picture of hidden maritime activity, be converted into CDIs at an issue price and manage key accounts, increasing
enhancing the intelligence capability of of equivalent 0.305 euros per CDI at the orders and contracts.

65 AUGUST 2019