Page 69 - SAMENA Trends - August 2019
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SATELLITE UPDATES SAMENA TRENDS
Arianespace Will Launch the Ovzon-3 Satellite for Ovzon
Arianespace has announced the signature innovative small geostationary satellite, performance, lead to new types of services,
of a launch services contract with Ovzon Ovzon-3 will feature multiple high- enable the use of even smaller terminals,
for the company’s first geostationary- performance steerable beams to meet expand coverage areas and increase
orbiting telecommunications satellite: challenging communication requirements. the amount of available bandwidth. As
Ovzon-3. With offices in Sweden and In addition, the proprietary on-board a result, Ovzon is to offer a revolutionary
the United States, Ovzon is dedicated to processor developed by Ovzon enables mobile broadband service via satellite
meeting the demand for increased mobile such new functionalities as single-hop that combines high bandwidth satellite
broadband connectivity in underserved communications between very small communications services with highly
regions. Ovzon-3 will have a mass at liftoff terminals, reduced latency and more mobile terminals. Ovzon selected Maxar
of approximately 1,500 kg and will be efficient use of the bandwidth. The Technologies to build the satellite, using
placed in geostationary transfer orbit by next generation Ovzon service is based Maxar’s mid-size SSL-500 spacecraft
an Ariane 5 launch vehicle in 2021 from the on complete end-to-end proprietary platform.
Guiana Space Center – Europe’s Spaceport components and patented technology.
in French Guiana (South America). As an Ovzon-3 will significantly increase service
NSR: Satellite M2M/IoT a $11.6 Billion Market Over Next Decade
NSR’s M2M and IoT via Satellite, 10th of applications driving revenue will occur new applications and offering more end
Edition (M2M/IoT10) report, forecasts as new technologies, such as Iridium to end solutions combined with analytics,”
$11.6 billion in revenues will be generated Certus, new flat panel antennas, and most stated Alan Crisp, NSR Senior Analyst
over the next 10 years. All M2M and IoT crucially small satellite constellations, and report lead author. Traditional MSS
applications will grow, with total retail enter the market. Agriculture and and VSAT satellite IoT services remain a
revenues to rise at 6.6% CAGR over the Construction market segments see the core opportunity, but small satellite IoT
coming decade, with a 14% CAGR for strongest increases driven by partnerships constellations will disrupt the market longer
in-service M2M/IoT units during this with heavy machinery makers, but other term. Lower cost satellite architectures,
same period. And, while significant segments, like Energy and Maritime, will with lower total cost of ownership for end
attention is paid to emerging IoT smallsat also contribute to the future revenue pie. users, will drive new customers to these
constellations, NSR found MSS and VSAT “Existing satcom IoT offerings will grow services. This is especially the case where
offerings continue to play a solid role in the strongly, although operators are preparing there is a pressing need for connectivity
M2M/IoT growth story. Transport & Cargo for longer term strategies with increased and the economics have not previously
has been the main M2M/IoT market driver distribution, dual-mode offerings and stacked up, or there were issues integrating
traditionally; however, a change in the mix higher bandwidth, as well as targeting existing form factors.
Privatization of AsiaSat Approved — To Become Effective in Early September
Bowenvale Limited and Asia Satellite at the Court Meeting were voted in favor hearing of the petition on August 30, 2019
Telecommunications Holdings Limited of the privatization and a majority of (Bermuda time). Assuming the Scheme is
have jointly announced that the proposal the shareholders voting in person or approved by the court, it is expected
for the privatization of AsiaSat by way by proxy on a headcount basis also that the Scheme will become effective
of a scheme of arrangement (“Scheme”) voted in favor of the privatization. on September 3, 2019, whereupon
has been approved at the Court Subject to the Scheme becoming effective. AsiaSat will become a private, wholly-
Meeting on August 23rd. Approximately The Scheme Shareholders will receive a owned subsidiary of Bowenvale and the
99.98 percent of the shares held by the cancellation price of HK$10.22 per share listing of the shares in AsiaSat on The
shareholders of the Company other than in cash. Proceeding to the next step of Stock Exchange of Hong Kong Limited
Bowenvale (the “Scheme Shareholders”) the privatization, AsiaSat will seek the will be withdrawn on September 5, 2019.
that were voted in person or by proxy sanction of the Scheme at the court
69 AUGUST 2019