💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

Eutelsat, Universal Satcom extend maritime connectivity deal

EditorEmilio Ghigini
Published 2024-02-21, 05:16 a/m
© Reuters.
ETL
-

PARIS - Eutelsat Group (Euronext Paris: ETL) (LSE:ETL), a prominent satellite communications provider, has announced the extension of its partnership with Universal Satcom, a Dubai-based satellite communication system integrator. This multi-year agreement will see Universal Satcom expand its use of Eutelsat's Geostationary ADVANCE maritime packaged solutions in the Ku-band, enhancing its services in the Middle East and North Africa (MENA) region and globally.

The collaboration between Eutelsat and Universal Satcom aims to support maritime connectivity needs, particularly for ships servicing large barges and oil rigs in the MENA region. Reema El Omari, CEO of Universal Satcom, expressed satisfaction with the extended partnership, citing the high level of service Eutelsat's solutions have enabled them to provide to their clients.

Cyril Dujardin, Co-President of Eutelsat Group’s Connectivity Business Unit, emphasized the importance of uninterrupted maritime connectivity for the oil and gas industry, which relies on vessels to transport resources worldwide. He acknowledged the trust Universal Satcom has placed in Eutelsat's service quality.

Eutelsat ADVANCE is designed to provide reliable high-speed communications necessary for managing critical data and telemetry connectivity over extensive coverage areas. ADVANCE Maritime specifically caters to the connectivity requirements of mobile users in remote areas, offering packaged and wholesale solutions for service providers targeting various maritime markets.

The Eutelsat Group, headquartered in Paris, was formed through the merger of Eutelsat and OneWeb in 2023, creating the first fully integrated GEO-LEO satellite operator. The company employs over 1,700 individuals from more than 50 countries and is committed to delivering sustainable connectivity solutions that contribute to bridging the digital divide.

This extended partnership underscores the ongoing efforts by satellite communication providers to enhance maritime connectivity services, ensuring critical sectors such as oil and gas maintain operational efficiency through reliable data transmission.

This news is based on a press release statement from Eutelsat Group.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.