Set to provide affordable communication solutions - affordable data, voice and instant messaging services to over 3 billion
people (Equatorial region)
Targets the global satellite/telcoms market through the use of very sophisticated and lower cost nano-satellite technology –
highly disruptive to the existing conventional satellite platforms
Communication services tested successfully so far include: • Text messages • Images • Voice recordings • Data store and forward • Voice calls • Inter satellite links • Remote Wi-Fi access to SAS hardware
It was made pretty clear that they were in the business to chase telecommunications contracts. Have a look at their competitors now - most contracts signed relate to asset/vehicle tracing etc etc...not text messages and phone calls. They had their target market wrong from the start. Hindsight is a wonderful thing but you have to wonder how much planning they put in to their target customers.
SAS Price at posting:
2.8¢ Sentiment: Sell Disclosure: Not Held