NTT, Sky Perfect JSAT to establish space communication network company
13:45 JST, May 16, 2022
Nippon Telegraph and Telephone Corp. (NTT) and Sky Perfect JSAT Corp. have announced they will establish in July a fifty-fifty joint venture that sets up communications networks in the stratosphere and beyond.
Space Compass Corp. will take on the challenge of building satellite communication networks by using optical communication technology and aims to achieve sales of about ¥100 billion in the future.
NTT and Sky Perfect formed an alliance for space-related business in May 2021. In the new venture, NTT will provide communications technology and Sky Perfect will provide space business know-how, including communications satellites.
In fiscal 2024, Space Compass will launch an optical data relay service for high-speed transmissions via a satellite. This will carry a vast amount of diverse data collected in space, such as meteorological information.
In fiscal 2025, it will launch a new mobile phone network using unmanned aircraft that will carry base stations into the stratosphere. By transmitting and receiving radio waves from high above, a communications network would become resistant to disasters on the ground.
NTT President Jun Sawada said in late April that the company hopes to expand its business into the reaches of space.
"Business" POPULAR ARTICLE
-
JR Freight Rail Yards Inspected over Data Fraud
-
JR East Eyes Freight-Only Cars for Shinkasen Trains as Japan Logistics Industry Suffers from Labor Shortage
-
JR East Employee in His 70s Earns Doctorate on Safe Train Operations; Believes Accidents Caused by Human Error Can Be Reduced
-
Companies Building Wooden Stores in Kyushu; Aim to Make Facilities More Environmentally Friendly
-
Japanese Cosmetics Firms Competing with South Korean Brands over Inexpensive Products; South Korean Brands Dominating Market Through Social Media
JN ACCESS RANKING
- Harris Widens Lead over Trump to 47%-40%, Reuters/Ipsos Poll Finds
- Japan-S. Korea Exchange Festival Held in Seoul
- Mooncake Sales in China Frosty Ahead of Fall Holidays, as Sluggish Economy and Govt Rules Take Their Toll
- Gaza Polio Vaccination Rate Likely Exceeds 90%; UNRWA Health Director Praises ‘Miraculous’ Rollout
- Typhoon Cimaron Forms South of Japan; Expected to Move Closer to Kyushu, Shikoku in Few Days