Sky and Space Global has commenced building its innovative nano-satellites and is on track to launch before June next year after clearing another key test phase. The company is seeking to create its own global satellite telecommunications network via a constellation of miniature satellites capable of providing voice, text and data services to potentially millions of remote area customers.
Burleson Energy acquisition Sky and Space Global have pre-sold 100% of the telecommunications bandwidth from their first constellation of “nano-satellites” to be launched in 2017. The company says that just 100 units should provide revenues of between $300m and $500m per annum and produce up to 1 000 000 000 minutes of voice, messaging and data air time a year.