LeoSat
LeoSat was a satellite constellation initiative developed by a Luxembourg-based firm between 2013 and 2019, aimed at delivering high-speed broadband satellite internet services primarily to corporate and government customers prepared to invest in premium connectivity.
The project envisioned deploying a network of 78 to 108 satellites positioned in a 1400 km orbit, each with an approximate mass of 1000 kg. The design planned to utilize the Ka band frequency for downlink transmissions, with the overall budget projected at €3.0 to €3.1 billion (equivalent to US$3.5 to 3.6 billion) as of 2017.
In May 2017, LeoSat attracted investment from SKY Perfect JSAT Group, followed by funding from the Spanish satellite operator Hispasat in 2018. To preserve its ITU filing, LeoSat was required to launch a satellite by January 2021 through its collaboration with Thales Alenia Space.
However, in November 2019, LeoSat discontinued its operations after failing to obtain the necessary financial backing for this extensive endeavor. The company terminated all 13 staff members and did not succeed in launching any satellites. Several initial investors publicly disclosed their reasons for withdrawing support from the venture.
== References ==
== External links ==*Official LeoSat website