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AERKOMM Expands Presence in Asia Through New Partnership with Eutelsat’s OneWeb LEO Services

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SILICON VALLEY, Calif., Oct. 21, 2024 /PRNewswire/ — AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM), a pioneering U.S.-based satellite communication technology company, is excited to announce the signing of a Distribution Partner Agreement (DPA) with Eutelsat Group to leverage its OneWeb Low-Earth Orbit (LEO) satellite services.  The agreement, concluded in late September 2024, grants AERKOMM Inc.’s subsidiary, AERKOMM Japan, the distribution rights for LEO connectivity services in Japan for the commercial fixed and land mobility sectors, as well as in Taiwan for the commercial land mobility market. This partnership underscores the company’s commitment to expanding its global footprint and delivering advanced satellite communication solutions across Asia.

With Eutelsat OneWeb’s LEO satellite coverage, users can benefit from superior features like low latency and high throughput compared to Geostationary Orbit (GEO) satellites. The OneWeb constellation’s 634 satellites, provide global coverage coupled with the reliability, affordability, and lightweight design of satellite user terminals, along with attractive pricing and innovative value-added services, which are expected to accelerate adoption in target markets and enhance the overall user experience.

“We are delighted to partner with Eutelsat OneWeb to extend our advanced satellite communication solutions and services across Japan and Taiwan,” said Louis Giordimaina, CEO of AERKOMM, “This collaboration marks a pivotal milestone in our growth and expansion strategy, enabling us to deliver cutting-edge multi-orbit and multi-network connectivity solutions to a broader range of customers in these key markets.”

Neha Idnani, Regional Vice President, APAC, Eutelsat OneWeb added: “We are excited to collaborate with AERKOMM to provide low latency, high-speed connectivity services across Asia. Our OneWeb LEO network is ideally positioned to deliver real-time communications and connectivity for remote and rural businesses and communities, while also supporting land mobility applications, such as connected public safety vehicles. Together, we are paving the way for a more connected future.”

With respect to the land mobility distribution rights in Japan and Taiwan, market research indicates significant global growth in the land mobility sector, particularly among “Comms on-the-Move” users such as roamers, RVers, and campers. These groups embody “work and play” lifestyles that align well with LEO satellite broadband services, providing high-speed connectivity along with user terminals that are easy to carry and convenient to use while on the move, addressing the unique demands of land-based customers.

Research by Mordor Intelligence projects that the Recreational Vehicle (RV) market will grow from USD 33.23 billion in 2024 to USD 49.18 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.15%. This growth is driven by the recovery from the COVID-19 pandemic and a notable shift in consumer preferences toward caravans over traditional hotel accommodations. Additionally, the proliferation of rental services in emerging markets and an increasing number of active campers are boosting demand for RVs. Given these trends, LEO satellite broadband communication services emerge as the optimal connectivity solution for this expanding market.

In Japan’s commercial fixed market, some metropolitan areas experience inadequate broadband coverage, while many rural and offshore areas lack service altogether, highlighting the urgent need for enhanced connectivity solutions. LEO satellite broadband services are well-positioned to effectively address these coverage gaps. Given the competitive landscape of broadband in Japan, the Company is set to provide enhanced service solutions, value-added services, and implement unique marketing and sales strategies while collaborating with potential sales channel partners to attract target users and convert existing subscribers with inadequate internet service.

For upfront technology development, “Direct to Cell” technology, which integrates satellite communication into 5G and future 6G mobile phones or user terminals, is emerging as a key trend that AERKOMM is actively pursuing. This technology enables users to connect directly to satellite networks without the need for a terrestrial base station, thus providing mobile connectivity in areas with limited or no traditional cellular coverage. Concurrently, AERKOMM is proactively developing Mesh network solutions for Non-Terrestrial Networks (NTN) and satellite networks to enhance efficient and resilient connectivity, as well as improve resource management performance.

This partnership with Eutelsat OneWeb marks a crucial step toward meeting the growing demand for reliable and resilient broadband access in various regions. By harnessing innovative satellite technology and strategic marketing initiatives, AERKOMM aims to offer diverse connectivity solutions and services for users across Japan and Taiwan while capitalizing on the unique needs emerging in expanding markets. This collaboration not only strengthens the Company’s market position but also underscores its commitment to advancing technological innovations in satellite communications, driving new revenue growth and enhancing customer experiences across multiple sectors.

AERKOMM is dedicated to investing in technology, talent, and global partnerships, positioning itself as a premier partner in the Civilian Telecommunications and Defense sectors. This strategic focus ensures a competitive edge and the delivery of exceptional value, underscoring the Company’s unwavering commitment to excellence.

Forward-Looking Statements:
This press release contains forward-looking statements regarding AERKOMM Inc. and its future operations, financial performance, and market conditions. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Factors that could impact future results include, but are not limited to, market conditions, competition, regulatory changes, and the company’s ability to execute its business strategy. Readers are cautioned not to place undue reliance on these forward-looking statements.

Media Contact: Jessica Hsu
E-mail: jessica.hsu@aerkomm.com
Tel: +1 877 742 3094
www.aerkomm.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/aerkomm-expands-presence-in-asia-through-new-partnership-with-eutelsats-oneweb-leo-services-302281746.html

SOURCE AERKOMM Inc.

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Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID

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31 minutes ago

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January 12, 2025

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.

This collaboration strengthens Sodion Energy’s ability to address the region’s rising demand for affordable, eco-friendly, and high-performance battery solutions across mobility and energy storage sectors.

“Our collaboration with UNIGRID is a game-changer,” said Dr. CC Hang, Chairman of Sodion Energy. “These next-generation sodium-ion batteries will allow us to tackle key markets, starting with lead-acid battery replacements in e-mobility and extending into large-scale renewable energy projects and grid stabilization initiatives.”

Sodium-ion batteries offer distinct advantages, including cost-efficiency, enhanced safety, and the use of abundant raw materials, making them a sustainable choice for energy storage. With fast-charging capabilities and intrinsic non-flammability, they are exceptionally suited to Southeast Asia’s tropical climate and rapidly growing energy needs.

With a strategic focus on advanced battery technologies, Sodion Energy is poised to play a key role in driving Southeast Asia’s transition to cleaner, safer, and more sustainable energy solutions.

Website: https://sodione.com

Follow us on LinkedIn: Sodion Energy

About Sodion Energy

Headquartered in Singapore, Sodion Energy is an applications engineering leader driving the commercialization of Sodium-ion batteries across Southeast Asia. SE’s sodium-ion pack solutions are tailored to meet the diverse needs of industries such as mobility and energy storage, contributing to a more sustainable future.

View original content:https://www.prnewswire.com/apac/news-releases/singapores-sodion-energy-secures-mwh-supply-of-us-developed-advanced-sodium-ion-batteries-from-unigrid-302347661.html

SOURCE UNIGRID and Sodion Energy Pte. Ltd

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AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

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2 hours ago

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January 12, 2025

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SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

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iM Global Partner mourns the passing of Philippe Uzan

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2 hours ago

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January 12, 2025

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PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

 

 

SOURCE iM Global Partner

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