Sky Perfect JSat invests in LeoSat B2B broadband constellation

by Peter B. de Selding

LeoSat Chief Executive Mark Rigolle said the investment from Sky Perfect JSat, a large geostationary telecommunications satellite fleet operator, should unblock funding to complete LeoSat's first round of funding. The company is looking to raise $100 million.

Credit: LeoSat

 

PARIS — Sky Perfect JSat of Japan on May 11 said it had agreed to become the anchor investor in LeoSat Enterprises, which is designing a low-orbiting constellation of satellites to deliver massive quantities of data for corporate and government customers using optical inter-satellite links.

LeoSat Chief Executive Mark Rigolle said the investment is . . .

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