Business Wire

LeoSat Appoints Peter Schrickel as Chief Financial Officer

Jaa

LeoSat Enterprises, which is launching a constellation of up to 108 low-earth-orbit communications satellites that will provide the fastest, most secure and widest coverage data network in the world, has announced that Peter Schrickel, previously Treasurer of leading satellite company SES, joins LeoSat as Chief Financial Officer. In this role, Peter will be spearhead finance for the company including securing funding, managing financial planning and coordinating investor relations.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170910005080/en/

Peter Schrickel, Chief Financial Officer, LeoSat Enterprises (Photo: Business Wire)

Peter Schrickel, Chief Financial Officer, LeoSat Enterprises (Photo: Business Wire)

Peter has more than 20 years of experience in the finance sector. Prior to serving at SES, where as SVP & Group Treasurer, he was globally responsible for enhancing SES’s capital structure, diversifying funding, and implementing a treasury roadmap, Schrickel worked for Volkswagen AG where he oversaw the financing of VW’s activities worldwide and ensured the capital structure and financing of new projects.

LeoSat believes that fast, reliable and ubiquitous data connectivity is required to enable economic growth for everyone worldwide. With an expected 30% annual growth in volume between now and 2025, the satellite data market is on the rise. LeoSat is the first company to provide worldwide coverage with extremely high speed, low latency, and a strongly secured data network that sets new standards in satellite performance. The system provides point to point data connections to and from anywhere on earth without the need for any terrestrial landings.

Mark Rigolle, CEO of LeoSat said: “Peter brings financial market expertise and broad experience in finance, having held senior positions for companies such as SES and Volkswagen and leading investment banks including Deutsche Bank, and Chemical Bank. His expertise and proven track record in managing funding for the SES acquisition of O3B is an area which is extremely relevant for a growing satellite communications company like LeoSat. Peter’s appointment strengthens the LeoSat Management Team and his contribution will be instrumental as we take our next steps in bringing this unique new solution to market.”

Peter commented: “I am excited to be joining LeoSat at this pivotal point in the company’s evolution. LeoSat’s low earth orbit constellation comes with a unique set of attributes which are already receiving significant attention from both the commercial and government sectors and I definitely see LeoSat as a game-changer in data communications, enabling new opportunities through previously unavailable levels of performance combined with true worldwide reach.”

LeoSat recently announced that SKY Perfect JSAT had entered into an agreement to invest in LeoSat to open up new markets and deliver business growth. LeoSat is currently working with Thales Alenia Space, a company with unmatched expertise in designing and manufacturing LEO satellites, to finalize the manufacturing plan, paving the way for the production and deployment of the entire constellation. ENDS

NOTE TO EDITORS

LeoSat will be at the World Satellite Business Week event in Paris from 11 th -14 th September. To arrange an interview, please contact Melanie Dickie. Email: melanie@leosat.com

About LeoSat Enterprises

LeoSat Enterprises was established to leverage the latest developments in satellite communications technologies to develop and launch a new low-earth-orbit satellite constellation which will provide the first commercially available, business grade, extremely high-speed and secure data service worldwide.

With up to 108 low-earth-orbit communications satellites in the constellation LeoSat is the first company to have all the High Throughput Satellites (HTS) in the constellation interconnected through laser links, creating an optical backbone in space which is about 1.5 times faster than terrestrial fiber backbones and without the need for any terrestrial touchpoints. This unique set of features enables LeoSat to provide instant infrastructure from anywhere to everywhere which is fast, secure and reliable.

Based in Washington DC, LeoSat is currently working with Thales Alenia Space for the low-earth-orbit constellation of Ka-band communications satellites. Once operational, the constellation will provide high-speed, low-latency and highly secure communications and bandwidth for business operations in the telecom backhaul, Energy, Maritime, Government and international business markets. Launch of the constellation is expected in 2019. www.leosat.com

Contact information

LeoSat Enterprises
Melanie Dickie, +31 6 14 22 97 62
VP Marketing & Communications, LeoSat Enterprises
Melanie.dickie@leosat.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme tältä julkaisijalta, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Logitech Delivers Strong Q2 Sales and Profit Growth24.10.2017 04:00Tiedote

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2018. Q2 sales were $634 million, up 12 percent in US dollars and 11 percent in constant currency, compared to Q2 of the prior year. Q2 GAAP operating income grew 12 percent to $60 million, compared to $53 million in the same quarter a year ago. Q2 GAAP earnings per share (EPS) grew 21 percent to $0.34, compared to $0.28 in the same quarter a year ago. Q2 non-GAAP operating income grew 12 percent to $72 million, compared to $65 million in the same quarter a year ago. Q2 non-GAAP EPS grew 14 percent to $0.40, compared to $0.35 in the same quarter a year ago. “We delivered another strong quarter of growth,” said Bracken Darrell, Logitech president and chief executive officer. “Gaming and Video

Proton OnSite Has Been Awarded a Contract for Approximately USD 1.8 Million and Assumes the Lead Role in the US Government Advanced Water Splitting Benchmarking Project24.10.2017 00:02Tiedote

Proton OnSite (Proton), a wholly owned subsidiary of Nel ASA, Oslo Norway (Nel, OSE:NEL) has been awarded a contract for approximately USD 1.8 million to participate in the US Department of Energy’s (DOE’s) Advanced Water Splitting Benchmarking Project. This is a critical piece of DOE’s HydroGEN Energy Materials Network (EMN) consortium, which was launched to accelerate the discovery and development of materials for low cost hydrogen production, enabling energy storage, resiliency and economic opportunities across sectors. Proton will work with DOE National Laboratories and lead a team to ensure that all experimental results across the water splitting research community are properly vetted, standards are set for comparison, and roadmaps are developed including research priorities and capability needs. Kathy Ayers, Proton’s Vice President of Research and Development, has been named overall project

SES Networks Works with Project Loon to Restore Connectivity in Puerto Rico23.10.2017 20:14Tiedote

SES Networks' high throughput and fibre-like satellite connectivity service, the stratospheric balloons operated by X, Alphabet’s self-described “moonshot factory”, and local telecommunications expertise are playing a key role in restoring 4G/LTE connectivity in disaster-affected Puerto Rico, SES announced today. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171023006165/en/ SES Networks Works with Project Loon to Restore Connectivity in Puerto Rico (Photo: Business Wire) The connectivity is powered by Project Loon's targeted cell coverage and SES Networks' O3b FastConnect, a rapidly deployable satellite terminal delivering fibre-like performance. Together with local technology partners, SES Networks and X are providing reliable high-performance connectivity to Puerto Ricans whose lives have been dev

Sagemcom Unveils the Next-Generation Multi-Gigabit Solutions23.10.2017 19:05Tiedote

AFTER THE SUCCESS OF ITS ONE GIGABIT GATEWAY RANGE, SAGEMCOM RELEASES TO THE OPERATORS THE NEXT GENERATION MULTI-GIGABIT GATEWAYS – VDSL 35B / G.FAST / PON, 2.5G/10G PON, DOCSIS 3.1 – INTEGRATING HIGH EFFICIENCY 802.11AX Wi-Fi, IN ADDITION TO NEW SMART HOME CONNECTIVITY SOLUTIONS INCLUDING DISTRIBUTED WI-FI, VOICE CONTROL AND HOME AUTOMATION. The VDSL 35B / G.fast / FTTH / PON universal gateway, F@st 5380, integrates G.fast 212MHz, GPON and 802.11ax Wi-Fi, enabling the operators to deliver Multi-Gigabit end-to-end services, and to meet the growing bandwidth required by the end-users. F@st 5380 benefits from the last innovations of the in-house field proven Sagemcom SWANTM software suite including big data, Wi-Fi distribution, smart diagnostics… The next generation Fiber gateways range includes two products: F@st 5688ax for 10G PON (XGS-PON

Moody’s Analytics Launches the CreditLens™ Platform23.10.2017 18:43Tiedote

Moody’s Analytics has launched the CreditLens platform, our next-generation credit origination and risk monitoring solution. This new platform offers flexibility, configurability, and efficiency to lending institutions striving to establish smarter and leaner loan origination practices. The CreditLens platform reduces time-to-decision while tapping into powerful models and insightful analytics that help lenders manage risk and drive productivity. Lenders gain efficiency from the solution’s automated spreading capability and a flexible model authoring module. They also gain deep insights from built-in Moody’s Analytics Risk Grading features and Business Insights dashboards, which provide a complete view of the lender’s credit relationships. Automation in the platform also reduces errors and preserves data lineage throughout the credit assessment and origination process.

Knopp Biosciences Announces Renewal of NIH Blueprint Grant Award for Advancing KCNQ2 Modulators in Epilepsy23.10.2017 18:11Tiedote

Knopp Biosciences LLC today announced the renewal and expansion of its grant award from the National Institutes of Health Blueprint Neurotherapeutics Network to advance novel treatments for epilepsy. The Phase 2 award under the NIH Small Business Innovation Research (SBIR) program anticipates NIH support of up to $2 million over the next three years of the project, subject to satisfactory completion of milestones. The renewal follows the successful completion of all milestones under a previously awarded Phase 1 grant of $400,000. Knopp is directing its potassium channel activator program to preclinical and clinical development of small-molecule drug candidates against a validated, anti-seizure pharmaceutical target encoded by the KCNQ2 gene. Knopp intends to advance novel, small-molecule KCNQ2 activators in neonatal epileptic encephalopathy, a rare disorder caused by inherit

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme