Polarsat to focus on Asia, ME with new company

MONTREAL: Polarsat, a new, privately-held Canadian company focused on the manufacture of satellite communications equipment, has purchased the assets and product lines of the former broadband division of NSI Global

Polarsat is involved in the Very Small Aperture Terminal segment of satellite communications. VSATs allow customers to securely communicate (via voice, data and video) with branch locations anywhere in the world. The company is targetting the emerging markets in India, China, Africa, and the Middle East.

For the recent acquisition, the firm raised $9 million from three investors active in the satellite-communications industry. It also retained key former NSI employees to ensure a smooth transition and rapid startup.

The investors are Telenor Satellite Networks which provides satellite-based communications and services, Infinium (India). and associates which provides telecommunications and VSAT services in the country. and Agilis Communication Technologies, a subsidiary of Singapore Technologies Electronics which is one of the largest electronic system houses in Asia.

Chairman of Agilis Communication Technologies Seah Moon Ming said, "Polarsat's range of communication products will augment our existing communication solutions. The resulting synergies and expanded line of products will allow us to provide customers around the world with a range of comprehensive communication solutions. This will further grow our business in satellite-based and broadband communications, covering markets in Asia, Europe and the Americas."

Besides its committment to the VSAT Plus II and FlexiDAMA product lines, Polarsat will now be able to accomplish additional research and development with this development. Analysts peg the global potential for this niche market at $350 US million a year, with a 15 per cent annual growth. Polarsat is aiming to be a major player in the VSAT market.

Latest Reads
FOODFOOD announces veeba cook off powered by Daawat Basmati Rice and Tata Sampann

Cooking doesn’t get tougher than this! FOODFOOD Pro an initiative of FOODFOOD, India's premier 24x7 Food and Lifestyle channel is proud to announce an intense and exciting eleven - episode series, VEEBA COOK-OFF, a challenge, that is purely ‘By the Professionals and For the Professionals'. This...

Television TV Channels Factual & Documentary
Celebrate Republic Day with megastar league on Sony Max 2

MUMBAI: On Republic Day get ready for an all day long movie marathon with India’s iconic Hindi movie channel from Sony Pictures Networks, SONY MAX 2. Binge-watch the movies of some of Bollywood’s megastars throughout the day on 26th January with SONY MAX 2’s Megastar League. 

Television TV Channels Movie Channels
2017 blockbuster hit 'Golmaal Again' will make its television premiere on star gold this friday

Star Gold is kicking off the year with the World Television Premiere of one of the most succesful films of 2017, Golmaal Again, that raked in over 200 crores at the box office and set it on fire with its unmatched gags and action. The film that left audiences in splits of laughter and many ‘...

Television TV Channels Movie Channels
BBC Worldwide India announces partnership with Applause Entertainment

BBC Worldwide India has announced a partnership with Aditya Birla Group’s Applause Entertainment that will see the two organisations working together to develop and produce Indian versions of iconic BBC formats.

Television Production House Non-Fiction
Bring in Republic Day with the award-winning political comedy VEEP on Star World

Our 68th Republic Day is just around the corner and considering the political scenario in our country and globally, Star World has lined-up a marathon of a show that is not only entertaining but also takes a satirical view into what goes on behind-the-scenes in government policy-making and...

Television TV Channels English Entertainment
ZEEL president - Legal & Regulatory Affairs, Mr. Avnindra Mohan conferred prestigious "CA Distinguished Achiever - 2017" Award by ICAI

Mr. Avnindra Mohan, President – Legal & Regulatory Affairs, Zee Entertainment Enterprises Ltd has been selected as the winner of the prestigious award in the category “CA Distinguished Achiever-2017” for exceptional performances and achievements by the Institute of Chartered Accountants of...

Television TV Channels GECs
Discovery India ties-up with Reliance Animation to produce kids IP

Discovery Communications India has commissioned Reliance Animation to produce a new disruptive Indian original content series Little Singham, an animation series inspired by the movie Singham. Targeted at kids in the age-group 4-8 years old, Little Singham will make its debut on television in...

Television TV Channels Kids
Star Sports EVP and marketing head Shubhranshu singh quits

MUMBAI: Star Sports Executive Vice President and Head Marketing Shubhranshu Singh has quit the company after a four-year stint.

Television TV Channels Sports
Discovery bags nine sponsors for Battle Ops

Battle Ops, Discovery Communications India’s (DCIN) integrated television and digital offering, has received a resounding response from the advertiser community. The show, which will premiere on Discovery Channel and Veer on 26th January, has already sold out with nine sponsors on board.

Television TV Channels Specialised and Niche

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories