Satcube will now serve the biggest space constellations in the race to connect the world. The company is tapping its current success providing The UN, The Red Cross (ICRC), ITV, CBS News and more, reporting on the ground in Ukraine and helping to save lives by providing critical portable communications.

In the leap from GEO to LEO satellite connectivity led by Starlink and Amazon, $47 billion was invested in 2021 to launch thousands of new LEO satellites. However, ground segment innovation experienced a meager $0.5 billion in comparison for the same period.

"While there is enormous investment in satellite and space, there is very little investment in ground infrastructure and equipment, such as portable and mobility user terminals and viable e-commerce solutions, to satisfy the rapidly evolving LEO-market," says Jakob Kallmer, founder and CEO at Satcube.

Citing a current lack of cost effective, easy to use compact terminal solutions in the LEO market as well as few terminal developments and limited scale in the GEO satellite market, Satcube’s aims to close the gap in the LEO satellite market by creating high quality, cost-efficient portable, mobility and enterprise terminals, designed, developed, and produced in Sweden.

Citing a current lack of cost effective, easy to use compact terminal solutions in the LEO market as well as few terminal developments and limited scale in the GEO satellite market, Satcube’s aims to close the gap in the LEO satellite market by creating high quality, cost-efficient portable, mobility and enterprise terminals, designed, developed, and produced in Sweden.

"Reaching the full potential of LEO satellites and broadened global connectivity will not be attainable before millions of user terminals on the ground are in operations", continues Kallmer. "A supplier that can design reliable terminals at a far better price point than today will see a market for several million devices."

About Satcube

Founded in 2007 as a consultancy company, today Satcube is a disruptive development company in the satellite communications arena. We develop game-changing terminals and services to enable high-speed broadband- anywhere, quickly, and cost-effectively. Identifying critical gaps in the satcom market, development of the Satcube Ku portable satellite terminal was initiated and in 2017, the groundbreaking terminal was released into the market. The innovative Satcube Ku is a lightweight and portable terminal created to be extremely user-friendly and easy to operate to enable organizations around the globe to access seamless satellite broadband to communicate and deliver critical services at any time. Satcube is based in Sweden with headquarters in Gothenburg and manufacturing in Karlstad. With a global network of strategic resellers Satcube can now we found worldwide with a wide range of customers. To read more about our users click the link. For more information, please visit our website at www.satcube.com and follow us on LinkedIn, Twitter and YouTube.

Contacts:

Satcube Media Contact

Leslie Johnsen

Public Relations

leslie.johnsen@satcube.com

M: +47 4145 8043

Robert Mellberg

Director, Sales and Partners

robert.mellberg@satcube.com

M: +46 (0) 707 13 74 00