PR99461

DOUGLAS, Isle of Man, Jan. 16, 2023 /PRNewswire=KYODO JBN/ --

GapSat Development Group Limited ("GapSat") a BVI company providing satellite

operators with in-orbit geostationary communications satellites on an interim

basis, has acquired QBX Limited, an Isle of Man based satellite solutions and

consulting services company with a portfolio of satellite radio frequency

spectrum and intellectual property.

Satellite spectrum and associated geostationary orbit slots are a finite

resource and increasingly regarded as key strategic assets for the telecom and

data communications industry, in the same way as patents are for emerging high

technology industries. And with wireless and mobile broadband playing an

essential role in bringing high-speed, low-cost communications to the

developing and developed world, the demand for mission-critical orbit spectrum

resources is increasing and a so-called 'race for space' is emerging.

Gregg Daffner, CEO of GapSat said: "Given the rapid expansion of satellite

communications in recent years, especially for HTS and UHTS, scarcity of

spectrum has become a critical issue and satellite operators have been steadily

moving up the spectrum ladder to higher frequencies. We have seen the move from

C-band to Ku-band and to Ka-band and more recently, an interest in developing Q

and V-bands. With the acquisition of QBX providing us with high priority

orbital slot filings and patents to develop a global geostationary satellite

constellation, GapSat is now ideally placed to meet the growing demands of the

communications infrastructure sector."

The assets comprise a patent for radically new techniques to improve in-flight

safety and communications for geostationary aero-mobility services and a suite

of three ITU geostationary satellite slot filings using conveniently placed

orbital locations to provide for full global coverage/service from the

resulting geostationary constellation, using the Ka, Q/V and E/W bands for

long-term spectrum future-proofing.

With a strong background in developing existing in-orbit satellites for sale or

lease and the addition of this new portfolio of radio frequency spectrum and

intellectual property, GapSat is currently seeking potential partners that

could be existing satellite fleet operators, aero systems integrators, aero

instrumentation manufacturers or financial investors, to develop the assets for

data services in the marine and aero mobility sectors.

Mark Posen, Managing Director and Principal Consultant at RPC

Telecommunications Ltd, commented: "These filings have good ITU priority in

parts of the geostationary arc where it is almost impossible to make usable new

filings. Development of innovative approaches to leverage existing satellite

spectrum is critical for satellite operators to address this increasing

scarcity and complement their existing infrastructure and reach."

Katherine Gizinski, Chief Executive Officer, ManSat Limited, commented: "We are

excited to be part of this project which we see as a unique and valuable

opportunity to develop key orbital resources with mid-ocean coverage to address

marine and aero mobility needs worldwide".

GapSat is advised by GH Partners LLC, the New York based boutique investment

banking advisory firm and by RPC Telecommunications Ltd. a UK-based satellite

regulatory engineering consultancy.

QBX is advised by ManSat Limited, the Isle of Man-based satellite spectrum

solutions and related consulting services provider.

About GapSat

GapSat, founded in 2011, provides complete in-orbit geostationary

communications satellites on an interim basis to satellite operators. The

company is located in Asia, Europe and the USA.

Contact

Gregg Daffner, CEO, GapSat

Email: gregg@gap-sat.com

Tel: +33 6 42 52 93 23

Follow GapSat on:

Website: www.gap-sat.com

LinkedIn: www.linkedin.com/company/gapsat-development-group-ltd

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Source: GapSat