LeoSat Enterprises, founded in 2013, was a company planning to launch a constellation of low-Earth orbit (LEO) satellites. Its aim was to provide high-speed, low-latency, and secure data communication services for enterprise and government markets, utilizing laser communication technology. However, LeoSat faced funding challenges and ultimately went out of business in November 2019.
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LeoSat plans to launch 78 operational satellites and six in-orbit spares for its high-speed, secure data network.
Thales Alenia Space holds a study contract with startup LeoSat for a proposed constellation of 84 broadband satellites.
LeoSat is designing its constellation with European manufacturer Thales Alenia Space, which is positioned to build the system once LeoSat signs a firm contract.
LeoSat’s constellation is anticipated to launch in 2021.
Hispasat’s investment in LeoSat does not replace any geostationary satellites, and Hispasat intends to replace all of its GEO satellites as they retire.
Hispasat invested in LeoSat in July 2017.
After Sky Perfect JSAT’s May 2017 investment, LeoSat canceled plans for two demo satellites because the companies vetted the inter-satellite-link technology on the ground.
LeoSat plans to sell services in increments of 100 Mbps.
Thales Alenia Space is working closely with LeoSat on designing the satellites despite lacking a firm manufacturing contract.
LeoSat completed meaningful ground-based validation of onboard processors and inter-satellite links with Thales Alenia Space and Sky Perfect Jsat.
LeoSat intends to raise $1,200,000,000 in equity and borrow $2,400,000,000 in debt to finance its constellation.
LeoSat’s full constellation is estimated to cost $3,600,000,000.
LeoSat considers Kymeta’s antenna throughputs too low for LeoSat’s planned 100 Mbps increment services.
LeoSat abandoned plans to launch two demonstration satellites after completing ground-based tech validation with Thales Alenia Space and Sky Perfect Jsat.
LeoSat holds $1,000,000,000 in soft commitments from customers contingent on the constellation’s success.
LeoSat projects launches to occur in 2021 and 2022.
LeoSat is working to complete a $100,000,000 Series A funding round.
LeoSat’s proposed 84-satellite constellation features inter-satellite links.
Sky Perfect JSAT invested in megaconstellation startup LeoSat since 2015.
LeoSat’s constellation design uses inter-satellite links for low-latency broadband but will likely require a gateway station in China to access the Chinese market.