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AscendArc focuses on lowering the cost to Geostationary Orbit (GEO) capacity by mass-manufacturing GEO satellites with very large antennas.
AscendArc's first order was with KT SAT.
Space Leasing International signed a letter of intent to purchase two Geostationary Orbit (GEO) satellites from AscendArc at a combined value of more than $200 million.
AscendArc's design and manufacturing approach improves economics and throughput performance in GEO, delivering a competitive cost per Mbps.
AscendArc and Space Leasing International announced a wider partnership allowing all future AscendArc customers the option to lease their satellites from Space Leasing International.