Thuraya Taps Cobham SATCOM for a New Mobile Broadband Partnership
Thuraya, a Yahsat subsidiary, has linked up with Cobham SATCOM for a partnership deal that will provide Thuraya with a range of next-generation broadband products for land, aeronautical and maritime users. The agreement, announced early Monday morning, appoints Cobham as a main distributor, on a non-exclusive basis, for Thuraya Next Generation Broadband Products (NGBP) for a minimum term of five years.
The term of the deal begins with the the commencement of commercial operations on Thuraya 4-NGS, following its expected launch in the second half of 2023. The two companies said the agreement should generate more than $80 million of potential service revenue to Thuraya.
“We are very pleased to have signed this agreement with our partner, Cobham who is deeply committed to the success of the Thuraya 4-NGS program. This partnership enables us to leverage the unique capabilities and expertise of Cobham thereby augmenting the shared value we can deliver together to distribution partners and to end customers,” Ali Al Hashemi, CEO of Yahsat, said in a statement.