SAN FRANCISCO — Supernet Ltd., the Pakistani corporate-data network service provider, announced plans Sept. 12 to establish a strategic partnership with LeoSat Enterprises, a Washington-based startup planning to launch a constellation of 78 to 108 communications satellites into low Earth orbit to offer secure, high-speed connections for businesses and government agencies.
LeoSat plans to provide Supernet with more than three gigabits of capacity on the global communications network it is developing, which is comprised of satellites built by Thales Alenia Space of France and Italy based on the firm’s EliteBus flown by Iridium Communications on its Iridium Next constellation and O3B Networks first-generation constellation.
LeoSat raised $11.5 million in a seed investment round that included an undisclosed amount from Japanese satellite operator Sky Perfect JSAT. LeoSat plans to raise $100 million in a Series A round, which JSAT will anchor with “a significant stake,” LeoSat chief executive Mark Rigolle told SpaceNews.
In total, LeoSat plans to raise $3.75 billion with $2.5 billion coming from the French investment bank BPIfrance to establish what Rigolle calls “a true data network in space.”
“Instead of thinking about a constellation of satellites, think about a constellation of routers in space which happen to be ...