EchoStar Corporation reports its subsidiary, EchoStar Global L.L.C. has acquired Helios Wire Corporation ("Helios"), a satellite-enabled IoT connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios' Australian subsidiaries Sirion Holdings Pty Ltd. and Sirion Global Pty Ltd. ("Sirion Global").

Sirion Global holds global spectrum rights for S-band Mobile Satellite Service (MSS), administered by Australia, and has been working to develop solutions for high volume asset tracking and monitoring applications by satellite.

"This acquisition advances our strategy and further lays the foundation for a global S-band solution for the future," said Anders Johnson, Chief Strategy Officer, EchoStar. "Our aim is to develop S-band technologies that will dramatically reduce the cost of satellite IoT, including machine-to-machine (M2M) communications, public protection and disaster relief (PPDR) and other end-to-end services worldwide."

Johnson continued: "Over time, EchoStar products and services will be integrated into the new global, hybrid networks that leverage multiple satellites and terrestrial technologies. This acquisition of Helios and Sirion Global positions us closer to realizing that vision."

"Helios' shareholders are pleased to have concluded the sale of Helios and the Sirion subsidiaries to EchoStar," said Raghu Das, co-founder and Chief Operating Officer, Helios. "EchoStar has a wealth of S-band experience in the United States and Europe and is the perfect operator to take this project forward and accelerate the build-out of the Sirion constellation and deployment of global IoT services."

"We are confident that the transaction will provide economic and communications benefits to Australia, Sirion's home jurisdiction, and around the world," said Peter Ruderman, co-founder of Helios. "We thank the Australia Communications and Media Authority and other Australian authorities for the support they have given Sirion over many years."

The acquisition occurred by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia).

Related Links
EchoStar
VSAT News - Suppliers, Technology And Applications

Tweet

Thanks for being here; We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor $5 Billed Once credit card or paypal		SpaceMediaNetwork Monthly Supporter $5 Billed Monthly paypal only

Orbit Expands Delivery of Dual-band Maritime Satcom Terminals for the Polish Navy
Netanya, Israel (SPX) Sep 04, 2019
Orbit Communications Systems reports that systems integrator THESTA, ordered additional dual-band OceanTRx 4 systems for the PGZ Group, the leading contractor of naval navigation, communications and combat systems in Poland, for deployment aboard the Polish Navy's Cormorant-Class Minehunter. OceanTRx 4 is a rugged and innovative stabilized dual-band maritime satcom platform. It further expands Orbit's industry-leading OceanTRx series, featuring outstanding RF performance, system availability and d ... read more