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Kacific-1 first to bring affordable high throughput broadband capacity to under-served markets in South East Asia and the Pacific
Singapore – 21 February 2017 – Kacific Broadband Satellites Pte Ltd (Kacific) today announced that it has ordered its Kacific-1 satellite from The Boeing Company (Boeing) based on the 702 satellite platform. This condominium satellite will be shared with JCSAT-18, ordered by SKY Perfect JSAT Corporation.
Kacific closed a US$147 million financing round in late 2016 with a mix of equity, debt and customer prepayments which covers the purchase of the satellite, launch service, ground systems and all other project costs. To secure this funding, Kacific has signed 15 managed bandwidth wholesale agreements in 14 different countries for a total value of US$434 million.
Kacific-1 is designed to deliver uncontended broadband throughput via 57 Ka-band narrow beams, each having a capacity up to 1.25Gbps, with the highest signal power ever achieved in the region. The beams are selectively tailored to cover precise pockets of demand in a geographically dispersed footprint of 20 Pacific and South East Asian nations. Strategic positioning of the beams has enabled Kacific to sell capacity in 51 out of 57 beams so far, through take-or-pay contracts, with most beams exceeding 70 percent firm capacity bookings and several being almost saturated.
Kacific selected the Boeing 702 because it is a reliable High-Throughput Satellite platform delivering strong economics and a consistent high-quality connectivity across all service beams.
“Boeing is pleased Kacific has chosen our flight-proven scalable 702 satellite for its next-generation broadband satellite service,” said Mark Spiwak, president of Boeing Satellite Systems International. “The capability and performance of the Boeing 702 satellite will enable Kacific to meet increasing demands for connectivity in the Asia-Pacific region, reaching new and underserved markets with reliable and cost-effective satellite internet services.”
“We do pure play broadband. We focus on direct-to-premise. We precisely place capacity where it is most needed,” said Christian Patouraux, Kacific CEO. “This will yield price points that will unleash internet participation and usage. With the launch of Kacific-1, in 2019, people in areas currently lacking affordable high speed internet will be able to access online education, healthcare and public services, and grow their local economies. Delivering internet speeds over 100 Mbps on low cost, small form factor terminals, will help connect the dots of South East Asia and the Pacific to the digital world”.
Driven by its entrepreneurial culture and early sales success in Asia-Pacific, Kacific is now expanding its model to other regions with plans for follow-on satellites.
Kacific Broadband Satellites today announced its first operational service, a high-speed broadband internet connection into the rural Lambubu area on Malekula Island in Vanuatu.
The service, which is based at Lambubu Primary School, is providing a broadband internet connection at speeds of up to 17 Mbps delivered by satellite. A small VSAT terminal has been installed to receive the signal, and all villagers can now get the benefit of high speed internet connectivity. A local college was also recently connected, and several further schools and healthcare centres will be connected over the next few weeks.
The installation is the result of a joint project between the Vanuatu government, local ISP Telsat and Kacific.
“The broadband connectivity from Kacific is a major step in our work to provide universal internet access to the people of Vanuatu,” said Dalsie Baniala, head of the Telecommunications & Radiocommunications Regulator (TRR).
“The computer lab at Lambubu School will in future develop into a government service centre, providing internet and educational and health services to the wider community. This connectivity will provide previously unheard of educational opportunities for the children, as well as improving health outcomes for all villagers.”
“I am very excited to see our first service in operation,” said Christian Patouraux, CEO of Kacific.
“The immediate need in Vanuatu is education and healthcare, but beyond this, affordable broadband internet enables more effective emergency planning and disaster recovery programmes. Broadband will open up opportunities to government to provide important services to regions of Vanuatu that would otherwise be under-served. The connectivity will also create opportunities for people in rural Vanuatu to engage in e-commerce, which can subsequently increase the wealth of communities.”
Mr Patouraux says that the deployment on Vanuatu is proof of the vision that started the company back in 2013.
“We wanted to create a frugal service that uses proven technology. We’ve designed it as a nimble, easy to deploy service that can adapt to different circumstances.
“If we provide good network quality at a price that people can afford, then demand increases dramatically. We’ve had a very strong response to our service, not just from islands around the Pacific, but far beyond, from South America to Africa.”
Kacific now has over US$365 million of bandwidth in signed commitments from companies and governments in nations throughout the Pacific and south east Asia.
The service is powered using the Newtec Dialog® multiservice VSAT platform from Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, and utilises a teleport from satellite and terrestrial installation company Av-Comm to provide connectivity, hosting and uplink services.
Additional US$2.3 million will be raised from Australian tech investors
SINGAPORE 5 April 2016 — Kacific Broadband Satellites has agreed terms on funding of US$20 million from a United Kingdom-based family office with a particular focus on infrastructure investments. Arranged by Kacific’s advisor, Caniwi Capital, the placement is part of Kacific’s Series A round of capital raising, and is a major step for the company towards the financial close of its project, which will bring high speed broadband satellite services to remote and isolated areas of the Pacific and South East Asia.
The family office, which does not wish to be identified, made the decision to invest after following Kacific’s accelerating progress in signing agreements for satellite broadband provision.
Terms for a further US$2.3 million have been agreed with two Australian private investors with experience in financial markets and in developing and commercialising new IT and telecommunications technologies.
Kacific now has agreements representing over US$260 million of pre-sales contracts for its high-throughput satellite (HTS) broadband internet service with governments, ISPs and telecom operators of eleven Asia-Pacific countries, including Indonesia. It aims to provide service to markets in South East Asia, New Zealand and the Pacific with its first satellite.
Kacific founder and CEO, Christian Patouraux, said: “We are delighted with this vote of confidence from seasoned professional investors and IT and telecommunications veterans who have reviewed our business model and noted our recent accomplishments. These investments will, we believe, encourage further take-up of our service in our target markets.”