(PRESS RELEASE) LONDON, 28-Jan-2022 — /EuropaWire/ — Inmarsat (LSE: ISAT), the world leader in global, mobile satellite communications, has announced a new member of its Application and Solution Provider (ASP) Programme, an ecosystem for providers of software, hardware and solutions, and original equipment manufacturers (OEMs) in commercial land markets. By joining its ASP Programme, SatLease Capital, a Swiss LeaseTech company with focus on financing the satellite telecommunication industry, will gain access to Inmarsat’s global L-band satellite connectivity network, ELERA, and worldwide reach to scale its solutions into new sectors and geographies.
The first independent LeaseTech, SatLease Capital offers satellite-as-a-service financing to the service provider community. It enables end-users to simplify the cost and process of using the latest satellite telecommunications solutions by making fixed, regular payments instead of having to capitalise a large equipment purchase upfront.
In removing the barrier of capex funding requirements, SatLease Capital is democratising access to satellite communications. Leasing maritime and land satellite equipment, hubs, modems and network management enables service providers to achieve faster business growth while delivering more cost-effective solutions to their customers than ever before. Significantly, SatLease Capital’s leasing agreements ensure customers don’t miss out on features and efficiencies as technology advances.
Commenting on SatLease Capital’s membership in the ASP, Mike Carter, President, Enterprise at Inmarsat, said: “Inmarsat is pleased to welcome SatLease Capital to our ASP programme and to be working with them to support their ambitious growth plans. Innovative solution providers like SatLease Capital are enabling industries to use leading-edge technology to respond to some of the biggest global challenges. Inmarsat stands ready to support their journey through the provision of reliable connectivity through our industry-leading ELERA narrowband network, as well as go-to-market alignment and support.”
Sebastian Wittgenstein, Chief Executive Officer, SatLease Capital comments: “The high upfront capital cost of financing equipment is a major inhibitor of growth for service providers in the satellite telecom industry. That’s because their clients often struggle to make large hardware investments to access the latest in satcom technology. Our leasing arrangements make acquiring that technology simple and affordable. We’re thrilled to join Inmarsat’s ASP programme because we have reached the stage of our growth, where we need a trusted partner to help us scale across our business in the agricultural, mining, utilities and rail industries.”
The Inmarsat ASP Programme is open to new entrants, disruptors, and established brands of any size who have developed an innovative digital product or service but may need additional support to exploit the benefits of satellite-enabled IoT solutions. Inmarsat provides dedicated technical guidance on how to integrate and support its highly-reliable satellite services, go-to-market strategy planning and exposure to the Inmarsat distribution channel to enable access to new markets.
Providers working across a diverse range of industries, including agriculture, aid and NGO, energy, exploration and leisure, media, mining, transport and utilities, as well as agnostic technology providers will be considered for membership.
Companies operating in locations and regions without reliable connectivity, or which have mission-critical connectivity needs, use the Inmarsat ASP programme to access a broad choice of satellite-enabled Internet of Things (IoT) solutions developed by a range of providers that enhance the efficiency, safety and sustainability of their businesses.
Other organisations can register or learn more about Inmarsat’s ASP Programme here.
About SatLease Capital
SatLease Capital was founded in 2021 by a group of satellite telecom industry and finance top guns with the vision of creating an all-in-one solution for maritime and land enterprise customers seeking a simpler and more efficient way to finance their satellite needs. Through a global network of partners and suppliers, the SatLease Capital squad helps end-users of satellite service providers flexibly finance new satellite equipment.
Customers who want to know more about SatLease Capital can visit: www.satleasecapital.com
Inmarsat is the world leader in global, mobile satellite communications. It owns and operates the world’s most diverse global portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band and S-band, enabling unparalleled breadth and diversity in the solutions it provides. Inmarsat’s long-established global distribution network includes not only the world’s leading channel partners but also its own strong direct retail capabilities, enabling end to end customer service assurance.
The company has an unrivalled track record of operating the world’s most reliable global mobile satellite telecommunications networks, sustaining business and mission critical safety and operational applications for more than 40 years. It is also a major driving force behind technological innovation in mobile satellite communications, sustaining its leadership through a substantial investment and a powerful network of technology and manufacturing partners.
Inmarsat operates across a diversified portfolio of sectors with the financial resources to fund its business strategy and holds leading positions in the Maritime, Government, Aviation and Enterprise satcoms markets, operating consistently as a trusted, responsive and high-quality partner to its customers across the globe.
Jonathan Sinnatt / Matthew Knowles
Corporate Communications, Inmarsat
Tel: +44 (0)788 960 5272 / +44 (0) 7725 476 507
Alex Sowden / Charlotte Kelly
Tel: +44 (0)20 7388 9988
Director of Marketing and Communications
Tel: +44 (0)7872 158548
SOURCE: Inmarsat Global Limited