ST Engineering injects $13.57m in UK joint venture
The JV company will deliver enhanced in-flight connectivity for commercial aviation.
ST Engineering Electronics has finished the set-up for joint venture (JV) company Jet-Talk Limited with SatixFy UK. ST Engineering pumped up $13.57m (US$10m) which is 49% of Jet-Talk’s capital, an announcement revealed.
Based in the United Kingdom, Jet-Talk will set up a state-of-the-art satellite antenna system which will deliver enhanced in-flight connectivity for commercial aviation. ST Engineering initially announced about the JV company in February.
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SatixFy UK provides baseband modem and antenna. It is also into designing advanced satellite payloads with onboard processing, multi-beams and beam hopping, and indoor/outdoor very-small-aperture terminal (VSATs) systems.