e& and E-Space, a global space company dedicated to connecting Earth and space with the world's most sustainable Low Earth Orbit (LEO) network, announced to develop advanced global IoT, Smart-IoT, and digital transformation solutions.
The collaboration aims to maximise end-user value from borderless smart connectivity and digital solutions in land, sea, and sky applications. The collaboration will centre on the innovative creation of cloud-native digital and IoT solutions enhanced with edge-based Artificial Intelligence (edge AI). The two organisations will create powerful new business models to elevate the IoT and digital transformation agendas of governments and large-scale enterprises worldwide by leveraging eterrestrial &'s infrastructure and E-advanced Space's space system, including its global LEO constellation and unique device capabilities.
Mikhail Gerchuk, Chief Executive Officer, e& international, said: "Telecommunications and space technology have a natural synergy, offering enormous opportunities for telco companies to expand their reach and capabilities. From satellite internet to space-based sensors, at e& we see the potential to revolutionise the way we connect, communicate and gather data from space.
We will provide a multi-technology platform that will enable our customers to embrace a digital-first lifestyle more efficiently, leveraging our advanced infrastructure and E-next-generation Space's space system, which will be optimised with edge AI. We are confident that we can use our combined expertise to create seamless global digital IoT experiences that will assist our customers in moving forward with their digital transformation plans."
The partnership is expected to enable e& customer data to connect directly to private data centres without interference from commercial traffic by utilising peer-to-peer space-based communications to address global security and data protection policies and regulations. Both parties will collaborate to develop IoT and digital solutions based on AI at the edge and everywhere in between to enable system-wide intelligent decisions and automated actions that go beyond traditional IoT.
Greg Wyler, Chief Executive Officer, E-Space added: "There are tremendous opportunities in the terrestrial domain that can be amplified with the use of newer generation space systems coupled with edge AI. We're bringing real-time information with advanced automation to create entirely new suites of global capabilities to advance humanity, improve the planet and automate business processes for greater operational scale and efficiency with reduced costs. We are excited to work with e& to advance their digital transformation journey and augment the customer experience. Together, we can speed the time required to build a smarter, more connected planet, anywhere and anytime."
The collaboration also includes the joint development of global IoT use cases, which have the potential to generate new revenue streams, particularly in global tracking and agriculture, through the use of an optimised satellite ecosystem. The portfolio of IoT and digital products can be expanded further to enable products to operate in land, sea, and air environments, at any time and at any location, at speeds ranging from kilobits per second (Kbps) to megabits per second (MBPS) (Mbps).
E-Space intends to provide the most sustainable and cost-effective satellite-based system in the digital and IoT ecosystem, with coverage available everywhere to support continuous, global real-time data services. The Company estimates that it can deliver an overall system and terminal cost reduction of more than 90% when compared to second generation LEO networks*, allowing more governments, businesses, communities, and individuals to access the power of space to achieve more on Earth.
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