US aerospace giant Boeing has acquired a stake in a venture created by Japanese telco Softbank to develop a satellite-based disaster response communications system.
SoftBank Satellite Planning Corp was established in March 2014 to evaluate concepts for…
US aerospace giant Boeing has acquired a stake in a venture created by Japanese telco Softbank to develop a satellite-based disaster response communications system.
SoftBank Satellite Planning Corp was established in March 2014 to evaluate concepts for such a system and then propose them to Japan’s government.
“This creative partnership underscores Boeing’s long-term commitment to Japan and supports customer needs using our 50 years of proven experience in satellite technology,” said Craig Cooning, chairman of Boeing Satellite Systems International (BSSI).
“We applaud SoftBank’s commitment to enhance Japan’s disaster-response capabilities, and we stand ready to assist in making this important satellite-based technology a reality.”
Financial details and Boeing’s potential role in developing the system were not disclosed. Softbank declined to comment.
