Sky and Space Global, a “new space” company with operations in Israel, will start deploying a constellation of 200 highly sophisticated nanosatellites over the Equatorial Belt next year to provide around-the-clock affordable voice, data, instant messaging, M2M and IoT communications in remote equatorial regions.

Founded by Meir Moalem, Meidad Pariente and Yonatan Sharma, SAS is registered in the UK and listed on the Australian Stock Exchange. The company has completed the critical design review of its Pearls satellite and will proceed with assembly and integration of the nanosatellite network.

SAS aims to bring to the equatorial region a huge range of lifesaving and other services, including search and rescue, disaster management, emergency response, security alarms and recreational tracking in addition to cellphone applications, offshore communications, smart farming, interactive TV, airplane, vessel and animal tracking, water and electric metering, grid monitoring and ATM.

The company’s core business is to operate a communications infrastructure based on nanosatellite technology and develop sophisticated software systems that will deploy, maintain orbit control and handle the communication network in space to provide global coverage.

Its first three nanosatellites, the “3 Diamonds,” were launched into space in June 2017 and the Pearls are to be launched in 2019 and 2020. Multiple binding MoU agreements signed with strategic international telecom partners are expected to be converted into commercial revenue generating agreements.