Inmarsat | September 17, 2022
Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced the receipt of approval of the proposed combination of their businesses by the UK Government under the National Security & Investment Act.
The Secretary of State for Business, Energy and Industrial Strategy (BEIS) has announced that the transaction does not pose a risk to the UK's national security.
In March 2022, the companies committed to economic undertakings with BEIS, which underlined their pledge to strengthen and advance the UK's National Space Strategy. The economic undertakings include an expansion in the number of highly skilled jobs in key areas and a 30% increase in overall research and development spending in the UK.
"The combination of Viasat and Inmarsat creates a leading global communications innovator with enhanced scale and scope to affordably, securely and reliably connect the world. The UK Government's clearance of Viasat's proposed acquisition of Inmarsat under the National Security and Investment Act is another important step forward on the road to closing the deal, and we would like to thank the UK Government for their close collaboration throughout the process. Viasat has been a trusted partner of the UK's defence and national security communities for more than a decade, including in the provision of its market-leading encryption products. The combined company, whose global international business headquarters will be situated in the UK, will build upon the strong UK relationships that Viasat and Inmarsat already enjoy and allow us to deepen our contribution to the UK's National Space Strategy."
-Mark Dankberg, Executive Chairman and CEO of Viasat.
Rajeev Suri, Inmarsat CEO, added: Inmarsat is proud of our decades of close work with the UK government. Today's approval brings us closer to delivering the new jobs and investment to the UK that have been committed by both Inmarsat and Viasat. Together, we will be well-positioned to compete in a robust market that has both well-funded new entrants and other industry players in the process of consolidating.
Viasat is a global communications company that believes everyone and everything in the world can be connected. For over 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea.
Inmarsat delivers world leading, innovative, advanced and exceptionally reliable global, mobile communications across the world – in the air, at sea and on land - that are enabling a new generation of commercial, government and mission-critical services. Inmarsat is powering the digitalisation of the maritime industry, making operations more efficient and safer than ever before. It is driving a new era of inflight passenger services for aviation, while ensuring that aircraft can fly with maximum efficiency and safety. Furthermore, Inmarsat is enabling the rapid expansion of the Internet of Things (IoT) and enabling the next wave of world-changing technologies that will underpin the connected society and help build a sustainable future. And now Inmarsat is developing the first-of-its-kind, multi-dimensional communications network of the future, ORCHESTRA. In November 2021, Inmarsat and Viasat announced the planned combination of the two companies, to create a new leader in global communications. The deal is scheduled to close in the second half of 2022.
EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
TELUS | September 02, 2022
Today, Tallcree Tribal Government, TELUS and the Canadian Radio-Television and Telecommunications Commission (CRTC) are celebrating the commitment to bring wireless connectivity to Tallcree First Nation in Northern Alberta for the very first time. With a wireless connection, small businesses can thrive and compete both locally and globally, families can stay connected to loved ones who live out of town, young people can stay in their hometowns longer and participate in distance education, and perhaps most critically, a wireless connection provides a lifeline to call for help in the event of an emergency. This commitment was achieved after the CRTC approved funding for TELUS to build two new cellular sites in Tallcree First Nation through the CRTC Broadband Fund. This project is currently underway and is expected to be complete by late 2024.
“We are pleased to announce to the communities of North and South Tallcree this tremendous opportunity for our people, We have been awaiting this announcement since 2019. Chief and Council and our Administration have worked in partnership with TELUS Wireless Services and the CRTC on this project for several years. This project opens up greater opportunity for our members in these communities. It brings the world to our doorstep and allows our communities to broaden their networks. We are pleased to be working with TELUS in this partnership and are extremely grateful to Brian Bettis and his team at TELUS for working so very hard on this project and extremely grateful to the CRTC for recognizing the importance of these communication tools that help our communities to remain connected. This project will provide the opportunities to our people that other communities have closer to larger centres and the Chief and Council encourage our communities to take full advantage of the services.”
-Chief Rupert Meneen of Tallcree Tribal Government.
This partnership builds upon TELUS’ commitment to bring world-class connectivity to communities across the province, providing the technological backbone for economic recovery and strength well into the future. Since 2000, TELUS has invested $220 billion nationally in network infrastructure, operations and spectrum, including more than $55 billion in technology and operations in Alberta.
“TELUS is committed to ensuring everyone can thrive in our digital world, no matter where they live, We are proud to work alongside Tallcree First Nation and the CRTC to bring wireless connectivity to Tallcree First Nation members. This is part of our ongoing commitment to enable rural and Indigenous communities across the province, equipping residents and businesses with the speeds and coverage they need to connect to the people and information that matter the most.”
-Tony Geheran, Executive Vice-President and Chief Operations Officer, TELUS.
About Tallcree First Nation:
The communities of North and South Tallcree are situated along the Highway 88 corridor; 45 km and 78 km respectively; south of Fort Vermilion, Alberta. There are approximately 500 people residing in these two communities. Leadership of this First Nation is comprised of Chief Rupert Meneen, Councilwoman Kathleen Auger, Councilman John Laboucan, Councilman Terence Meneen and Councilman David Bow-Noskiye.
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.
TELUS Health is Canada’s leader in digital health technology, improving access to health and wellness services and revolutionizing the flow of health information across the continuum of care. TELUS Agriculture provides innovative digital solutions throughout the agriculture value chain, supporting better food outcomes from improved agri-business data insights and processes. TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across high-growth industry verticals, including tech and games, communications and media and ecommerce and FinTech. TELUS and TELUS International operate in 28 countries around the world.
Driven by our determination and vision to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS, our team members and retirees to contribute more than $900 million, in cash, in-kind contributions, time and programs, and 1.8 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world. Together, let’s make the future friendly.
EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
M9 Solutions | August 04, 2022
We are excited to announce that M9 Solutions and the National Technical Information Service (NTIS) have entered into a Joint Venture Partnership (JVP) for Data Innovation Support. In response to a rigorous NTIS review and selection process, which is described in the linked Federal Register Notice, M9 Solutions was chosen as a JVP. M9 Solutions brings some of the brightest minds in data science, and now can help support any agency to implement any government data science project in partnership with NTIS
The Department of Commerce's National Technical Information Service (NTIS) accelerates results across the Federal Government by leveraging data as a strategic asset to achieve mission outcomes. As a trusted Fed-to-Fed advisor, NTIS applies its unique joint venture partnership (JVP) authority (15 U.S. Code 3704b) leveraging leading, innovative companies to help federal agencies solve their complex data challenges. NTIS efforts promote operational excellence through applied data science innovation in areas such as artificial intelligence, machine learning, predictive analytics and blockchain.
"We are thrilled to be selected as a Joint Venture Partner with NTIS. Our internal Center of Excellence (CoE) with a dedicated focus on cutting edge AI and Blockchain technologies will transform federal agencies mission operations by using data in more innovative ways."
-David Callner, M9's Chief Growth Officer.
About M9 Solutions, LLC (M9):
M9 is a Small Business dedicated to enabling data innovations to the Federal Government by mobilizing the right people, skills, clearance levels, and technologies to help organizations who desire improved performance and modern, sustainable change. M9's investment in emerging and innovative technologies provides NTIS opportunities to address a wide range of mission operations across the federal landscape. M9 has invested in-house technologies and capabilities such as our Blockchain NFT Marketplace that connects government and commercial entities in new ways of working in the Web 3.0 metaverse. M9 has been supporting over 27 agencies digital transformation advancements since 2007 with our Data Science and Analytics, DevSecOps, Cloud, Cybersecurity, and AI/ML augmented assisted services to transform the landscape into The Digital Future™.