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SAS Signs US$30 million 5-year Binding Contract with BeepTool
21st Dec 2017
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The Partnership will Bring Affordable Messaging and Payment Services to Key African Markets

Sky and Space Global and BeepTool signed a 5-year binding agreement with worth US$30 million. The deal is cementing our partnership and our commitment to building innovative technology solutions to help connect the unconnected in Nigeria and Africa and beyond. What a wonderful Christmas present and what a great way to end a very successful year 🙂

Highlights

• Sky and Space Global has signed a 5-year binding network contract with BeepTool, with an approximate US$30 million minimum contract value over this term

• This agreement commercially validates SAS’ nanosatellite technological capacity and delivers a critical financial contract for the next phase of the project

• The deal cements the partnership between Sky and Space Global and BeepTool and their commitment to building innovative messaging and payment solutions to help connect the unconnected throughout key African markets

• The deal further confirms the SAS business model and technological capability of their highly disruptive nanosatellite narrowband communication platform
Read more here: SAS Signs US$30 million 5-year Binding Contract with BeepTool