Jun 03, 2024 16:15
HKT/SGT
- Consortium of leading Japanese businesses and banks commit to invest USD$100m in Airbus subsidiary AALTO
- Investment accelerates industrial and commercial roadmap for Zephyr, the world-leading High Altitude Platform Station (HAPS), and establishes strategic alliance for HAPS commercialisation in Asia
- Japan taking leading position in HAPS-based non-terrestrial networks (NTN), with NTT DOCOMO to take the lead in the direct-to-device connectivity sector
- NTT DOCOMO's terrestrial mobile connectivity expertise, combined with advanced earth observation solutions from Airbus Defence and Space, to create powerful group of AALTO shareholders