SatLease Capital today announced it has joined the Inmarsat Application and Solution Provider (ASP) Programme, an ecosystem for providers of software, hardware and solutions, and original equipment manufacturers (OEMs) in commercial land markets. As an ASP member, SatLease Capital will gain access to Inmarsat’s global L-band satellite connectivity network, ELERA, and worldwide reach to scale its solutions into new sectors and geographies.
The first independent LeaseTech, SatLease Capital offers satellite-as-a-service financing to the service provider community. It enables end-users to simplify the cost and process of using the latest satellite telecommunications solutions by making fixed, regular payments instead of having to capitalise a large equipment purchase upfront.
In removing the barrier of capex funding requirements, SatLease Capital is democratising access to satellite communications. Leasing maritime and land satellite equipment, hubs, modems and network management enables service providers to achieve faster business growth while delivering more cost-effective solutions to their customers than ever before. Significantly, SatLease Capital’s leasing agreements ensure customers don’t miss out on features and efficiencies as technology advances.
Commenting on SatLease Capital’s membership in the ASP, Mike Carter, President, Enterprise at Inmarsat, said: “Inmarsat is pleased to welcome SatLease Capital to our ASP programme and to be working with them to support their ambitious growth plans. Innovative solution providers like SatLease Capital are enabling industries to use leading-edge technology to respond to some of the biggest global challenges. Inmarsat stands ready to support their journey through the provision of reliable connectivity through our industry-leading ELERA narrowband network, as well as go-to-market alignment and support.”
Sebastian Wittgenstein, Chief Executive Officer, SatLease Capital comments: “The high upfront capital cost of financing equipment is a major inhibitor of growth for service providers in the satellite telecom industry. That’s because their clients often struggle to make large hardware investments to access the latest in satcom technology. Our leasing arrangements make acquiring that technology simple and affordable. We’re thrilled to join Inmarsat’s ASP programme because we have reached the stage of our growth, where we need a trusted partner to help us scale across our business in the agricultural, mining, utilities and rail industries.”
The Inmarsat ASP Programme is open to new entrants, disruptors, and established brands of any size who have developed an innovative digital product or service but may need additional support to exploit the benefits of satellite-enabled IoT solutions. Inmarsat provides dedicated technical guidance on how to integrate and support its highly-reliable satellite services, go-to-market strategy planning and exposure to the Inmarsat distribution channel to enable access to new markets.
Providers working across a diverse range of industries, including agriculture, aid and NGO, energy, exploration and leisure, media, mining, transport and utilities, as well as agnostic technology providers will be considered for membership.
Companies operating in locations and regions without reliable connectivity, or which have mission-critical connectivity needs, use the Inmarsat ASP programme to access a broad choice of satellite-enabled Internet of Things (IoT) solutions developed by a range of providers that enhance the efficiency, safety and sustainability of their businesses. BCS Bureau