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Friday, April 26, 2024

Thaicom to capitalise on the space economy

Satellite dishes at the Thaicom Teleport & Direct-to-Home Center in Pathum Thani.

SET-listed satellite service provider Thaicom has entered a new chapter as it won orbital slots in the January auction for geostationary satellites, explores developing businesses related to low-Earth orbit (LEO) satellites, and continues work on space tech innovation with partners.

The company plans to launch three geo-satellites, with two small satellites slated for late 2024 and a larger one in early 2027.

After 2027, the company’s annual revenue stream is expected to be 300% higher than today, according to chief executive Patompob Suwansiri.

On Jan 15, the National Broadcasting and Telecommunications Commission (NBTC) held Thailand’s first…

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