NewSat has signed a $180 million contract for capacity on its Jabiru-1 satellite.
The deal with Asian satellite operator MEASAT Satellite Systems will provide multiple transponders covering South Asia and Southeast Asia for 15 years — the lifespan of the satellite.
The deal is set to be completed over the next two weeks as the satellite's specifications are finalised. A lease agreement with MEASAT will also be executed for capacity on Jabiru-2.
NewSat is planning to launch the Jabiru-1 satellite later this year. It will be a hybrid Ku- and Ka-band satellite, which will provide coverage over Southeast Asia, the Middle East and North Africa.
It has been signing a string of deals for capacity on the satellite. Last year it signed a 10-year, US$134 million contract to provide satellite capacity to Pakistani telco 3A Technology, hot on the heels of a similar US$105 million deal with the a US carrier, and an earlier deal with the US military.