Korean satellite operator KT SAT has announced plans to become the 7th satellite operator in the world by 2025, up from its current 18th rank. To achieve this, it will focus on using latest 5G mobile services in outer space, applying quantum cryptography to satellite communication, and providing a block chain service for secure data sharing.
As two Koreas move toward peace recently, KT SAT expects to launch its satellite service in North Korea, a potential market for communications and broadcasting networks. KT Corp has created a special task force to support inter-Korean cooperation and expand exchanges in ICT following April’s landmark summit between North and South Korea.
KT SAT was established as a KT subsidiary specializing in satellite services when the Korean operator spun off its satellite business in 2012. The company launched the Koreasat-7 and 5A satellites in 2017. Koreasat-5A extended KT SAT’s coverage from the Korean peninsula to the Philippines, Indochina, the Middle East and parts of South Asia. Koreasat-7 covers the Philippines, Indonesia, Indochina and India.
For overseas expansion, KT SAT is exploring the global MVSAT market through its Koreasat-5A, whose dedicated beams for global maritime communications cover Korea’s East Sea, the South and East China seas, the Bay of Bengal and the Arabian Sea.