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O3b Networks and Kymeta Corporation Sign an Agreement to Develop Flat Panel Satellite Antenna for Ultra-Fast and Affordable

  O3b Networks and Kymeta Corporation Sign an Agreement to Develop Flat Panel
  Satellite Antenna for Ultra-Fast and Affordable Broadband Services Around
  the World

  Fiber-like Internet connectivity speeds with low cost, thin and flat panel
satellite antennas set to enable a range of new markets and broadband coverage

Business Wire

ST. HELIER, Jersey, Channel Islands & REDMOND, Wash. -- September 5, 2013

O3b Networks - which is launching its next-generation satellite constellation
for satellite services with fiber-like speeds - and Kymeta Corporation - the
company commercializing innovative software-enabled metamaterials-based
electronic beamforming antennas for satellite communications - announced an
agreement today to develop flat panel satellite antennas for the O3b network.
The flat, thin, light and low cost antennas and terminals developed by Kymeta
in combination with O3b Networks high speed, low latency and low cost Internet
services are expected to open a wide range of new markets worldwide.

The two companies will jointly develop the unique satellite tracking antennas
and terminals to be optimized for the fast and affordable satellite services
that O3b will be offering. The agreement will result in a prototype by the end
of 2014, at which point a range of antenna and terminal products with various
form factors will be announced by the two companies.

Steve Collar, CEO of O3b Networks said, “At O3b, we are striving to bring the
benefits of affordable, low latency bandwidth to a growing number of people
around the world and to delivering an ever expanding set of
applications.Kymeta’s flat, light, low cost and low maintenance antennas
promise to provide O3b customers an extremely powerful, high-performance
solution at a very attractive price. Kymeta antennas will have utility across
all our market segments and we are excited to be partnering together to
develop this highly innovative and game changing technology.”

“We are excited to expand our strategic relationship with O3b,” said Bob
McCambridge, President and COO of Kymeta. “O3b’s network with fiber-like
speeds is a natural fit for Kymeta antennas that electronically acquire and
track non-geostationary satellites. The O3b network architecture is a perfect
fit for Kymeta’s unique technology and capabilities.”

About O3b Networks Limited

O3b Networks Limited is a global satellite service provider building a
next-generation satellite network for telecommunications operators, Internet
service providers, enterprise and government customers in emerging markets.
The O3b system will combine the global reach of satellite with the speed of a
fiber‐optic network providing billions of consumers and businesses in nearly
180 countries with low‐cost, high‐speed, low latency Internet and mobile
connectivity. O3b Networks’ investors include SES, Google, Liberty Global,
HSBC Principal Investments, Northbridge Venture Partners, Allen & Company,
Development Bank of Southern Africa, Sofina, Satya Capital and Luxempart. O3b
Networks is headquartered in St. Helier, Jersey, Channel Islands.

About Kymeta Corporation

Kymeta Corporation is commercializing a new, innovative metamaterials-based
antenna for satellite communications. Kymeta has been named by MIT Technology
Review as well as CNBC as one of 2013’s 50 most disruptive companies as part
of their annual list of the world’s most innovative technology companies. The
Company is based in Redmond, Washington and operates on a worldwide basis. For
more information, please visit www.kymetacorp.com.

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Contact:

Media contact for O3b Networks:
Brunswick PR
Marleen Geerlof or Chris Buscombe, +44 (0) 20 7404 5959
O3b@brunswickgroup.com
or
Media contact for Kymeta Corporation:
Senior Director of Marketing
Håkan Olsson, +1-425-896-3700
PR@kymetacorp.com
www.kymetacorp.com
 
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