Editor's PickInvesting Ideas

Sy company partners with Musk’s Starlink for satellite kit distribution













STARLINK.COM

SY-LED Data Lake, Inc. has signed an agreement with Elon Musk’s Starlink for the distribution of the latter’s satellite kits, the data services and solutions company said.

“Our collaboration with Starlink has showcased the vast potential of our joint endeavors. We’re now amplifying our commitment to ensuring rapid, reliable internet connectivity worldwide,” Henry T. Sy, Jr., Data Lake chairman, said in a media release on Monday.

In a statement on Monday, Data Lake said it had executed a global retailer agreement for Starlink. 

“This partnership is transformative. Reliable internet is pivotal, and with Starlink, we’re at the forefront of this change,” said David A. Tanael, president of Data Lake.

With the agreement, Starlink kits — which include Starlink dish, modem, power supply and mounting tripod — will be available at SM Malls priced at P29,000 starting Nov. 1, Data Lake said.

Starlink is a satellite internet of Space Exploration Technologies Corp. (SpaceX). According to its website, SpaceX continues to launch satellites into orbit to bring high-speed broadband to rural and remote areas. Earlier this year, SpaceX’s Starlink deployed about 200 units across the country.

The collaboration between the two parties aims to advance internet accessibility in the country, Data Lake said.

Data Lake is a Philippine company owned by Mr. Sy. Its business is mainly engaged in data services, business intelligence modernization, data science, big data pilot-to-production, Internet of Things and mobile application development, cloud and data pipeline. — Ashley Erika O. Jose

Neil Banzuelo




Related Articles

Back to top button
Close
Close