Joint Venture Expands Global Telesat's
Portfolio of Satellite-Based Connectivity Solutions with Starlink's
Low Earth Orbit (LEO) Network
COCONUT GROVE,
Fla., May 20, 2024 /PRNewswire/ -- NextPlat
Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global
e-Commerce provider, today announced that its subsidiary, Global
Telesat Communications Ltd ("GTC"), through a new joint venture
agreement with Pivotel Solutions Inc. (dba Pulsar) is now a global
authorized reseller of SpaceX's Starlink satellite-based
connectivity products. Starlink is the latest addition to GTC's
growing list of tier-one Low Earth Orbit ("LEO") networks, enabling
it to provide its consumer, enterprise, and government customers
with a greater array of innovative satcom connectivity
solutions.
Through the joint venture agreement with Pulsar,
as an approved reseller, GTC will immediately begin offering
Starlink connectivity services in the UK and other international
markets serving mobile and maritime-based customers. Pulsar will
provide back-end systems support services to GTC on behalf of its
new Starlink customers.
"We are pleased to collaborate with Pulsar to
begin offering SpaceX's revolutionary Starlink, LEO-satellite based
connectivity products to customers, joining a very select group of
premier partners. Starlink's unique capabilities and performance
makes it an ideal connectivity solution for a wide array of
applications, especially in remote outdoor locations or on the
seas," said David Phipps, President
of NextPlat and CEO of Global Operations, and Managing Director of
Global Telesat Communications.
"GTC has established itself as a leading global
provider of voice and data connectivity solutions from many of top
providers in the satcom market. We look forward to supporting GTC
as they bring the unique connectivity of SpaceX's Starlink to their
large base of global customers," added Robert Sakker, President and CEO of Pulsar
International.
For more information about NextPlat, please visit
www.NextPlat.com and connect with us on Facebook and X.
About NextPlat Corp
NextPlat is a
global e-commerce platform company created to capitalize on
multiple high-growth sectors and markets including technology and
healthcare. Through acquisitions, joint ventures and
collaborations, the Company intends to assist businesses in selling
their goods online, domestically, and internationally, allowing
customers and partners to optimize their e-commerce presence and
revenue. NextPlat currently operates an e-commerce communications
division offering voice, data, tracking, and IoT products and
services worldwide and pharmacy and healthcare data management
services in the United States
through its subsidiary, Progressive Care Inc. (OTCQB: RXMD).
About Pulsar International
Pulsar
International ('Pulsar') is a leading provider of satellite
communications products and services, offering voice, data, and IoT
solutions to customers in the commercial maritime, agri-tech,
enterprise, and government markets. Pulsar operates across the
globe, with offices located in North
America, Latin America,
Europe, and Asia. Its headquarters is located in
Hollywood, FL USA.
Forward-Looking Statements
Certain
statements in this release constitute forward-looking statements.
These statements include the capabilities and success of the
Company's business and any of its products, services or solutions.
The words "believe," "forecast," "project," "intend," "expect,"
"plan," "should," "would," and similar expressions and all
statements, which are not historical facts, are intended to
identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors, including the Company's ability to
launch additional e-commerce platforms, sell new satellite
connectivity products and services, and its ability to grow and
expand as intended, any of which could cause the Company to not
achieve some or all of its goals or the Company's previously
reported actual results, performance (finance or operating),
including those expressed or implied by such forward-looking
statements. More detailed information about the Company and the
risk factors that may affect the realization of forward-looking
statements is set forth in the Company's filings with the
Securities and Exchange Commission (the "SEC"), copies of which may
be obtained from the SEC's website at www.sec.gov. The Company
assumes no, and hereby disclaims any, obligation to update the
forward-looking statements contained in this press
release.
Media and Investor Contact for NextPlat
Corp:
Michael
Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net
Media Contact for Pulsar
International:
John Dark
925-788-6365
john.dark@pulsarbeyond.com
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SOURCE NextPlat Corp.