Advanced Television

Stratospheric

Japanese Consortium invests $100m in AALTO

A consortium of Japanese businesses led by NTT Docomo and Space Compass, together with Mizuho Bank and the Development Bank of Japan, has committed to invest $100 million (€92.2m) in Airbus subsidiary AALTO, which manufactures and operates the stratospheric, solar-powered Zephyr High Altitude Platform Station (HAPS). The investment will be made through the Japanese Consortium’s […]

June 3, 2024

Stratospheric wants £130m for 5G by drone

Platforms Stratospheric(SPL), based in Cambridgeshire, UK, is working with Indonesian company PT Profesional Telekomunikasi Indonesia (Protelindo), the largest telecommunication infrastructure company in Indonesia, Protelindo which wants to use drones as flying platforms for 5G services. Protolindo has taken a financial stake in Stratospheric. SPL is looking to raise £130 million to help fund its progress. […]

February 3, 2023By Chris Forrester