Portland-based AscendArc has sold its first small geostationary communications satellite to KT Sat, South Korea’s flagship operator, securing the carrier as an anchor customer for the new GEO platform. The deal marks AscendArc’s commercial debut in GEO satcom hardware.
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AscendArc’s sale to KT Sat is its first commercial GEO contract, signalling demand for small geostationary platforms and a new entrant moving from development to revenue; KT Sat has recently been active in SATCOM upgrades (Get SAT-led SATCOM retrofit equips two ROK Navy P‑3C aircraft).
The transaction sits alongside larger operator investment and shifting architectures in the market — see increased fleet and service investment by regional operators (Sky Perfect JSAT to triple space investment over three years) and the commercial pressure from LEO services reflected in recent operator financials (KVH Q2: Starlink and OneWeb LEO revenue cushions fall in legacy GEO VSAT maritime business).
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AscendArc sells first small‑GEO satellite to Korea Telecom’s KT Sat • Space Intel Report
SpaceNews.com
• Jason Rainbow