Al Yah Satellite Communications Company PJSC ("Yahsat" and, together with its subsidiaries, "the Group") listed on the Abu Dhabi Securities Exchange ("ADX") (SYMBOL: YAHSAT) (ISIN: AEA007501017), the UAE's flagship satellite solutions provider, today announced a group-wide partnership with Ericsson (NASDAQ: ERIC) to provide private network, data and internet connectivity services across the oil and gas, mining and ports industries. The integrated solution provides secure, reliable and low-latency local connectivity to deploy Industry 4.0 use cases on a single network while ensuring that sensitive data remains on-site.
Yahsat and Ericsson will offer integrated solutions focused on critical connectivity to address industry challenges, including the lack of network separation for communications, high running costs, and data speed and coverage limitations. Under this agreement both parties will co-market and expand their sales of several important applications such as remote sensing, video surveillance, UAVs and drones, geo-positioning, backhaul solutions for offshore oil rig sites, and general data connectivity. The solutions offered will play a vital role in completing the technology and connectivity ecosystem needed for automation and IoT adoption in these industries.
The partnership leverages Ericsson’s telecommunications and technology leadership position for these critical industries which often operate in remote locations. Yahsat and Ericsson will further expand their private network presence across the region and provide value-adding services to existing and prospective customers.
Ali Al Hashemi, Yahsat Group CEO, said, "We are delighted to collaborate with Ericsson to deliver comprehensive integrated communications solutions to the oil and gas, mining and ports industries. Leveraging our combined areas of expertise, we are confident that we will play a key role in overcoming the access and connectivity challenges facing these critical industries and further build upon our strong value proposition to prime customer segments, regionally and internationally”.
Åsa Tamsons, Senior Vice President and Head of Business Area Technologies and New Businesses at Ericsson, added: "Ericsson has introduced private 5G networking solutions to fuel innovation and drive efficiency and sustainability across every sector. In addition, 5G enables automation, increases safety and facilitates lower carbon operations. Ericsson's private network solution, combined with Yahsat’s satellite connectivity and services, will empower advanced IoT use cases. Predictive maintenance, connected worker, augmented reality, sensor-based monitoring, and automated guided vehicles are some exciting examples."