BETHESDA, Md.-Qualcomm Inc. became a shareholder and limited partner in low earth orbit satellite operator SkyBridge L.P., the companies said. Financial details were not disclosed.
“SkyBridge will now have access to important Qualcomm intellectual property and can benefit from the company’s satellite telecommunications experience,” said Pascale Sourisse, SkyBridge president and chief executive officer. “SkyBridge’s industrial partners will be able to enter into licenses with Qualcomm for its CDMA technology for use in both user terminals and gateways.”
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SkyBridge will provide telecom operators with broadband access capacity via a constellation of 80 low earth orbit satellites.