Broadband Satellite Services receives £6.3m in BGF funding

Investment news

BGF invested £6.3m in satellite and telecommunications investment company, Broadband Satellite Services (BSS).

BSS is using the investment to accelerate its long-term growth strategy, further strengthening its position as a top tier distributor of satellite communications services to those requiring communications in remote environments where mainstream terrestrial networks are not available.

Through its wholly owned companies Satcom Global and AND Group, BSS supplies services to military, maritime, aeronautical and offshore customers as well as media and aid agencies across the world. It is a key global distribution partner for major Satellite Network Operators (SNOs) Inmarsat, Iridium and Thuraya. In addition, BSS provides value-added services for customers including installation and technical support as well as a suite of in-house developed solutions to enhance the application of satellite services in different sectors.

BSS was formed in 2012 through the acquisition of Satcom Group and AND Group, and is now one of the world’s largest mobile satellite communications providers. The Group will continue to identify high-growth acquisition and investment opportunities in the Mobile Satellite Services market to further strengthen BSS’s offering.

Headquartered in Newcastle, BSS has offices in Singapore, Bangkok, Tokyo, Phoenix, Brisbane, Perth, Athens and Moscow and employs more than 200 people globally.

Related Articles

July/2018 | North East & Cumbria

BGF opens office in Newcastle

BGF has set up a North East base in Newcastle as it continues to scale its operations. Located in Waterloo …

July/2018 | North East & Cumbria

Unleashing the potential of North East entrepreneurs

We’re living in fascinating times. The world around us is transforming at breakneck speed and with it attitudes towards enterprise …

November/2017 | Business & Professional Services

BGF backs Cornwall Insight

Cornwall Insight, a leading provider of research, analysis, consultancy and training services for the energy and water sectors has received …