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© alphaspirit dreamstime.com Electronics Production | June 22, 2018

ST Engineering completes JV setup in UK

Singapore Technologies Engineering's Electronics arm, ST Engineering Electronics Ltd. has completed the set-up of the JV company named Jet-Talk Limited (Jet-Talk) with SatixFy UK Limited.
ST Engineering Electronics has injected its proportional 49 percent share amounting to USD 10 million into the capital of Jet-Talk.

Jet-Talk, which is based in the UK, aims at developing a satellite antenna system that delivers enhanced in-flight connectivity for commercial aviation. Through this joint venture business, ST Engineering Electronics seeks to enhance its global access to emerging high growth commercial aviation connectivity market, a short announcement from the company states.

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July 18 2018 5:55 pm V10.0.0-2