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Lynk Global and Omnispace have finalized their merger, completing a deal first announced in October of last year and launching a new company, Elveo Mobile.
The newly formed business will focus on direct-to-device satellite connectivity, with Elveo Mobile set to provide connectivity from satellites to mobile phones, devices, and machines worldwide in multiple frequency bands. The company said its headquarters and technology center will be in the Washington DC metro area, with operations across the world.
Elveo combines the two direct-to-device operators’ assets, including access to spectrum rights across multiple bands and patented multi-band satellite technology. The combined company will also use Omnispace’s 60MHz of globally coordinated S-band spectrum, including a global S-band footprint, as part of its direct-to-device plans.
"We’re delivering a fundamental shift in communications by connecting ‘elevated intelligence’ directly from our network in space to mobile devices around the world", said Ramu Potarazu, chief executive officer, Elveo. "The Elveo network will be able to process and adapt on orbit, enabling global interconnectivity, voice and data services, and compute power to mobile users."
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Potarazu was previously CEO of Lynk.
According to Elveo, its service is compatible with the 8 billion mobile phones and devices people already own. The company also said its network will be optimized for 5G and non-terrestrial networks (NTN), using its own spectrum portfolio to support next-generation devices and address coverage gaps across consumer, automotive, IoT, and government sectors.
Before the merger, Lynk operated five small satellites in low Earth orbit. Founded in 2017, the company has raised more than $200 million to date and counts SES as an investor. Lynk had also recently ended plans to go public through a SPAC merger with Slam Corp.
Lynk has signed commercial agreements with more than 50 MNOs covering more than 50 countries, including Spark in New Zealand, Vodafone Ghana, Globe Telecom in the Philippines, Telecel’s Centrafrique in the Central African Republic, Rogers in Canada, TPG in Australia, Telikom in Papua New Guinea, and the US government.
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