Boeing Co. has invested in a Softbank Group joint venture that is developing a satellite-based disaster response communications system for Japan.
Boeing is a leading maker of satellites and Softbank Group includes wireless communications company Sprint Corp. Boeing did not disclose financial terms of its investment in the joint venture, SoftBank Satellite Planning Corp.
“This creative partnership underscores Boeing’s long-term commitment to Japan and supports customer needs using our 50 years of proven experience in satellite technology,” said Craig Cooning, chairman of Boeing Satellite Systems International Inc. and president of Boeing Network & Space Systems.
SoftBank Satellite Planning expects to propose a satellite-based system to Japan’s Ministry of Internal Affairs and Communications.
