MB Group, a major conglomerate based in Oman, has signed a strategic agreement with Astranis, a U.S. company specializing in geostationary communications satellites. The collaboration aims to develop and deploy Oman’s first dedicated MicroGEO satellite, enhancing the country’s telecommunications infrastructure.
Legal advisory for MB Group was provided by Hogan Lovells. The new satellite is expected to improve connectivity and support digital services across the region.
**Why this matters**
This partnership marks a significant step for Oman in expanding its space and communications capabilities. The deployment of a dedicated MicroGEO satellite can boost internet access and telecommunications reliability, contributing to economic growth and technological advancement in the country.
Source: NewsData