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Wednesday, August 19, 2015 2:26:01 PM
-Globalstar is awaiting TLPS approval from FCC
-Low satellite orbit will make satellite internet a reliable and viable option, something that has not been the case in the past
-Currently, the sub-par nature of satellite internet confines it's viability to a niche of thousands.
-Increasing the performance to par with acceptable mainstream data speeds will guarantee millions upon millions globally would rely on satellite internet via the TLPS
-As stated in quote below XGate is charging $120/monthly per subscription for sub-par satellite internet performance
-If TLPS is approved by FCC then YIPI will essentially replaces XGate with the growth and acquirement of millions of customers.
-The math at it's current rate ($120/monthly per user) for a million users would be equivalent of YIPI generating revenues of $120MM/monthly giving it an estimated yearly revenue of $1.4 billion.
The information on XGate and it's current function clearly lays out previous structure being utilized by GSAT and the GSAT/YIPI parrtnership announcement details the future structure they will role out for TLPS using Yippy platform.
The information clearly outlines the strategy. Political checkered flag is the missing piece (ie FCC approval). GSAT has already field tested and has a Proof of Concept using the Yippy appliance. All that is required now is to scale once the approval comes through.
The big picture strategy from GSAT and YIPI is now makes a whole lot of sense. Definitely BIG MONEY if GSAT pulls of the FCC approval IMHO
Globalstar just wanted a scaled down web interface.
Globalstar provides satellite web access to remote locations.
Satellite is intrinsically slower than conventional access.
To deal with these slower speeds Globalstar and other satellite providers encourage the use of XGate.
Xgate is software that is distributed by Marine Global Services, not a software company. They charge $120 a year for a subscription.
XGate is the leading independent satellite data service with thousands of people all over the world currently using XGate to keep connected over satellite.
"thousands"
How much money would you invest in software development to satisfy a few thousand users?
Xgate simply strips web pages and compresses email to accommodate the slower connection speeds associated with satellite service.
The niche is obviously open for improvement and I think its what gave YIPI a meeting with Globalstar, but it doesn't equate to a big money maker.
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