AS-IP Tech Inc (IPTK)

[asiqlimited]

Business jet update. I am sure you have all heard of Starlink, the $10 billion Elon Musks venture into satellite connectivity.
2000 satellites in operation most of which don’t talk to each other and they last around 4-5 years. (Iridium, Intelsat, Viasat and Inmarsat satellites last 20 years)

They just announced their new business jet service available sometime in 2023. Service charge $12,500/mo-$25,000/mo with a one-time hardware cost of $150,000." Plus a complex installation and huge antenna that would only suit large jets. They also suggest up to 350 mbps and 20 ms latency which is amusing. Below is what Starlink delivers on the ground which is not even close and bear in mind, in the air via satellite it is usually 5-10 times slower. Also being KU band is severely impacted by precipitation. (Going to work great in winter). LBand Iridium although slower, is not effected.

So much for cheap satellites wifi however, the Viasat’s large business jet system is $650k and $11k per month.

Our new business jet system launched recently and distributed by Bizjetmobile is RRP $25K plus $599 per month, for unlimited sms, email and WhatsApp. We charge $3 per Mb, if they want access to the internet. Iridium internet Is slow, but it works. The fact is our customers are cost conscious and don’t need the Internet, (They just like to know they can.) They prefer our unique unlimited messaging service to keep in contact and their pilots can also use it without running up a huge bill. We have our first 7 orders in various stages of installation, and revenue to ASIP has begun.

“Starlink's median download speeds in the US dropped from 90.6Mbps to 62.5Mbps between the first and second quarters of 2022, according to Ookla speed tests. Starlink's median upload speeds in the US dropped from 9.3Mbps to 7.2Mbps in the same timeframe.

Median latency also got a little worse for Starlink's US customers, rising from 43 ms to 48 ms. The latest numbers are in Ooka's Q2 2022 report on Starlink speeds around the world, released Tuesday. "Starlink speeds decreased in every country we surveyed over the past year as more users sign up for service," this week's report said. “