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Speedcast and Plug and Play Partner to Drive Innovation in the Communications Industry

May 7, 2018

Speedcast International Limited (ASX: SDA), the world's most trusted provider of remote communication and IT services, and Plug and Play, the world's largest global innovation platform and startup accelerator, announced a strategic partnership focused on the advancement of technology within the communication and IT services sector. 

Speedcast's decision to partner with Plug and Play demonstrates the company's commitment to innovation and will accelerate the development of new technologies and business models. The partnership directly links Speedcast with high-potential startups and builds a collaborative environment to focus on technology innovation.

"We are excited about our partnership with Plug and Play, which is the first partnership of its kind in the remote communication and IT services sector," said Tim Bailey, Executive Vice President, Products, Marketing & Business Development, Speedcast. "We are committed to be at the forefront with new technologies that enable us to develop new solutions for our customers. The relationship with Plug and Play helps accelerate Speedcast's innovation capabilities."

Speedcast will join as an Anchor Partner in the Supply Chain & Logistics Program in collaboration with other partners such as CMA CGM, DHL, Lufthansa Cargo, Maersk, Panasonic, and Union Pacific in Silicon Valley. Plug and Play's Supply Chain & Logistics Program will ensure engagement with a select group of startups exploring new ideas and the development of technologies linked to Speedcast´s product roadmap.

"Plug and Play is the ultimate innovation platform, bringing together the best startups and the world's most advanced corporations," said Saeed Amidi, Founder and CEO of Plug and Play.   "We are pleased that Speedcast has chosen to partner with us."