Applied Satellite Technology Ltd (AST) Acquire Wright Satellite Connections

25 November 2013

Applied Satellite Technology Ltd (AST), a full service satellite solutions company and Tier 1 provider of all MSS airtime and hardware covering the 5 continents, is pleased to announce the acquisition of a majority stake in Wright Satellite Connections, (WSC) based in Wellington, New Zealand, increasing the previous shareholding from 49% to 75%.

WSC provide leading edge mobile satellite communication solutions to defence, maritime, civil defence and other organisations for their use around the world, and their strength lies in providing end to end solutions covering, hardware, airtime connections, training, peripherals such as encryption, and after sales care.

With offices already located in Australia, Singapore and Indonesia, this acquisition reinforces AST’s Pacific footprint, expanding their global reach and ability to service this vast region.  The integration is part of AST’s long term strategy, reinforcing its leading role in the global MSS industry.

“I am delighted to welcome Wright Satellite Connections to the AST Group of companies”, said Gregory Darling, Managing Director & Chairman of AST.  “We believe that we are well positioned to serve the existing channel, adding comprehensive best-in-class solutions and value throughout our wide-ranging portfolio of products and services, and also to combine our strengths to grow new business in the area”.

The current staff of WSC will continue to be fully engaged and steer the company forward, taking every advantage of being under the AST Group umbrella. The CEO commented, “Becoming part of the AST Group will enable Wrights to offer a wider range of solutions and services for fixed and mobile satellite requirements and to reach into new vertical markets.  We are looking forward to becoming part of the AST family”.