FOR IMMEDIATE RELEASESpace Compass Corporation
Skyloom Global Corporation

Space Compass and Skyloom Sign a Term Sheet to Bring Optical Data Relay Services
to the Earth Observation Market
Tokyo, Japan, and California, U.S.A., September 6, 2022
Skyloom and Space Compass (a newly formed joint venture between NTT and SKY Perfect JSAT)
today announced that the companies signed a term sheet aimed to launch the first geostationarybased (GEO) data relay service over Asia that will leverage Skyloom’s cutting-edge communicationand networking systems for the purpose of serving the rapidly growing Earth-Observation (EO)market for real-time, high-capacity, direct-to-cloud data transfer. The companies plan to deploy thefirst network infrastructure node over Asia in 2024 and anticipate expanding the GEO constellation
to provide additional capacity and global coverage by 2026.

Global EO providers are rapidly expanding their constellations, thus creating immense amounts ofdata, typically in low-earth-orbit (LEO). The Compass-Skyloom system will provide an avenue for
immediate, cost-effective transfer of EO data via GEO satellite direct to cloud so that theircustomers and end-users can leverage perishable information on a real-time basis. The system will
rely on optical/laser communications terminals, enabling fibreless optical communications at thespeed of business. The partnership combines the space heritage and operations experience ofSKY Perfect JSAT, the telecommunications prowess of NTT, and the cutting-edge innovation ofSkyloom to unveil both a joint architecture and service for the EO market.
"This new team, leveraging the state-of-the-art telecom technology and infrastructure solutionsof Skyloom, will enable us to jointly deliver best-in-class service to our earth observationcustomers”, said Koichiro Matsufuji, Co-CEO, Space Compass.
“Skyloom is thrilled to be joining forces with Space Compass – which draws on the strengths oftwo market leaders in space operations and telecommunications. Together we look forward toproviding groundbreaking data transport capabilities to the earth observation market, and thisis only the beginning of what’s to come”, said Marcos Franceschini, Founder & CEO, Skyloom
Global.
"By this partnership, we are excited to be able to provide ultra high-speed and real time data
relay in a very economical manner for our customers as a first step toward a larger nonterrestrial network. We believe optical data relay technology is a keystone to innovate
networking and computing in orbit between GEO, LEO and ground”, added Shigehiro Hori, CoCEO, Space Compass.
About Space Compass Corporation
Space Compass is a joint venture company between NTT, Japanese ICT giant, and SKY
Perfect JSAT Corporation, Asia’s largest satellite operator. We will launch a Space
Integrated Computing Network to aid the realization of a sustainable society.
For more information, visit our corporate website, space-compass.com.

About Skyloom Global Corporation
Skyloom is an Oakland, CA-based telecommunications innovator founded with the mission
to develop, deploy, and operate one of the fundamental pieces of tomorrow's spacecommunication infrastructure for the provision of data transport services on a planetaryscale. They leverage deep heritage in space optical communications to enable real time
data transfer so that customers and decisionmakers can leverage perishable information.
www.skyloom.co