6 Satellite Internet Companies Register in Pakistan

Six firms have registered in Pakistan to provide satellite-based internet and undertake space-related activities.

Key points

• Four firms, Aether One, Flynautix, Galaxyspace Pakistan and Space P, were incorporated after the establishment of the Pakistan Space Activities Regulatory Board (PSARB).
• As its focal person for coordination with the committee, the commission has appointed Mubasher Saeed Saddozai, Divisional Head of its Corporate Registry Department.
• According to details submitted by the Securities and Exchange Commission of Pakistan (SECP), all six firms have completed the corporate registration process.
• SECP submitted the information to the Senate committee after a request from its chairman, Senator Rana Mahmood-ul-Hassan.
• Space P, a subsidiary of the National Command Authority, has been identified as exempt from the PSARB no-objection certificate requirement.

According to details submitted by the Securities and Exchange Commission of Pakistan (SECP), all six firms have completed the corporate registration process. Nevertheless, registration does not allow them to start commercial satellite internet services in Pakistan. Public Informed to Keep 4 Personal Details Private.

Details submitted to the Senate Standing Committee on Cabinet Secretariat made public that the registered businesses include Starlink Internet Services Pakistan, Spacesail Pakistan, Aether One, Flynautix, Galaxyspace Pakistan and Space P.

Four firms, Aether One, Flynautix, Galaxyspace Pakistan and Space P, were incorporated after the establishment of the Pakistan Space Activities Regulatory Board (PSARB). Starlink Internet Services Pakistan and Spacesail Pakistan were registered earlier.

Firms must additionally meet PSARB requirements and obtain the necessary security clearances before proceeding with their operations.

For context, the report remarked security clearance for foreign directors and shareholders of Starlink Internet Services Pakistan, Galaxyspace Pakistan and Spacesail Pakistan was still pending with the Ministry of Interior.

SECP has additionally established a separate registration category for aerospace and space-related businesses in coordination with PSARB to identify and classify businesses operating in the sector.

Space P, a subsidiary of the National Command Authority, has been identified as exempt from the PSARB no-objection certificate requirement. The SECP report additionally refers to Space P as having submitted the certificate, a point that requires clarification.

For context, the Pakistan Telecommunication Authority (PTA) will matter the relevant licences after businesses complete the mandatory security and regulatory requirements.

This means Starlink and other satellite internet providers cannot commercially launch their services until the required approvals are in place. Khaadi Faces Tough Questions Ahead of PSX Listing.

As its focal person for coordination with the committee, the commission has appointed Mubasher Saeed Saddozai, Divisional Head of its Corporate Registry Department. Stay Connected with ProPakistani.

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For now, 6 Satellite Internet Companies Register in Pakistan remains the part of the story worth watching, and further updates are likely as more details are confirmed.