Walt Anderson is by no means a rookie entrepreneur. Several milestones could compete for the crowning achievement title of his 25-year career. He co-founded the International Space University in 1988, and established the first pan-European telecommunications operator, Espirit Telecom, which went public in the late ’90s before being acquired by Telco Communication Group.
His new venture is Avealto, which is in the final stage of developing a High Altitude Platform (HAP) to provide telecom infrastructure services in under-served areas of the world.
Loon is gone. With the shutdown of Google’s closely followed and often publicized HAP project, some may be believe that we’ve seen the end of High Altitude Platform(HAP) development. Maybe not./p>
In an exclusive interview with Satellite Mobility World, well-known serial entrepreneur and visionary, Walter Anderson identifies the real reasons behind the failure of Loon – not the “lack of a market” rationale offered by Loon’s CEO, Alistar Wesgrath.
AVEALTO Ltd., a UK-based company, was formed to design, build and operate a fleet of High
Altitude Platform (“HAP”) vehicles which can transparently replace point-to-point
satellite services at a lower cost, with higher quality service. Recent improvements in
the efficiency of batteries and solar cells now have made it possible to create a
commercially viable HAP vehicle optimized to provide Wireless Infrastructure.
Roughly half of the world’s populationis still offline. Some people can’t financially afford smartphones or telecom services, while others live in areas that make even subpar service unattainable. Thanks to mobile technology and broadband networks, it is possible for many of us to have the entire world of information at our fingertips. High-altitude platform (HAP) vehicles may help resolve this digital divide.
“It is a pleasure to welcome Avealto into the Association,” said APSCC President Gregg Daffner. “As the pre-eminent satellite industry group in the Asia-Pacific region, APSCC works to include companies from every part of the space industry, including HAPs manufacturers and operators. As our industry innovates and develops new ways to connect the people of the region, APSCC is a proud partner.”
“After many years of interaction with APSCC, Avealto is delighted to now become a member,” said Walt Anderson, Avealto’s Founder and CEO.
Loon is gone. With the shutdown of Google’s closely followed and often publicized HAP project, some may be believe that we’ve seen the end of High Altitude Platform(HAP) development. Maybe not.
In an exclusive interview with Satellite Mobility World, well-known serial entrepreneur and visionary, Walter Anderson identifies the real reasons behind the failure of Loon – not the “lack of a market” rationale offered by Loon’s CEO, Alistar Wesgrath.
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