Mitsubishi Electric Signs MOU with Four Companies for Collaboration Toward Realization of Mega-constellation Initiative
Japan, Nov. 10 -- Mitsubishi Electric Corporation announced that the company entered into a memorandum of understanding (MOU) on November 6 with NTT, Inc., NTT DOCOMO BUSINESS, Inc., MUFG Bank, Ltd., and Development Bank of Japan Inc. to explore comprehensive collaboration on the development and operation of a mega-constellation-an integrated system in which numerous satellites operate in coordination to provide services covering broad areas of the Earth-and on the provision of services utilizing the constellation. Under the MOU, the five companies will examine the technical and business feasibility of commercializing a diverse range of services enabled by mega-constellations, including communications, Earth observation, satellite-based pos...
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