AIFC Tech Hub continues to support investment projects of international big tech companies
With the support of the AIFC Tech Hub, JSC “NC” KTZ” signed a memorandum of understanding with the international satellite communication company “Network Access Associates Ltd.” (hereinafter – OneWeb). The memorandum was signed on February 02, 2023 as part of the annual international forum Digital Almaty 2023.
As part of cooperation with OneWeb, it is planned to launch tests of satellite terminals on the railway of Kazakhstan. Receiving a signal from a low-orbit satellite constellation will ensure communication stability and the ability to use it as a backup channel at stations. This will improve safety and efficiency by equipping far-flung facilities and trains with communications and the Internet.
According to Anuar Akhmetzhanov, Deputy Chairman of the Management Board for Strategy and Digitalization of JSC “NC” KTZ”, cooperation with OneWeb will allow exploring the possibilities of low-orbit satellite constellations to provide high-speed connections to ensure the digitalization of railway infrastructure, including railway stations, seaports, ships and rolling stock.
Tech Hub, in turn, continues to work to find and support international technology giants and their participation in investment projects in Central Asia.
Reference:
Astana International Financial Centre (AIFC) is an independent jurisdiction that started operations in 2018. In accordance with the Development Strategy until 2025, the key focus of the AIFC is to consolidate as a universal platform connecting the countries of the EAEU, Central Asia and the Caucasus. www.aifc.kz
AIFC Tech Hub is a meeting point for global startups, entrepreneurs, corporations, investors, leading industry experts, and specialists. The development of technologies in the AIFC covers programs to support startups, corporate innovations, and the venture capital market as well as specially developed rules and a regulator that allows testing products and solutions in technology. https://tech.aifc.kz
Digital Almaty is a forum that brought together international experts, representatives of government agencies, business and the IT community to jointly discuss current trends in the field of digitalization. https://almatydigital.kz/
JSC “NC“ KTZ” is a transport and logistics holding, an operator of the main railway network of the Republic of Kazakhstan, a national railway carrier of goods and passengers.
The OneWeb satellite constellation provides low-latency (up to 100ms) high bandwidth satellite communications services to meet the needs of enterprises in various industries on mobile and fixed platforms. The company has launched more than 84% of the satellite constellation and provides commercial services in countries located above 50 degrees north longitude. Currently, the ground station “OneWeb Central Asia” is under construction in the Republic of Kazakhstan.
