Silkwave has been actively deploying the converged satellite-5G mobile network to provide integrated multimedia, communication, broadcasting, and precision-navigation services targeting vehicles, mobile phones, and IoT edge- devices. The network covers the "Belt and Road" Asia, including China, ASEAN, India- Pakistan corridor, offering services that are abundant, ubiquitous, and data-charge-free to users while vastly compensating the insufficient connectivity of the ground 4/5G services. The company is planning to launch service in China first and later the "Belt and Road") Asia to become a leading mobile satellite-Internet service operator with a comprehensive infrastructure and technology platform.

Silkwave's mission: To enable everyone everywhere to have their own digital sky so as to eliminate the "Digital Divide" in the region. Ground-breaking satellite-5G converged platform, Asia's Only: Silkwave, through continuous merger and acquisition with its affiliate Silkwave Holdings has built up a series of space network infrastructure and resources which include the L-band high-orbit (GEO) mobile broadcasting satellite "AsiaStar," the user right of 40 GHz L-band mobile frequencies, satellite-5G and broadcasting-communication converged technology, and the developing L-band Low-Earth-Orbit (LEO) two-way mobile broadband satellite constellation. When combined, they will form the world's first GEO-LEO-5G network and become the most powerful platform in Asia to provide comprehensive mobile satellite communication, broadcasting, and navigation services satellite-direct to devices.

Huge potential markets: Leveraging the platform, Silkwave is focusing on deploying three businesses in China and will extend to Belt-Road Asia: "Satellite-to-vehicle" infotainment and telematics targeting the hundreds of millions of new-energy and smart cars in China. Satellite-to-smartphone multimedia-communication targeting the billions of new-generation mobile phones, satellite-to-IoT (Internet-of-Things), providing Beidou based precision navigation and data connectivity services to the coming billions of IoT edge- devices for various industrial IoT applications. In addition, Silkwave is also planning to expand services to Southeast Asia countries with turnkey solution by leveraging on its China ecosystem.

It has already entered into strategic partnership in Philippines and Indonesia to provide satellite-WiFi last-mile connectivity to remote villages and suburban cities and is currently undergoing trial services. Core Businesses: Satellite-to-vehicle connected-car infotainment: As new-energy and smart-driving car is becoming consumer's smartphone-on-wheel and largest mobile living-space, vast amount of mobile data will be used for a variety of services such as live audio-video entertainment, telematics, autonomous-driving software updates, which could amount to hundreds of gigabytes per day and require downloading anytime anywhere, and this cannot be sufficient accommodated by the conventional cellular network due to bandwidth, coverage, and cost constraints. Silkwave is the ideal platform.

Silkwave's L-band capability provides the company with tremendous competitive edge in the race toward satellite-to-mobile service. It is in close discussion with leading mobile operators for partnership to jointly operate the services and expects to launch a trial first half of next year. China currently has 1.7 billion mobile users.

Satellite-to-IoT precision-navigation: Also leveraging the same ecosystem platform, Silkwave is working with leading service operators to support Beidou by providing L-band satellite distributed kinematic data to Beidou navigation devices universally to enhance precision-positioning to centimetre- levels, which will in turn be needed by vat amount of applications for vehicles, handsets, and industry IoT like transportation, logistic, and smart-city. These are the largest consumer markets for mobile data delivery which the Silkwave's L-band platform can provide most economical, efficient services unmatched by competitors. Coming new-energy smart-cars will be the norm; passengers and drivers alike will require abundant multimedia entertainment and intelligent driving updates, which will far exceed the capability of current mobile network.

Coming new-energy Smart-cars will far exceed the capability of existing mobile network.