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Sky and Space Global To Partner with WeFarm Ltd - Bringing Nano-Satellite Mobile Technology to the World’s Small-scale Farmers



9 May 2017

Highlights

Sky and Space Global (SAS) has signed a Memorandum of Understanding with WeFarm Ltd, the world’s largest knowledge and data network for small-scale farmers

- Parties to explore the integration of the SAS communication platform into WeFarm’s data sharing network

- WeFarm’s network connects farmers across Latin America through to Eastern Africa

- SAS enters the agriculture sector through its Equatorial nano-satellite constellation network, represents a new and significant commercial opportunity for the Company

Sky and Space Global Ltd (ASX: SAS, “Sky and Space Global” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (MOU) with WeFarm Ltd to explore the integration of the SAS nano-satellite communication platform into WeFarm’s process of on-boarding users, who are small-scale farmers living in remote and isolated locations.

WeFarm is a free, knowledge and data sharing service that empowers farmers to connect with other farmers around the world to solve problems, share ideas and spread innovation. WeFarm estimates there are many hundreds of million small scale farmers globally who are potential users for the service.

WeFarm enables farmers to share crucial livestock and crop knowledge, low-cost farming solutions, and ask questions relating to any type of agricultural input or output without having to leave their farms – and without requiring connection to the internet. WeFarm sent over 40 million text messages this year through their network, and the Company expects this figure to grow exponentially in the near future.

Under the terms of the agreement, Sky and Space Global will help WeFarm to enhance mobile network coverage and connectivity for WeFarm’s users, through integrating Sky and Space Global technology and Equatorial nano-satellite constellation platform together with the WeFarm data sharing services for its users.

Sky and Space Global’s CEO, Mr. Meir Moalem said:

“SAS is now entering one if its key target markets, being the smart agriculture industry. We will provide farmers using WeFarm’s technology, the opportunity to send and receive instant messages (SMS) in real-time. The partnership further demonstrates SAS’s business model and strong social values when it comes to providing affordable communication services to Anyone, Anywhere, Anytime".

WeFarm CEO & Founder, Mr. Kenny Ewan said:

“We are excited to launch this agreement with SAS. We believe farmers have the deep knowledge most relevant to help other farmers and are simply providing a way for them to share information meant to help them prosper. With the addition of SAS’s exciting new nano-satellite technology, we will be bringing the latest in mobile space technology to a population who needs increased connectivity the most – rural small-scale farmers. This is yet another instance of how WeFarm is helping farmers to connect in a way that is reliable, convenient and cost effective”.

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For further information, please contact:

PR/International Media
David Vindel/Diana Kurteva
Ketchum
P: +44 20 37556417
E: skyandspace@ketchum.com

Australian Media
Ben Grubb
Media & Capital Partners
P: +61 414 197 508
E: ben.grubb@mcpartners.com.au

Sky and Space Global Ltd
Brett Mitchell
Executive Director - Australia
P: +61 8 9389 2000
E: brett@skyandspace.global

About Sky and Space Global Ltd
Sky and Space Global Ltd is an ASX listed (SAS) satellite company with European and Israeli centres of Aerospace, Satellite and Software Industry Experts.

The Company’s core business is to construct a communications infrastructure based on nano-satellite technology and develop highly sophisticated software systems that will deploy, maintain orbit control and handle communication code between each of the nano-satellites to provide a global coverage.

The Company’s mission is to provide low cost, nano-satellite communication coverage to anyone, anywhere with relatively low maintenance costs. This will enable Sky and Space Global to deliver cost-effective communications infrastructure and services to the telecommunications and international transport industries. Sky and Space Global Ltd owns 100% of its operating entity Sky and Space Global (UK) Limited.

About WeFarm Ltd
WeFarm is a free knowledge sharing service that enables farmers to connect with one another around the world to solve problems, share ideas and spread innovation. Approximately 500 million small-scale farmers provide over 70% of the world’s food. However, up to 90% have no access to the internet and are often isolated from basic agricultural information and new ideas. WeFarm empowers farmers to share crucial livestock and crop information online and via SMS – without having to leave their farms.

Knowledge shared on WeFarm can help farmers to produce higher quality product, increase yields, gain insight into market pricing, tackle the effects of climate change, trade advice on labour and inputs, diversify agricultural interests, and much more. Machine learning algorithms efficiently match queries posted on the system to other farmers, creating an immediate lifeline of actionable expert information for those in need.

Since its founding in 2015, WeFarm has been named one of Africa’s Most Innovative Companies by FastCompany and has won Google’s prestigious Impact Challenge Award, 4YFN Disrupted by Mobile 2017 at Mobile World Congress, GSMA’s Special Award for supporting Gender Diversity & Equality, the MEFFYS Award for Innovation in Technology, the Messaging and SMS World Awards’ Best SMS Solution, Business Rocks’ Global Startup Pitch Battle, Chivas Regal’s The Venture Competition’s UK prize, and the European Union Commission’s Ideas from Europe prize, among others.

The company is headquartered in London with field presence in Nairobi, Kampala and Lima. For more information see http://wefarm.org/, follow WeFarm on Twitter @we_farm and connect with WeFarm on Facebook and LinkedIn.

For further information on WeFarm, please contact:
Radha Ahlstrom-Vij
Global Head of Brand & Communications
P: +447584241132
E: Radha@wefarm.org