Speedcast Announces Partnership With Plug and Play to Focus on Technology Growth With the Communication & IT Services Sector

Speedcast International Limited (ASX: SDA), Australia-based remote communication and IT services provider, announced on Monday it has teamed up with Plug and Play, a global innovation platform and startup accelerator, to focus on the advancement of technology within the communication and IT services sector.

Speedcast stated its decision to partner with Plug and Play demonstrates the company’s commitment to innovation and will accelerate the development of new technologies and business models. The company stated that this new partnership directly links it with high-potential startups and builds a collaborative environment to focus on technology innovation. Tim Bailey, Executive Vice President, Products, Marketing & Business Development of Speedcast, stated:

“We are excited about our partnership with Plug and Play, which is the first partnership of its kind in the remote communication and IT services sector. We are committed to be at the forefront with new technologies that enable us to develop new solutions for our customers. The relationship with Plug and Play helps accelerate Speedcast’s innovation capabilities.”

Speedcast will join as an Anchor Partner in the Supply Chain & Logistics Program in collaboration with other partners such as CMA CGM, DHL, Lufthansa Cargo, Maersk, Panasonic, and Union Pacific. Saeed Amidi, Founder and CEO of Plug and Play, added:

“Plug and Play is the ultimate innovation platform, bringing together the best startups and the world’s most advanced corporations. We are pleased that Speedcast has chosen to partner with us.”

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