GCT Semiconductor And Skylo Technologies Announce Partnership To Advance Next-Gen Satellite Connectivity

The companies are collaborating to expand seamless global satellite connectivity for next-generation cellular IoT devices, including joint efforts towards chip and module certification

GCT Semiconductor Holding, Inc. ("GCT" or the "Company") (NYSE:GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, and Skylo Technologies, Inc, a global Non-Terrestrial Network provider spanning 36 countries across 70 million square kilometers of coverage, today announced a partnership to advance next-generation satellite connectivity. As part of this collaboration, the companies will jointly pursue chip and module certification to enable a new class of multi-use devices. These devices will allow customers to have ubiquitous connectivity by connecting to Skylo's network when terrestrial connectivity is out of reach.