EAGLE-1 consortium readies Quantum Cryptography LEO satellite system

EAGLE-1, which is a consortium led by SES and 20 European partners, is developing a quantum cryptography LEO satellite and ground infrastructure that is expected to launch in 2024. Supported by the European Space Agency (ESA) and the European Commission, EAGLE-1 will deliver secure transmission of encryption keys across geographically dispersed areas and connect EU’s national quantum communications infrastructures for truly sovereign networks.SES...

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BlueMed subsea cable lands in Palermo

BlueMed, Sparkle's new cable that will connect Italy with France, Greece and several countries bordering the Mediterranean, has landed in Palermo, thus marking the completion of laying of the Genoa-Golfo Aranci-Pomezia-Palermo Tyrrhenian section. BlueMed, which is part of the Blue Submarine Cable System project built in partnership with Google and other operators, has four fibre pairs and an initial design capacity of more than 25 Tbps per pair....

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NTT Group FY2023 revenue up 8.1%, profit up 3.4%

NTT Group’s consolidated operating revenues for the fiscal year ended March 31, 2023 were 13,136.2 billion yen (an increase of 8.1% from the previous fiscal year), consolidated operating profit was 1,829.0 billion yen (an increase of 3.4% from the previous fiscal year), and consolidated profit attributable to NTT was 1,213.1 billion yen (an increase of 2.7% from the previous fiscal year).In July 2022, to create synergies through integration, NTT...

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AWS offers Aurora database without I/O charges

Amazon Web Services announced a new configuration for Amazon Aurora that offers improved price performance and predictable pricing for customers with input/output (I/O)-intensive applications. The new Aurora configuration allows customers to pay only for their database instances and storage consumption with no charges for I/O operations. This allows customers to confidently predict costs for their most I/O-intensive workloads, regardless...

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ServiceNow acquire G2K for IoT in retail storefronts

ServiceNow agreed to acquire G2K, a privately-held company based in Munich, Germany that processes real-time data across storefronts and other physical spaces. Financial terms were not disclosed.G2K, which was ounded by Karsten Neugebauer and Omar El Gohary in 2013, uses AI to translate that data into insights that allow organizations to take action. G2K can help businesses plan inventory based on demand, improve on-site customer experiences, address...

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AccelerComm raises £21.5m for 5G FEC optimization

AccelerComm, a start-up based in South Hampton, England announced £21.5m in Series B funding for its 5G channel coding technology.AccelerComm which was founded in 2016 by Professor Rob Maunder at the University of Southampton, specializes in channel coding, also known as forward error correction. The company’s product suite includes a channel coding IP solution that delivers reduced latency and power consumption for 5G radio baseband processing,...

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